Google plans to pay out an $8.5 million settlement as part of a privacy class action against its Gmail Buzz feature, the Internet giant said Tuesday. The funds will be applied toward an independent fund, designed to support organizations promoting privacy education and policy on the Internet.Anyone looking to personally receive a portion of that settlement is out of luck. It does not include compensation for any of the millions of Gmail users, who comprise the settlement group. Folks, however, can opt out of this particular settlement group and strike out on their own -- providing they opt out before Dec. 6. Google (GOOG) posted information about the settlement and opting out on its BuzzClassAction.com site.
The court, meanwhile, will hold a hearing Jan. 31 to consider approving the $8.5 million settlement.

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