Several social media companies have agreed to a US$5.3 million settlement for being obnoxious about user privacy. The suit stems from 2012, when Twitter, Instagram, Yelp, Foursquare, Kik, Path, Gowalla, and Foodspotting all took advantage of the way iOS worked at the time. More specifically, these companies sucked up our Contacts without telling us. iOS later required user permission to access our Contacts. The settlement was reported by Law360, who said the $5.3 million would be used to pay out damages to people who downloaded the above-mentioned apps between 2009 and 2012. What that means is the attorneys in the case get a phat paycheck, the companies get a slap on the wrist, and the millions of users who downloaded those apps will get pennies. Yay!