Photo: Perzonseo Webbyra / CC BY 2.0 Eight social media firms have agreed to a settlement of $5.3 million in response to a class action lawsuit that had accused them of breaching privacy by uploading users’ personal contact information on iOS devices, AppleInsider reports. Citing a report by Law360 (subscription required), the settlement agreement was filed earlier this week in a San Francisco federal court, proposing that Foodspotting, Foursquare,…