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Facebook parent company Meta has agreed to pay US$725 million to settle a longstanding class action lawsuit accusing it of allowing Cambridge Analytica and other third parties to access private user information and misleading users about its privacy practices.
Facebook parent Meta signed on to a $725 million settlement to potentially close out a class-action lawsuit over the sharing of user data with third parties, such as the Trump-aligned campaign consulting firm Cambridge Analytica, according to a Thursday court filing.
Facebook parent company Meta has agreed to pay $725 million to settle a longstanding class action lawsuit accusing it of allowing Cambridge Analytica and other third parties to access private user information and misleading users about its privacy practices.
Facebook parent Meta approved a $725 million settlement to potentially close out a class-action lawsuit over the sharing of user data, per a Thursday filing.
The lawsuit, which dates back to 2018, came after Facebook had secretly shared the personal data of up to 87 million users with the consulting firm Cambridge Analytica.