Facebook parent Meta will pay $725M to settle a privacy suit over Cambridge Analytica

Facebook CEO Mark Zuckerberg walks at the company’s headquarters in Menlo Park, Calif., on April 4, 2013. Facebook parent company Meta has agreed to pay $725 million to settle a class-action privacy lawsuit. Marcio Jose Sanchez/AP hide caption toggle caption Marcio Jose Sanchez/AP Facebook CEO Mark Zuckerberg walks at the company’s headquarters in Menlo Park, Calif., on April 4, 2013. Facebook parent company Meta has agreed to pay $725 million to settle a class-action privacy lawsuit. Marcio Jose Sanchez/AP Facebook parent company Meta has agreed to pay $725 million to settle a class-action lawsuit claiming it improperly shared users’ information with Cambridge Analytica, a data analytics firm used by the Trump campaign. The proposed settlement is a result of revelations in 2018 that information of up to 87 million people may have been improperly accessed by the third-party firm, which filed for bankruptcy in 2018. This is the largest recovery ever in a data privacy class action and the most Facebook has paid to settle a private class action, the plaintiffs’ lawyers said in a court filing Thursday. Meta did not admit wrongdoing and maintains that its users consented to the practices and suffered no actual damages. Meta spokesperson Dina
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