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Cambridge Analytica - Meta to Pay $725m Fine

Meta The parent company of Facebook has agreed to pay $725 million (£600 million) to settle a lawsuit over a data breach linked to Cambridge Analytica.

 

In the long-running dispute, the British company said that the social media giant let third parties, like itself, look at the information of Facebook users.

 

Lawyers say that the amount asked for is the most ever asked for in a US class action over data privacy.

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Facebook has come under a lot of fire after it was revealed that it had known for years that Cambridge Analytica had collected information on millions of its users but had trusted the London-based company to self-certify that the information had been deleted.

 

Cambridge Analytica said that it bought the information from the creator of the This Is Your Digital Life app without knowing that it had been gathered illegally...Read More

 

Source: California Gazette