Meta to pay $725 million in settlement over Cambridge Analytica scandal

Facebook parent company Meta agreed to settle Cambridge Analytica case for $725 million, a filing from the US District Court reveals. The proposed settlement would resolve a case that has been open since 2018, in which Facebook was accused of allowing the third-party consulting firm to access the data of nearly 87 million users.

Cambridge Analytica, a now-defunct company, worked for Donald Trump’s successful presidential campaign in 2016. It gained personal information of Facebook accounts for voter profiling and targeting without users’ consent.

The case pushed governments around…

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