Facebook Agrees to Settle Cambridge Analytica Lawsuit
upstart writes:
Facebook agrees to settle Cambridge Analytica lawsuit alleging millions of users' data exposed:
Facebook has agreed to settle a four-year federal lawsuit seeking damages for letting third parties, including Cambridge Analytica, access private user data, according to court filings.
The settlement - the terms of which have not been disclosed by Meta Platforms, the social media giant's parent company - brings closure to a long-running case alleging that Facebook violated consumer privacy laws by sharing millions of users' data with third parties, including the now-defunct British firm connected with Donald Trump's presidential campaign.
[...] The agreement was reached before a 20 September deadline for Meta CEO and Facebook founder Mark Zuckerberg to submit pre-trial depositions in the case.
Now-former COO Sheryl Sandberg, who announced she is leaving the company after 14 years earlier this year, also was likely to be deposed.
[...] The lawsuit asserted Facebook is both a "data broker and surveillance firm" as well as a social network.
A spokesperson for Facebook told The Independent that the company does not have a comment at this time.
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