US Meta agrees to pay $725 million to settle Cambridge Analytica case

SAN FRANCISCO: US company Meta Platforms has agreed to pay $725 million to settle a long-running case alleging that its Facebook social network illegally shared user data with Cambridge Analytica.

“This latest compensation is the largest ever paid in a data privacy compensation case, and the largest compensation Facebook has ever paid to settle a private damages lawsuit,” Bloomberg news agency quoted plaintiffs in the case as saying.

Under this settlement, Mita is close to settling the case dating back to 2018, which was filed by a number of Facebook users, after it was found that the British research institution Cambridge Analytica, which was linked to the election campaign of former US President Donald Trump in 2016, viewed data related to about 87 million users. Facebook.