The social media giant agreed to settle a lawsuit for sharing data with third parties like Cambridge Analytica.
Meta’s Facebook settled a long-running lawsuit in a US court seeking damages for letting third parties access the private data of users, according to an article in POLITICO.
The most famous of these third parties is Cambridge Analytica, a UK-based political consulting firm who purportedly used the data to help ensure an electoral victory for the Republicans in the US in 2016.
Mark Zuckerberg to sit for questioning
The preliminary settlement was disclosed in a court filing late Friday. The terms were not disclosed. The settlement follows the revelation last month that Meta Chief Executive Officer Mark Zuckerberg would have to sit for as long as six hours of questioning by plaintiffs’ lawyers.
Lawyers for the plaintiffs and Facebook asked the judge to put the lawsuit on hold for 60 days to allow the parties to “finalize a written settlement agreement” and present it for preliminary approval by the court.
Facebook users sued the company in 2018 after it was revealed that it violated consumer privacy by sharing users’ personal data with third parties, including Cambridge Analytica, a firm connected with Donald Trump’s presidential campaign. The scandal saw the data of 87 million users scraped and shared without their consent.