Posted in: Tattle, Technology

Facebook agrees to settle Cambridge Analytica data privacy lawsuit

The four-year-old case alleged that the company had violated consumer privacy laws by sharing users’ personal data with third parties

Meta’s Facebook has in principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties, including Cambridge Analytica, access the private data of users, a court filing showed.

The financial terms were not disclosed in the filing on Friday that asked the judge to put the class-action suit on hold for 60 days until the lawyers for both plaintiffs and Facebook finalize a written settlement.

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