Meta agrees to $725M to settle Cambridge Analytica suit
In one of the highest privacy suit settlements anywhere, Meta has agreed to settle the famed Cambridge Analytica suit which in 2018 revealed Facebook was allowing third parties to access user data – and the Cambridge Analytica consulting firm had helped itself to up to 87 million user records. Now, Meta, in agreeing to $725 million to settle the class action, will have the dubious honor of being #1 for a US privacy payout – and one of the top (see below) globally for GDPR.