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Facebook Faces Massive $725M Lawsuit Settlement

View Source | April 18, 2023 4:50 pm

  • A massive $725 million settlement involving Facebook’s parent company Meta was tentatively approved by a judge on Wednesday, paving the way for users of the social media platform to apply for a chunk of the payout.
  • Meta has agreed to the payment to settle a lawsuit claiming Facebook allowed users’ personal data to be shared with third parties, the most famous being Cambridge Analytica, a consulting firm that supported Donald Trump’s 2016 presidential campaign.
  • The firm harvested the data of as many as 87 million Facebook users, the Associated Press reported.
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