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To settle a case related to user data, Meta paid $725 million

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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 lawsuit, and the largest compensation Facebook has ever paid to settle a private damages lawsuit,” Bloomberg News quoted plaintiffs in the case as saying.

Under this settlement, Meta 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.

This agreement requires the approval of a federal judge overseeing the case.

“We sought a settlement because it is in the best interests of our community and our shareholders,” Meta said in an emailed statement. “Over the past three years, we have modernized our approach to privacy with the implementation of a comprehensive privacy program, and we look forward to continuing to provide services that people love and trust while putting the The issue of privacy comes first.

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