In the largest privacy class action lawsuit settlement yet, Facebook owner Meta has agreed to pay $725 million to settle charges over use of customer data without permission.The class action suit arose from the 2018 revelation that Facebook allowed a Cambridge Analytica, a UK political consultancy, access significant data from up to 87 million users. Cambridge Analytica, which has since ceased trading, had reportedly used the data for voter profiling and targeting on behalf of assorted campaigns in 2016.According to Reuters, the lawyers presenting the class action suit say that $725 million is the largest ever seen in a US data privacy case. It is also the most that Meta has paid to resolve such a suit.Read more
