Facebook has reached a preliminary agreement in a long-running lawsuit seeking damages from the social network for allowing third parties, including the company Cambridge Analytica, to access users’ private data. XINHUA PHOTOWASHINGTON, D.C.: Facebook has reached a preliminary agreement in a long-running lawsuit seeking damages from the social network for allowing third parties, including the company Cambridge Analytica, to access users' private data. The social network did not indicate the amount or terms of the agreement in the class action. Cambridge Analytica, which has since shut down, had collected and exploited, without their consent, the personal data of 87 million Facebook users, to which the platform had given it access. In 2019, federal authorities fined Facebook $5 billion for misleading its users and imposed independent oversight of its personal data management.

Source: Manila Times August 28, 2022 22:11 UTC