Metato a $ 725 million deal for the big “Cambridge Analytica” scandal that broke out during the Facebook era. had.
For those who still don’t know, this scandal that broke out exactly four years ago is at the center of the event. Cambridge Analytics‘s access to the personal information of more than 87 million people unannounced. using this data Analytica, which carried out customized propaganda work in the United States electionsFor a very long time, it had not been off the agenda with Facebook. Cambridge Analytica was shut down after the events, but the legal processes are still going on even though we are very close to 2023. The umbrella company of Facebook, Instagram and WhatsApp, which decided to reach an agreement in order not to prolong the process any longer in one of the class action lawsuits. Meta, in this context 725 million dollars case to pay will stay.
The settlement resolves user allegations that Facebook violates federal and state laws by allowing companies it does business with to collect user data without permission. $725 million in US data privacy-focused class action lawsuits is the highest amount ever paid and also to solve a lawsuit filed collectively by Meta It is also reportedly the highest amount ever paid.. $725 million isn’t a huge amount for a company like Meta that makes billions of dollars every quarter. of the firm especially in Europe, there are much larger fines it pays.
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Testifying about this scandal in past years Facebook CEO Mark Zuckerberg He had answered many questions in front of the cameras. After that, the company, which took many steps to increase security, was of course very negatively affected by the process. Thousands of people deleted their accounts after the incident, and Elon Musk was included with his SpaceX and Tesla accounts. Cambridge Analytica scandal he knew long before he conveyed alleged Zuckerberg, He suffered great losses due to this event, but he still maintains his position at the head of the company.