Meta and Zuckerberg settle $8bn lawsuit over Facebook privacy issues

1 min read
Source: BBC
Meta and Zuckerberg settle $8bn lawsuit over Facebook privacy issues
Photo: BBC
TL;DR Summary

Meta investors settled an $8 billion lawsuit with Mark Zuckerberg over Facebook's privacy violations, including the Cambridge Analytica scandal, just before the trial's second day in Delaware court. The shareholders accused Zuckerberg's actions of leading to significant privacy breaches and sought reimbursement for fines and legal costs Meta paid. The settlement amount was not disclosed.

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