Oman Outlook
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
No Result
View All Result
Oman Outlook
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
No Result
View All Result
Oman Outlook
No Result
View All Result

Meta to pay $725 million to settle Cambridge Analytica lawsuit

December 24, 2022
in Technology

Meta, Facebook’s parent company, will pay $725 million to settle a class-action lawsuit filed in 2018. Following Facebook’s revelation that 87 million users’ data had been improperly shared with Cambridge Analytica, tied to former President Donald Trump’s election campaign, a lawsuit was filed.

Cambridge Analytica obtained Facebook user data through an app developed by a third party. The “This is Your Digital Life” app was downloaded by only 270,000 Facebook users, but its permissions allowed it to access their friends’ data. The developer passed the 87 million-user dataset on to Cambridge Analytica, contravening Facebook’s terms of service. Many of the people in the dataset had not granted the consultancy firm permission to access their data.

Reports from The New York Times and The Observer revealed in 2018 that Cambridge Analytica still had copies of the data despite the UK-based firm telling Facebook it would delete it back in 2015. The unauthorized data sharing came to light in 2018. In May 2018, Cambridge Analytica filed for bankruptcy after determining it was no longer viable to continue operating the business.”

Other instances of problematic data-sharing practices by Facebook were added to the lawsuit against Meta. According to the lawsuit, Facebook gave “numerous third parties access to their Facebook content and information without their consent, [and] failed to adequately monitor their access and use of that information.”

Meta admits to no wrongdoing or illegal activity by settling the case. Instead, the company says the $725 million agreement, which must still be approved by a judge, is “in the overall interest of our community and shareholders,” a Meta spokesperson told Reuters. This settlement covers 280 million Facebook users. With the plaintiffs’ attorneys taking 25 percent, $725 million is going to be spread awfully thin.

Previous Post

December COVID-19 infections estimated at 250 million in China

Next Post

Five Pakistani soldiers killed, 12 civilians injured by explosions in Balochistan

Editor's Pick

Artprice by Artmarket has unveiled its new website, solidifying its position as the go-to platform for the online Art Market.

September 13, 2023

From India to Brazil, leadership transition marks G20 Summit’s conclusion

September 11, 2023

African Union Inducted into G20 on India’s Initiative

September 9, 2023

Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

September 1, 2023

Revolutionary acoustic study sets new standard for marine conservation in the UAE

September 2, 2023

ASEAN Summit in Jakarta sees PM Modi advocating India’s growing global impact

September 7, 2023

Egypt to expand Zohr field with 25 new wells

August 30, 2023

iPhone shipments to surpass Samsung in 2023, says renowned analyst

September 4, 2023

Business

From India to Brazil, leadership transition marks G20 Summit’s conclusion

September 11, 2023

African Union Inducted into G20 on India’s Initiative

September 9, 2023

Biden and Modi cement ties as India ascends global stage

September 9, 2023

Health

New research warns of liver risk from daily soda consumption

September 6, 2023

Sheesha cafes are a lethal mix of health risks and idle talk

September 6, 2023

Blue Zone centenarians’ longevity linked to high-carb diet

September 1, 2023

Travel

Air Canada faces backlash as passengers evicted for refusing vomit-soaked seating

September 7, 2023

Mombasa becomes flydubai’s newest destination in African expansion

September 2, 2023

Bomb threats and violent protests shake France tourism’s foundations

August 14, 2023

News

UN calls for greater female representation in police forces worldwide

September 8, 2023

Africa faces skyrocketing costs of climate change, projected to reach $440 billion

September 5, 2023

Revolutionary acoustic study sets new standard for marine conservation in the UAE

September 2, 2023
  • Home
  • Contact Us

© 2022 Oman Outlook | All Rights Reserved

No Result
View All Result
  • Contact Us
  • Home 1

© 2022 Oman Outlook | All Rights Reserved