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Cambridge Analytica scandal still lingering on as Meta settles with Australian users
The stench of Cambridge Analytica is still lingering around Facebook, as parent Meta just agreed to pay Australian users AUD $50 million over the scandal.
"We settled as it is in the best interest of our community and shareholders that we close this chapter on allegations that relate to past practices no longer relevant to how Meta’s products or systems work today," a spokesperson told The Guardian. Snap announced a new monetization program that will allow the app’s influencers to make money from Spotlight videos that are one minute or longer by earning a share of their content's ad revenue. Google may have only recently begun rolling out its Veo generative AI to enterprise customers, but the company is not wasting any time getting a new version of the video tool out to early testers.
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