Get the latest tech news
Facebook-parent Meta settles with Australia's privacy watchdog over Cambridge Analytica lawsuit
Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia's privacy watchdog said on Tuesday.
The personal data of 311,127 Australian Facebook users was "exposed to the risk of being disclosed" to consulting firm Cambridge Analytica and used for profiling purposes, according to the 2020 statement. "Today's settlement represents the largest ever payment dedicated to addressing concerns about the privacy of individuals in Australia," the Australian Information Commissioner Elizabeth Tydd said. A Meta spokesperson told Reuters that the company had settled the lawsuit in Australia on a no admission basis, closing a chapter on allegations regarding past practices of the firm.
Or read this on r/technology
