Facebook agrees to settle Cambridge Analytica privacy suit

WASHINGTON – has reached a preliminary agreement in a long-running lawsuit seeking damages from the social network for allowing third parties, including the company , to access users' private data.

According to a document filed Friday (Aug 26) in a San Francisco court, Facebook says it is submitting a draft “agreement in principle” and has requested a stay of proceedings for 60 days to finalise it.

The social network did not indicate the amount or terms of the agreement in the class action.

When asked by AFP, Facebook said late Saturday night they had “no comment to share at this time.”

The deal comes as Mr Mark Zuckerberg, boss of Facebook's parent company Meta, and former chief operating officer Sheryl Sandberg, who announced her resignation in June, were due to testify in court in September as part of the scandal.

In a lawsuit initiated in 2018, Facebook users accused the social network of violating rules by sharing their data with third parties including the firm Cambridge Analytica, which was linked to Mr Donald Trump's 2016 presidential campaign.

Cambridge Analytica – which has since shut down – had collected and exploited, without their consent, the personal data of 87 million Facebook users, to which the platform had given it access.

This information was allegedly used to develop software steering US voters in favour of Mr Trump.

In 2019, federal authorities fined Facebook US$5 billion (S$7 billion) for misleading its users and imposed independent oversight of its personal data management.

Since the Cambridge Analytica scandal broke, Facebook has removed access to its data from thousands of apps suspected of abusing it, restricted the amount of information available to developers, and made it easier for users to calibrate restrictions on personal data sharing.

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