Washington, Aug 26 (Globe Live Media) .- Meta, the company that owns Facebook and Instagram, reached an out-of-court settlement on Friday in a class action lawsuit against it for having violated the privacy of users by sharing their data with third parties without consent.
In a document filed with the judge, Meta and the attorneys leading the class action lawsuit asked the judge for 60 days to finalize the details of the settlement.
The plaintiffs cited as the main example of the mismanagement of privacy by the company the scandal of the British consulting firm Cambridge Analytica, uncovered in 2018 and the largest that the social network has had to face to date.
In March of that year it was revealed that this company used an application to collect millions of data from Facebook Internet users without their consent and for political purposes, and used them to create psychological profiles of voters who allegedly sold to the now president’s campaign. of the USA, Donald Trump, during the 2016 elections, among others.
This scandal put the Menlo Park (California, USA) firm in the spotlight of regulators around the world, and the US Federal Trade Commission (FTC) announced a sanction to Facebook of 5,000 million dollars.
It was the largest fine ever imposed on a technology company in the country and one of the largest in the history of the FTC, which also required the company led by Mark Zuckerberg to comply with a series of agreed measures to improve its operations in regarding privacy.
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life’s biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.