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Facebook agrees to settle Cambridge Analytica data privacy lawsuit

The four-year-old case alleged that the company had violated consumer privacy laws by sharing users’ personal data with third parties

Meta’s Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties, including Cambridge Analytica, access the private data of users, a court filing showed.

The financial terms were not disclosed in the filing on Friday that asked the judge to put the class action suit on hold for 60 days until the lawyers for both plaintiffs and Facebook finalize a written settlement.

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