Facebook parent Meta has agreed to settle a class-action lawsuit over the Cambridge Analytica data harvesting scandal for $725 million, or just under 2.5 days of revenue (based on Q3 figures). To recap - in 2014, Aleksandr Kogan of Cambridge University in the UK built a Facebook app that paid hundre...

Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. The proposed settlement, which was disclosed in a court ling late on Thu...