The Penalty Meta Will Pay For The Cambridge-Analytica Scandal

Meta has agreed to pay a $725 million penalty for Facebook's biggest privacy scandal in history, 'Cambridge-Analytica'.
 The Penalty Meta Will Pay For The Cambridge-Analytica Scandal
READING NOW The Penalty Meta Will Pay For The Cambridge-Analytica Scandal

Facebook, which sold user data to Cambridge Analytica in the US elections in 2014 and signed the world’s largest data scandal, came to an end in this big case. Meta, the umbrella company of the platform, agreed to pay a penalty of $ 725 million due to the ‘Cambridge-Analytica Scandal’.

On the other hand, Meta refused to fully confess his guilt while agreeing to pay the fine. The company shared that this deal is only “best for the benefit of shareholders and the community.”

With the deal, the scandal case finally came to an end:

With Meta accepting the sentence, the Cambridge-Analytica Scandal case, which has been going on since 2018, will also come to an end. The $750 million fine that Meta will pay will be the largest among data privacy lawsuits in US history, and the largest in Meta’s history.

Let’s briefly recall the Cambridge-Analytica Scandal:

It all started with the confessions of an informant in 2018. It turned out that Cambridge Analytica provided the data of approximately 90 million Facebook users without permission from users to be used for ad targeting in the US elections in 2016.

Moreover, it is considered that the advertisements created thanks to this data played a major role in Donald Trump’s victory.

Comments
Leave a Comment

Details
257 read
okunma10599
0 comments