Meta, Mark Zuckerberg and Facebook
Digest more
An $8 billion US trial by Meta Platforms shareholders against Mark Zuckerberg and other current and former company leaders kicks off on Wednesday over claims that they illegally harvested the data of Facebook users in violation of a 2012 agreement with the U.
The trial against Meta CEO Mark Zuckerberg and other former and current leaders, over Facebook privacy violations, has officially begun.
Meta shareholders have launched an $8 billion lawsuit against Mark Zuckerberg, Sheryl Sandberg, Peter Thiel, and other executives, accusing them of failing to prevent the Cambridge Analytica data breach and violating a 2012 FTC privacy agreement.
An $8 billion lawsuit targets Meta CEO Mark Zuckerberg over the 2018 Cambridge Analytica privacy scandal. Investors claim Meta misled shareholders about privacy risks and violated an FTC consent order.
Cambridge Analytica, the political ad marketing firm that worked for President Trump and was involved in the misappropriation of 87 million Facebook users' data, is closing its offices.
Facebook pledged to alert those users whose personal data was improperly collected by Cambridge Analytica. Facebook also posted a link to updated policies for Instagram , which it owns.