Mark Zuckerberg and current and former Meta executives agreed on Thursday to settle a $8 billion shareholder lawsuit alleging the company’s directors failed to prevent billions of dollars in fines

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.

But even though Facebook as an organization knew by that point, in 2017, that Cambridge Analytica had obtained Facebook users’ personal information in violation of the platform’s policies, ...

Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal.