Cambridge Analytica Scandal: A settlement of 60000 thousand crores has been offered by Facebook’s parent company Meta to settle the Cambridge Analytica case. In fact, after the revelations made by Meta in the year 2018, it has been agreed to pay $725 million for the settlement of the class lawsuit, which lasted for almost 4 years, which is 60000 crores according to Indian currency. After the allegations in the Cambridge Analytica case, the company has taken this big decision and is now fully ready to pay this huge amount.
What is Cambridge Analytica Scandal
Facebook shared the personal data of some 87 million users with the advisory firm Cambridge Analytica. The users whose personal data was shared with the company were unaware of it, and without their knowledge, the company had taken such a big step. After this scam, the phase of pointing fingers started on Facebook. This scam’s real purpose was Cambridge Analytica’s participation in Donald Trump’s 2016 presidential campaign. The personal data of the users was to be used for this campaign.
A Big Role in Donald Trump’s Victory
The Cambridge Analytica scandal is said to have played a major role in helping Donald Trump win the 2016 US presidential election. This matter came out in the year 2018. Not only this but Cambridge Analytica has also been accused of manipulating the voting done for Britain’s separation from the European Union.
This big scandal of Cambridge Analytica and Facebook exposed the wealth of Christopher Wiley, an employee of Cambridge Analytica. However, this settlement does not mean that Meta has accepted its mistake. Nevertheless, this step is being told to hush up the matter.
