Facebook agrees to settle Cambridge Analytica privacy suit

Facebook says it is submitting a draft ‘agreement in principle’ and has requested a stay of proceedings for 60 days to finalize it

Facebook has reached a preliminary agreement in a long-running lawsuit seeking damages from the social network for allowing third parties, including the company Cambridge Analytica, to access users' private data.

According to a document filed on August 26 in a San Francisco court, Facebook says it is submitting a draft "agreement in principle" and has requested a stay of proceedings for 60 days to finalize it.

The social network did not indicate the amount or terms of the agreement in the class action.

When asked by AFP, Facebook said late on August 27 night they had "no comment to share at this time."

The deal comes as Meta boss Mark Zuckerberg and former chief operating officer Sheryl Sandberg, who announced her resignation in June, were due to testify in court in September as part of the scandal.

In a lawsuit initiated in 2018, Facebook users accused the social network of violating privacy rules by sharing their data with third parties including the firm Cambridge Analytica, which was linked to Donald Trump's 2016 presidential campaign.

Cambridge Analytica - which has since shut down - had collected and exploited, without their consent, the personal data of 87 million Facebook users, to which the platform had given it access.