Hey there, tech lovers! Today, I’ve got some intriguing news about a major legal win for Meta and Mark Zuckerberg, all wrapped around a hefty $8 billion privacy settlement.

Mark Zuckerberg and several Meta top brass have finally settled a lawsuit brought by shareholders. The suit was about the company’s repeated privacy slip-ups, especially linked to the infamous Cambridge Analytica scandal.

The shareholders demanded a huge $8 billion compensation, claiming that the executives knowingly broke a federal agreement by sharing users’ private info with third-party apps without permission. This follows a hefty $5 billion fine from the FTC back in 2019 for similar privacy failures.

The details of this settlement are still under wraps, with official sources choosing not to disclose them. The case had listed high-profile names like Zuckerberg, Sheryl Sandberg, Peter Thiel, and others as witnesses, set to testify about these privacy breaches.

This legal episode highlights ongoing issues around data safety and accountability for social media giants. While the attorneys and shareholders got some closure, it’s clear that the topic of user privacy remains a hot button in the tech world.