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Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It 'Largest Ever Payment' - Meta Platforms (NASDAQ:META)

  • Meta Platforms has reached a settlement of $32 million with Australia regarding the Cambridge Analytica privacy breach.
  • The Privacy Commissioner has labeled this settlement as the 'largest ever payment'.
  • This settlement represents a significant financial penalty for privacy breaches.
  • The case involves the misuse of personal data by Cambridge Analytica.
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