Settlement halts landmark trial over Facebook’s data misuse, dodging rare public scrutiny of leadership’s role in privacy breaches Meta Platforms and CEO Mark Zuckerberg Reach Settlement to End $8 Billion Privacy Lawsuit Meta Platforms, along with CEO Mark Zuckerberg and several current and former company executives, have reached a settlement to resolve a high-stakes lawsuit that sought $8 billion in damages over repeated privacy violations on Facebook. The agreement was announced Thursday, just as the Delaware Court of Chancery trial was entering its second day. The plaintiffs, shareholders of Meta, alleged that Zuckerberg and fellow directors—including former COO Sheryl Sandberg … Continue reading Meta Settles $8 Billion Privacy Lawsuit, Avoiding Trial Spotlight on Zuckerberg and Executives