Facebook has confirmed it will be paying a record fine in the UK concerning its involvement with Cambridge Analytica.
The social media giant revealed it has reached a settlement with the UK Information Commisioner’s Office (ICO) concerning its alleged misuse and sale of user data, and will be dropping its appeal.
Facebook was fined £500,000 by the UK’s data protection watchdog a year ago after the ICO said the company had allowed a “serious breach” of the law to take place.
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However Facebook appealed against the punishment, arguing there was no evidence to suggest that any private user data was used by Cambridge Analytica or any affiliates to target voters in the build up to the
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