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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Facebook Agrees to Settle Cambridge Analytica Privacy suit

In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. (AP)

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 Friday 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, AFP said.

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