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Zuckerberg and Meta investors reach settlement in $8B privacy case

In Brief Mark Zuckerberg and other current and former Meta executives have settled a lawsuit filed by a group of shareholders. They were seeking $8 billion for the damage the executives caused the company by allowing repeated violations of Facebook users’ privacy in relation to the Cambridge Analytica scandal. The parties did not disclose details of the settlement, according to Reuters. Facebook shareholders filed a lawsuit against Mark Zuckerberg, former COO Sheryl Sandberg, and other execut

Judge rules Apple must face antitrust lawsuit brought by the US DOJ

The US Department of Justice's antitrust lawsuit against Apple will progress. US District Judge Julien Neals of New Jersey denied the tech company's motion to dismiss the lawsuit brought over its "walled garden" approach to smartphone software. "We believe this lawsuit is wrong on the facts and the law, and we will continue to vigorously fight it in court," a spokesperson from Apple said. The DOJ and several states filed the lawsuit against Apple in March 2024. Their argument was that Apple had