Resolution was signed on the same day that Marc Andreessen, one of the most influential risk capital investors in Silicon Valley and a member of the Goal Board of Directors, should testify
The CEO of the Goal, and other members of the company’s Board of Directors reached an agreement to terminate a lawsuit in the case of privacy of Cambridge Analytica, sources familiar with the issue of AFP said on Thursday (17). The authors of the case, whose trial began on Wednesday, claim that the $ 5 billion agreement (R $ 27.8 billion) that the group’s leaders agreed to pay the US government for alleged user privacy data violations was excessive. The agreement was signed on the same day that Marc Andreessen, one of the most influential risk capital investors in Silicon Valley and a member of the Goal Board of Directors, should testify.
Zuckerberg should also attend the Wilmington Court, Delaware, next Monday. Among those summoned to testify were Silicon Valley investor, and Goal Executive Sheryl Sandberg. Cambridge Analytica was a political consulting firm that improperly collected personal data from millions of Facebook users for political propaganda during the US 2016 elections and the Brexit referendum. This case has placed Facebook and Zuckerberg in Washington’s target, which has started regulatory changes, and society in relation to the collection and use of private data by technology companies.
Shareholders claimed that board members have conspired to pay more to the US government in exchange for ensuring Zuckerberg’s innocence. Company observers hoped that the trial would clarify internal details about how Zuckerberg and Facebook executives dealt with the scandal.
At the time of the agreement, Zuckerberg was under pressure from governments and congresses of great Western powers who accused Russia and other countries to interfere with these countries’ elections through Facebook.
*With information from AFP
Posted by Fernando Dias