Mark Zuckerberg, Sheryl Sandberg spared from testifying
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Mark Zuckerberg and Meta's current and former executives have settled an $8 billion lawsuit over privacy violations, avoiding public accountability. Shareholders had sued for damages related to fines and legal costs from repeated privacy breaches.
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and penalties.
Meta shareholders have launched an $8 billion lawsuit against Mark Zuckerberg, Sheryl Sandberg, Peter Thiel, and other executives, accusing them of failing to prevent the Cambridge Analytica data breach and violating a 2012 FTC privacy agreement.
Security is tighter than ever at the Allen & Company summit—“literally the dumbest thing in the world,” says Fox’s Charlie Gasparino—but journalists still manage to eke out scoops on mogul meetups and Ivanka Trump’s coffee runs.
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