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Meta Directors, Shareholders Settle Privacy Suit Before Board Members Testify at Trial

By Kim S. Nash

 

Hello. A lawyer in a data-privacy case against current and former Meta officials told the judge Thursday that the parties had agreed to settle, ending the trial on its second day.

The settlement means high-profile Meta executives and board members will avoid testifying about their response to the Cambridge Analytica scandal. Read the full story. 

Also today: 

  • Three bills to regulate crypto passed in the House
  • TikTok, WeChat and AliExpress targeted in privacy complaints
  • What the break-up of U.S. cyber diplomat's office means
 

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PHOTO: JULIA DEMAREE NIKHINSON/AP

Three bills advanced in the House on Thursday aimed at setting up regulations for cryptocurrencies. Standards for stablecoins; rules for crypto exchanges, brokers and issuers; and a ban on central-bank digital currencies were passed. (WSJ)

Chinese tech firms sued over privacy concerns. An Austrian privacy group known as Noyb filed complaints against AliExpress, TikTok and WeChat, accusing the companies of violating Europe's strict data-governance laws by not providing consumers with copies of the data the firms have about them. (Reuters)

  • Noyb has targeted U.S. companies, including Alphabet, Apple and Meta, for similar reasons, winning privacy concessions. 

The break-up of the U.S. cyber diplomacy office by the Trump administration puts the country at a disadvantage in negotiating international cooperation in responding to cyberattacks. The Bureau of Cyberspace and Digital Policy is losing some staff, with remaining people being dispersed to other areas of the State Department. (Cybersecurity Dive) 

 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, James Rundle and Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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