Golden Finance reported that Australia’s privacy regulator said that Meta (META.US) has agreed to pay 50 million Australian dollars to settle the protracted legal proceedings arising from the Cambridge Analytica scandal. Australian Information Commissioner Elizabeth Tydd said: "Today's settlement is the largest payment ever made to address personal privacy issues in Australia." British consulting firm Cambridge Analytica has been exposed to have retained the personal data of millions of Facebook users without permission and used it for political advertising and other purposes. The Office of the Australian Information Commissioner alleged that Meta breached privacy laws and disclosed the personal information of more than 311,000 Australian users to Facebook's personality test app "This is Your Digital Life" without the user's consent.