Meta to pay $725M settlement in Cambridge Analytica data access case

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( and [Haje Jan Kamps]( Friday, December 23, 2022 Today we celebrate a bit of oversight over an industry that has been allowed to prey on those less fortunate for way too long — [Devin]( reports that the [FCC is taking a more firm hand in overseeing the prison phone system]( in a simple bill, giving the regulatory body the power “to ensure just and reasonable charges for telephone and advanced communications services in correctional and detention facilities.” In other captivating news, the Daily Crunch will be back next week in a slightly diminished form, as both Christine and Haje disappear for the holidays. The full newsletter will be back soon, and the two of us wish you a very happy Christmas if you celebrate, a very peaceful holiday if you do not, and a magnificently prosperous 2023, in either case. Much love, [Christine]( and [Haje]( [ image] Image Credits: Chesnot / Getty Images The TechCrunch Top 4 - [Meta settles](: After years of pushing back against a lawsuit, Meta has agreed to a $725 million settlement to resolve a class-action lawsuit over Cambridge Analytica harvesting data from Facebook users. [Paul]( has more. - [Breathe in that fresh air](: Mila, the maker of a smart air purifier that came from humble beginnings on Kickstarter, scored $10 million in a round led by Electrolux. This gives it a $52 million valuation and the backing to add some smarts to a new product — a humidifier, [Haje]( writes. - [Charge it up](: It looks like Tesla is #winning in a space that Apple couldn’t make work. The automaker unveiled its $300 charging mat that can recharge three devices at once,[Matt]( reports. - [The results are in](: [Dominic-Madori]( surveyed three Black investors about what they are prepping for in 2023. [Read the full version on TechCrunch+](. [Holiday shipping is easier this year, but the tech is still lagging]( Global supply lines are in better shape than they were this time last year, but that doesn’t bode well for the future, writes Flexport CEO Ryan Petersen. “This year’s improvements in shipping largely reflect a pullback in consumption rather than any improvement in the underlying infrastructure,” he says, noting that labor shortages, global instability and high fuel prices have created persistent bottlenecks. “Fortunately, the data available today is rich beyond measure, and we also have the tools to leverage it in ways that can boost efficiency.” Three more from the TC+ team: - Cloud money makes it rain: [While Amazon had a rocky year, AWS remains a reliable cash cow](, by[Ron](. - Big, clean stacks of money:[Clean energy investments may close 2022 hitting new heights, setting stage for lofty 2023](, by[Tim](. - Tearing down the Card Blanch: [Pitch Deck Teardown: Card Blanch’s $460K deck for its angel round](, by[Haje](. [TechCrunch+]( is our membership program that helps founders and startup teams get ahead of the pack.[You can sign up here](. Use code “DC” for a 15% discount on an annual subscription! [Read More]( [Holiday shipping is easier this year, but the tech is still lagging image] Image Credits: Yuichiro Chino / Getty Images Big Tech Inc. We enjoyed [Ingrid](’s in-depth look at how decentralized social media player [Mastodon is scaling]( as Twitter users decamp to search for other ways to post everything they are thinking. TechCrunch+ subscribers — if you’re not one, you can be easily — can also read her [Q&A with Mastodon creator Eugen Rochko](. If you are a LastPass user like many of us here at TechCrunch, you might want to check your email if you haven’t already. [LastPass says hackers stole some customers’ password vaults](.[Zack]( says it’s time to change your passwords. Google isn’t taking India’s latest fine lying down. [Manish]( reports the search engine giant is appealing the hundreds of millions of dollars in fines ordered against it [over business practices on Android](. And we have four more for you: - Can there be a fair election in social media land?: [Annie]( writes that “botched content moderation” during Kenya’s elections last year leaves other countries with questions about what social media companies, like Facebook, Twitter and TikTok, will do [to uphold election integrity in Africa]( as their elections happen. - Persistence or annoyance?: @ElonJet creator Jack Sweeney has a new Twitter handle now, still following Elon Musk’s jet, [but now delayed](, writes [Connie](. Meanwhile, if you’re Twitter Blue, you [can now upload 60-minute videos](, [Ivan]( reports. Not sure any of us will stay long enough to watch one, so good luck with those new view counts. - Separated:[India’s e-commerce giant Flipkart no longer owns a stake in PhonePe](, [Manish]( writes. - This move has Tesla investors shaking their heads: [Tesla’s $7,500 discount feels desperate and is “giving investors the ick,”]( writes[Rebecca](, causing one to cut its price target for the automaker. [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Information Security Officer at Los Angeles County Employees Retirement Association (Pasadena, CA, USA)]( - [Chief, Information Technology at Los Angeles County Employees Retirement Association (Pasadena, CA, USA)]( - [IT Support Specialist at Human Rights Watch (New York, NY, USA)]( - [OpenDP Open-Source Community Manager at Harvard University John A. Pauslon School of Engineering and Applied Sciences (Allston, MA 02134, USA)]( - [Salesforce Administrator at Second Front Systems (Wilmington, DE 19806, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2022 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103