Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia's privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal.

The stench of Cambridge Analytica is still hovering over Facebook, as parent Meta just agreed to pay 311,000 Australian users AUD $50 million ($31.7 million) over the scandal. The settlement with the Office of the Australian Information Commissioner (OAIC) comes after a four-year dispute with Meta and follows a $725 million award in the US,

Several hundred thousand Australian users who potentially had their data harvested by way of the Cambridge Analytica scandal could now be compensated following a $50 million settlement reached between the Office of the Australian Commissioner (OAIC) and Meta.