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

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Today we’re celebrating a bit of control over an industry that’s been allowed to keep the unlucky in check for so long—Davin reports that the FCC is taking a firmer hand in overseeing the prison phone system with a simple bill that gives the regulator. Authority to “Ensure Fair and Reasonable Charges for Telephone and Advanced Communication Services in Correctional and Detention Facilities.”

In other exciting news, The Daily Crunch will be back next week in a slightly reduced format as Christine and Haje will be gone for the holidays. The full newsletter will be back soon, and we wish you both a Merry Christmas, a very peaceful, if not already, and an exceptionally prosperous 2023. mighty love, Christine And came

TechCrunch’s Top 4

• Meta calms down.: Backing away from years of litigation, Meta has reached a $725 million settlement to settle a class-action lawsuit over Cambridge Analytica’s data collection from Facebook users. Paul It has more.
• Breathe in that fresh airSmart air purifier Mila, which came from humble beginnings on Kickstarter, has raised $10 million led by Electrolux. That gives it a $52 million valuation and some smarts to add to a new product — a humidifier, came He wrote.
• Charge itTesla seems to have #won where Apple can’t. The automaker unveiled a $300 charging mat that can charge three devices at once. Matt Reports.
• The results are in.: Dominic Madori He surveyed three black investors about what they are preparing for in 2023. Read the full issue on TechCrunch+.

Holiday shipping is easy this year, but technology is still lagging behind

According to Flexport CEO Ryan Peterson, global supply lines are in better shape than they were last year.

“This year’s shipping improvements mainly reflect consumption delays rather than any improvements in infrastructure,” the minister said, noting that labor shortages, international instability and rising oil prices have created ongoing bottlenecks.

Fortunately, today’s data is abundant, and we have the tools to use it in ways that increase efficiency.

Three more from the TC+ team:

TechCrunch+ Our membership program helps founders and startup teams stay ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!

Big Tech Inc.

We enjoyed it. IngridTake a closer look at how decentralized social media player Mastodon is growing as Twitter users try to find another way to post whatever they’re thinking. TechCrunch+ subscribers — if you’re not, you easily can be — can also read her Q&A with Mastodon creator Eugene Rochko.

If you’re a LastPass user like many of us here at TechCrunch, you might want to verify your email if you haven’t already. LastPass says hackers have stolen some customers’ password vaults. Zach It says it’s time to change your passwords.

Google isn’t taking India’s latest fake fines lightly. Manish The search engine giant has reportedly appealed a multimillion-dollar fine imposed on Android for commercial practices.

And we have four more for you:

• Can there be a fair election in the land of social media?: Annie During last year’s Kenyan elections, he wrote, “corrupt content moderation” led social media companies such as Facebook, Twitter and TikTok to ask other countries what they could do to ensure the integrity of African elections during their elections.
• Persistence or Frustration?@ElonJet creator Jack Sweeney has a new Twitter handle following Elon Musk’s jet, but it’s late, he writes. Connie. Meanwhile, if you’re Twitter Blue, you can now upload 60-minute videos. Ivan Reports. Not sure any of us will be around long enough to see one, so good luck with your new viewing count.
• They are separated.Indian e-commerce giant Flipkart no longer has a stake in PhonePe Manish He wrote.
• The move has Tesla investors shaking their heads.He wrote that Tesla’s $7,500 discount is disappointing and “is giving investors a big opportunity.” RebeccaSomeone lowered the price target for the automaker.