Facebook has agreed to pay a £500,000 (pounds) fine imposed by the United Kingdom's data protection watchdog for its role in the Cambridge Analytica scandal.

It had originally appealed the penalty, causing the Information Commissioner's Office to pursue its own counter-appeal.

As part of the agreement, Facebook has made no admission of liability.

The US firm said it "wished it had done more to investigate Cambridge Analytica" earlier.

[Source:BBC]