Meta ordered to pay record $25B fine in Cambridge Analytica scandal

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“Today's judgment should be a clear warning to everyone in big tech, Mr. Zuckerberg, Meta, social media companies, AI companies” A judge on Wednesday ordered Meta to pay New Mexico $25 billion after a jury found the company liable for deceiving users about privacy, in what marks the largest fine ever against the owner of Facebook. Jurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a British political consulting firm, Cambridge Analytica, harvested Facebook user data to generate targeted political ads for the 2016 election. Meta argued the state failed to prove misleading statements about privacy and that content moderation actually harmed New Mexicans. New Mexico was the only US state to pursue a trial around the Cambridge Analytica scandal after 48 other states signed a settlement for $18 billion in August. com/whatsapp Teleg…

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