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Judge orders Meta to pay $25 billion for violating New Mexico law in the Cambridge Analytica data breach

Americas 10 sources 3 countries 35m ago

A New Mexico judge ordered Meta to pay $25 billion in penalties Wednesday after a jury found in September that the social media giant misled users about their data privacy.Why it matters: The penalties come nearly a decade after the Cambridge Analytica scandal first broke and signal that Big Tech can face significant financial consequences for misleading users about their privacy.Driving the news: Judge Francis Mathew determined the penalty amount Wednesday, handing New Mexico a win as the only state that chose not to settle its claims as part of a nationwide legal battle.Meta did not immediately respond to Axios' request for comment. The company has previously said it expects to appeal the decision.Catch up quick: The suit followed reporting that revealed data firm Cambridge Analytica had harvested data from more than 50 million Facebook users to craft political ads during the 2016 election.This is a breaking news story and will be updated. Meta Platforms was ordered to pay a groundbreaking US$25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal.

The fine issued by state court Judge Francis Mathew is among the largest verdicts issued in US legal history. The award comes after a jury in Santa Fe determined that Meta had violated the state’s consumer protection over 43 million times based on widely viewed deceptive statements made by the company and its top... New Mexico Attorney General Raúl Torrez (D) announced the judge's order Wednesday, calling it "one of the single largest, if not the largest, single state verdict against the company in American history."

A New Mexico state judge on Wednesday ordered Meta to pay $25 billion after a jury found the company liable last month for deceiving users about Facebook‘s data privacy and content moderation policies. The judgment by state judge Francis Mathew capped a yearslong legal case waged by the state, which first sued the state in […] A judge in New Mexico ordered the technology giant Meta to pay $25 billion after a jury found the company liable for misleading users about its privacy and content policies.

A judge on Wednesday ordered Meta to pay New Mexico $25 billion after a jury found the company liable for deceiving users about privacy and content moderation policies.

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