Meta ordered to pay New Mexico $25 billion over Cambridge Analytica breach
Americas2 sources2 countries🔦 Under-reported59m ago
A New Mexico judge has ordered Meta to pay $25 billion following a jury verdict that found the company deceived users in connection with the Cambridge Analytica scandal. The ruling mandates the payment as a penalty for the company's actions regarding user data privacy and platform transparency.
This judgment follows a previous $18 billion settlement reached between Meta and 48 other states concerning similar allegations of deceptive practices. In response to the New Mexico court's decision, Meta has publicly characterized the financial penalty as a tax on speech.
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France 24Highlights Meta's defensive characterization of the penalty as speech restriction