New Mexico Judge Orders Meta to Pay $25 Billion Over Data Privacy Violations
A New Mexico judge has ordered Meta to pay $25 billion to resolve claims that the company misled users regarding data protection and misinformation, stemming from the 2018 Cambridge Analytica scandal. This ruling significantly exceeds the $17 billion settlement previously reached with a group of U.S. state attorneys general earlier this summer. The massive judgment has sparked debate over whether other states settled for too little in their respective agreements. While Meta's legal team has expressed confidence in winning an appeal, labeling the lawsuit an attempt to tax speech, the ruling may embolden other plaintiffs—including school districts and tribes—to pursue aggressive litigation rather than settling for smaller amounts.
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Topics: Cambridge Analytica Data privacy Meta lawsuit State settlements Tech regulation
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Part of the story New Mexico Judge Orders Meta to Pay $25 Billion Over Data Privacy Violations (6 articles)