| Meta ordered to pay $25B penalty in New Mexico Cambridge Analytica case(cnbc.com) | |
| 682 points by cbg0 4 days ago | 416 comments | |
tl;dr: A New Mexico judge ordered Meta to pay $25 billion in penalties stemming from the state's Cambridge Analytica-related data privacy lawsuit, after a jury found over 43 million violations of the state's unfair practices act. The fine was reduced from a potential $219.5 billion, with 15% annual interest accruing until paid. Meta plans to appeal, with its chief legal officer arguing the ruling makes it "all but impossible to do business" in New Mexico. | |
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