From The Straits Times · · 1m 30s
Meta Ordered to Pay $25b Penalty for Data Privacy Misleading
New Mexico judge orders Meta to pay historic $25 billion after jury finds company misled users on data privacy.
In brief
New Mexico judge orders Meta to pay historic $25 billion after jury finds company misled users on data privacy. New Mexico judge ordered Meta to pay $25 billion for misleading consumers about data privacy linked to Cambridge Analytica. Originally reported by The Straits Times.
New Mexico Judge Orders Meta
New Mexico judge ordered Meta to pay US$25 billion after jury found company misled consumers about data privacy.
Historic Penalty for Data Misleading
The penalty is the largest levied against Meta since the Cambridge Analytica scandal.
Jury Finds Misleading Statements
Jurors found 26 of 29 statements by Meta misleading and over 43 million violations of New Mexico consumer laws.
Meta Calls It a Tax on Speech
Meta's chief legal officer called the ruling a 'tax on speech' and said it will appeal the decision.
New Mexico Attorney General
New Mexico Attorney-General Raul Torrez called the penalty one of the largest financial penalties against a corporation in US history.
Previous Penalties for Data
Meta previously faced a US$5 billion penalty from the US Federal Trade Commission in 2019 over Cambridge Analytica.
State Lawsuit Details
New Mexico sued Meta after Cambridge Analytica harvested data from 87 million Facebook users without consent.
Court Ruling on Penalties
Judge Francis Mathew reduced penalty from US$219 billion to US$25 billion based on state law.
Expected Appeal Fight
Experts expect a long legal battle as Meta appeals the ruling and the money goes to New Mexico schools.
The headline
New Mexico judge ordered Meta to pay $25 billion for misleading consumers about data privacy linked to Cambridge Analytica.
