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Meta ordered to pay $25bn in New Mexico data privacy case
A judge ordered Meta to pay $25 billion after a New Mexico jury found it misled consumers about data privacy in a case tied to the Cambridge Analytica scandal. It is the largest penalty against the company to date, exceeding an $18 billion deal with California.
Why it matters
The penalty is among the largest ever imposed on a tech company over user data.
Background
Cambridge Analytica harvested data from millions of Facebook users, revealed in 2018. US states have since pursued privacy claims against Meta.
Sources
- BBC News ↗Oct 21, 2:40 PM ET
- CNBC ↗Oct 21, 2:52 PM ET
- CBC News ↗Oct 21, 2:51 PM ET
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