Meta Ordered to Pay 25 Billion
A judge ordered Meta to pay twenty-five billion dollars following a jury verdict finding the company misled consumers about data privacy. Meta plans to appeal.
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META PLATFORMS INC-CLASS A was ordered on Wednesday to pay $25 billion to New Mexico after a jury found the company misled consumers about data privacy. The penalty follows a high-profile case involving Cambridge Analytica's harvesting of user data during the 2016 United States presidential campaign. It ranks among the largest single state verdicts against a corporate entity in the nation's history.
