New Mexico Seeks 40 Billion From Meta
New Mexico asked a judge to order Meta Platforms to pay up to 40 billion dollars in penalties. A jury previously found the company misled users regarding data privacy.
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Meta Platforms faces up to $40 billion in penalties after New Mexico argued on Thursday for massive fines following a consumer privacy trial. The state's demand represents 20% of the maximum statutory penalties stemming from a Cambridge Analytica-related verdict. The outcome could set a costly precedent for big tech accountability across the United States.
