Cambridge Analytica's fallout is still costing Meta, this time $25 billion in New Mexico
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No Big Enough: A few weeks after a jury found Facebook liable in the Cambridge Analytica case, a judge in Santa Fe imposed an unprecedented fine on its parent company. Meta will, of course, appeal, while New Mexico's attorney general insists that no Big Tech company is too powerful to be held accountable.
Santa Fe District Court Judge Francis J. Mathew recently imposed a $25 billion fine on Meta, Facebook's parent company. The ruling follows a jury verdict in September that found the social network had deprived New Mexico residents of their privacy and their right to know how major technology companies use their personal data.
According to New Mexico Attorney General Raúl Torrez, the massive $25 billion civil penalty represents a "historic financial victory" for the state. New Mexico's authorities...
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