A New Mexico judge has ordered Meta Platforms to pay $25 billion after a jury found it misled consumers about data privacy.The case stems from the Cambridge Analytica scandal, involving the alleged misuse of millions of Facebook users’ data for political targeting. Meta plans to appeal, while New Mexico officials called the ruling a warning to Big Tech. Analysts expect a lengthy legal battle, with limited impact on Meta’s valuation.
Filed in 2021, the lawsuit accused Meta of misleading users about data access and mishandling hate speech and misinformation. Cambridge Analytica reportedly harvested data from as many as 87 million Facebook users through a third-party app.
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