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Meta hit with $25B fine in New Mexico

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Meta hit with $25B fine in New Mexico

The 2018 Cambridge Analytica scandal was one of the largest user data breaches in history and its repercussions for Meta are still felt to this day. Following a two-week trial, a jury in the State District Court in Santa Fe ruled that Meta had committed 43 million violations of New Mexico’s consumer protection laws. Each violation was assessed to carry up to $5,000 in penalty charges, leading to the $25 billion fine that Meta is now ordered to pay the state of New Mexico. This is the largest fine against the company to date. To put that number into perspective, Meta made an estimated $42.6...



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