October 21, 2026StocksPolitics·Bearish·legal
New Mexico judge orders Meta to pay $25B in Cambridge Analytica privacy penalties after jury verdict; Meta to appeal
A New Mexico judge ruled that Meta must pay $25 billion in penalties after a jury found the company misled consumers about privacy in the Cambridge Analytica scandal, one of the largest penalties ever levied against the tech giant. The state had sought up to $40 billion. Meta plans to appeal, with interest accruing during the appeal; the state's attorney general said the ruling sends a message to other tech companies.
Detected & updated continuously · Source: Nebula
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