The Cambridge Analytica data scandal continues to have significant financial repercussions for Meta. On Wednesday, a judge mandated that the social media giant pay $25 billion to the state of New Mexico due to its deceptive data privacy practices affecting resident users, as reported by The New York Times.
Background of the Case
This substantial payout follows a two-week trial where a jury in New Mexico deliberated on Meta's alleged violations. The jury concluded that the company had committed 43 million violations of the state's consumer protection laws, with each violation carrying a $5,000 penalty.
The case primarily focused on Meta's management of a third-party app associated with the Cambridge Analytica data breach. Additionally, it examined the company's data privacy policies and its attempts to combat misinformation on its platform.
