Meta Ordered to Pay $25 Billion Penalty in New Mexico Over Cambridge Analytica Scandal
- Reports
- 8
- Developments
- 2
- Repetition
- 75%
New informationRepeats or wire copies
What happened
A New Mexico judge ordered Meta to pay $25 billion in civil penalties after finding the company deceived users about how their personal information was collected and shared. This ruling stems from the Cambridge Analytica scandal, which involved the harvesting of personal information from as many as 87 million Facebook users without consent. The judge reduced the potential penalty, which exceeded $219 billion under state law, to $25 billion.
From caribbeanherald.com
Why it matters
The ruling represents one of the largest financial penalties ever imposed on an American corporation. This penalty is related to the same privacy claims that led Meta to settle with 47 different states, where the company previously agreed to pay $17.1 billion and $459 million regarding user data provided to Cambridge Analytica.
Who's involved
- MetaThe American technology company ordered to pay the civil penalty.
- New MexicoThe state of the United States of America that issued the ruling.
- AnalyticaThe British political consulting firm whose data harvesting led to the scandal.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MetaSpeculative
Meta could face increased operational costs due to the massive regulatory fine.
How it developed
Newest first. Tap a step to see who reported it.The scandal connections were expanded to include Palantir Technologies.1 source
Meta receives a $25B penalty in New Mexico linked to the Cambridge Analytica case.1 source
Keep exploring
The entities involved
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Meta
American technology company
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New Mexico
state of the United States of America
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Analytica
consulting and information technology firm
Nothing else this week.
Related events
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Coverage
Newest first; wire copies grouped- eastbaytimes.com
- santafenewmexican.com
- caribbeanherald.com
- ksevradio.com
- jezebel.com
- hindustantimes.com