Meta shocked by $25B fine after N.M. refused to join multistate settlement
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[Topic] Meta shocked by $25B fine after N.M. refused to join multistate settlement [Type] Internet Industry News [Key points] 1. Meta will appeal a ruling imposing the largest fine Mark Zuckerberg has ever seen. [Industries] Internet [Source] Ars Technica (auto-collected by AiEmy Cloud / AiEmy Cloud StAck)
Meta will appeal a ruling imposing the largest fine Mark Zuckerberg has ever seen.
Meta must pay $25 billion to New Mexico after a jury found the tech giant guilty of nearly 44 million violations of state consumer protection laws.
The largest fine to ever hit Meta came after New Mexico Attorney General Raúl Torrez declined to join an $18 billion settlement Meta reached earlier this year with attorneys general in nearly all states.
In his opinion Wednesday, US district court judge Francis J. Mathew said there was no “bright line rule” for determining the appropriate penalty for Meta's repeated and willful deception of users since 2010 about their “control of data, third-party data misuse, misinformation, hate speech, and equal enforcement.”
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