A New Mexico judge hit Meta with a record-breaking $25 billion penalty on Wednesday, stemming from a lawsuit over the Cambridge Analytica debacle.
Meta CEO Mark Zuckerberg
The ruling follows September's guilty finding after a two-week trial. Ultimately, the court ruled that Meta was responsible for 43 million violations of New Mexico's consumer privacy laws.
Each charge carried a penalty of up to $5000, leading to the record-breaking sum. Judge Francis J. Mathew of the Santa Fe State District Court made the ruling.
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Source: AppleInsider · Summarized by HeadlinesBriefing