Meta fined $25B in New Mexico privacy case, plans capital revision to fund AI
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A New Mexico state court has ordered Meta to pay a $25 billion fine, the largest ever for a technology company, after finding the Facebook owner guilty of misleading users on privacy and failing to curb hate speech. The ruling, which references the Cambridge Analytica scandal and Trump campaign ties, marks a significant legal escalation against Big Tech. The fine's enforceability and potential appeal remain uncertain, but it signals heightened judicial scrutiny of platform accountability.
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