New Mexico court orders Meta to pay $25 billion for privacy deception
Summary
Meta Platforms reported better-than-expected third-quarter financial results and issued strong guidance, but was ordered to pay New Mexico $25 billion in a data-privacy case related to the Cambridge Analytica scandal.
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- The Morning Risk Report: Meta Ordered to Pay $25 Billion to New Mexico in Data-Privacy Case
- Meta ordered to pay New Mexico $25 billion for deceiving users about privacy on Facebook - AP News
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