- A judge ordered Meta to pay $25 billion to New Mexico after a jury found the tech giant liable for over 43 million violations of state consumer protection laws.
- The lawsuit stemmed from the harvesting of Facebook user data by Cambridge Analytica to create targeted political ads for Donald Trump 's 2016 presidential campaign.
- New Mexico was the sole state to pursue a trial against Meta over the Cambridge Analytica scandal after 48 other states agreed to an $18 billion settlement.
- New Mexico Attorney General Raúl Torrez stated that all awarded funds will go directly into a state fund dedicated to public education.
- Meta announced plans to appeal the verdict, contending that the penalty is unconstitutional and that New Mexico failed to demonstrate direct harm to platform users.
IN FULL