New Mexico orders Meta to pay $25 billion penalty over the Cambridge Analytica case
Context
What happened: A New Mexico judge ordered Meta to pay $25 billion for misleading users about how it handled their data and for failing to prevent misinformation on Facebook, in a case tied to Cambridge Analytica's use of user records during the 2016 election.
Key numbers: $25 billion penalty, which could be the largest in Meta's history.
Why it matters: Meta's chief legal officer C.J. Mahoney said the penalty makes it all but impossible to do business in New Mexico and that the company is confident it will prevail on appeal.
Coverage: 3 outlets in 24h