New Mexico fines Meta $25B for privacy

A court in New Mexico has issued a verdict ordering Meta to pay a fine of 25 billion dollars for violating consumer protection laws. This decision comes in the context of the "Cambridge Analytica" scandal, which involved exploiting the data of over 43 million Facebook users to influence the 2016 U.S. presidential election. It is the largest such ruling against a tech company in the state's history and aims to send a message to companies that New Mexico will continue to hold them accountable for violations. The fine will be redirected to fund the construction of schools for future generations. Although 48 other states reached settlements with Facebook, New Mexico chose to sue the company alone.

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