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Live News REGULATION ARTICLE H impact

Meta Ordered to Pay $25 Billion Fine Over Facebook Data Practices

A New Mexico judge ordered Meta Platforms to pay $25 billion after finding the company misled the public about Facebook’s handling and sharing of user data. The penalty followed a two-week trial.

META

WASHINGTON (dpa-AFX) - Meta Platforms Inc. (META) was ordered to pay 25 billion after a New Mexico judge concluded that the company had misled the public for years about Facebook’s handling and sharing of user data. Judge Francis Mathew set the penalty after a two-week trial in which a jury…