EQUIPEngadget · 9h ago
New Mexico wants Meta to pay $40 billion in penalties for Cambridge Analytica scandal
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New Mexico is seeking $40 billion in penalties from Meta over the Cambridge Analytica data privacy scandal. The state argues that significant financial sanctions are necessary to impact the social media giant’s corporate behavior.
- 01New Mexico legal counsel is pursuing maximum statutory penalties for consumer privacy violations
- 02The proposed $40 billion figure aims to provide a meaningful deterrent against future data breaches
- 03Litigation centers on Meta's liability regarding the historic Cambridge Analytica data sharing incident
- 04The outcome could set a new precedent for state-level financial recovery in technology privacy cases
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New Mexico's attorney argued that the penalties Meta has to pay need to be significant enough to make an impact on the company.