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moves money TNW October 21, 2026

Meta to pay $25B in New Mexico case over misleading Facebook users

Meta to pay $25B in New Mexico case over misleading Facebook users
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A New Mexico judge has ordered Meta to pay a $25B civil penalty for misleading Facebook users about privacy and hate speech, Bloomberg reported. A jury found more than 43 million violations of state law in September. The state wanted up to $40B, and Meta plans to appeal.

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