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Instagram and Facebook parent company Meta has been hit with the biggest fine in its history, ordered to pay more than $35 billion over lies about users' privacy.

Head of Compliance at FairMoney Microfinance Bank, James Edeh, has called on industry operators to prioritise responsible lending, customer data privacy and transparent operations to build sustainable consumer trust in digital banking. Edeh noted that although rapid digital innovation had broadened access to financial services, it must be supported by strong

A judge in New Mexico has ordered Meta to pay $25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal.

A judge in New Mexico has ordered Meta to pay $25 billion in civil penalties for deceiving users about privacy on Facebook. The ruling Wednesday by state District Court Judge Francis J. Mathew came in the state’s landmark Cambridge Analytica case against Facebook for violations of New Mexico’s Unfair Practices Act. It is the largest […]

A judge orders Meta to pay New Mexico $US25 billion after a jury found the company liable for deceiving users about privacy on Facebook.

The ruling came in a case stemming from allegations that Cambridge Analytica obtained data from millions of Facebook users without their consent.

A jury found Meta guilty of lying to Facebook users in ⁠⁠⁠⁠⁠⁠⁠⁠New Mexico about access to their data.

The case stemmed from the nearly decade-old Cambridge Analytica scandal.

New Mexico Attorney General Raúl Torrez said it was one of the largest, if not the largest, single state verdict against the company in American history.

The verdict should be seen as a warning for tech companies that New Mexico will hold them accountable, state Attorney General Raúl Torrez said at a news conference.

A New Mexico state judge on Wednesday ordered Meta to pay $25 billion after a jury found the company liable last month for deceiving users about Facebook‘s data privacy and content moderation policies. The judgment by state judge Francis Mathew capped a yearslong legal case waged by the state, which first sued the state in […]

A jury found that the social media company had deceived consumers for years about its data privacy policies.

Internetreus Meta moet van een rechter in New Mexico 25 miljard dollar (ruim 22 miljard euro) boete betalen in de zaak rond het privacyschandaal met Cambridge Analytica. De rechter wrijft het moederbedrijf van Facebook het misleiden van gebruikers van de sociaalnetwerksite met betrekking tot hun privacy aan.

A judge has ordered Meta to pay New Mexico $25 billion after a jury found the company liable for deceiving users about privacy and content moderation on Facebook

The fine is the largest to date against Facebook's owner, larger than an $18bn deal with California.

The penalty, one of the largest levied against a tech giant, stemmed from a lawsuit by New Mexico claiming the social media company had misled users about their data privacy.