Meta to pay a $25 billion penalty, the largest it has faced for its conduct

Meta will pay a $25 billion civil penalty to the U.S. state of New Mexico for violations of its Unfair Practices Act, the state announced on October 21. The penalty is the largest Meta has faced over its conduct. Judge Francis Mathew reduced the originally expected amount of over $219 billion to $25 billion, while noting an extraordinary number of willful violations.

Source: The Hindu Tech ↗