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Meta Ordered to Pay $25 Billion Fine for Misleading Users on Data Privacy

Rahul VermaSource: thehindu.com
Updated 4d ago
Meta Ordered to Pay $25 Billion Fine for Misleading Users on Data Privacy
Meta Ordered to Pay $25 Billion Fine for Misleading Users on Data PrivacySource: thehindu.com
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A New Mexico jury found Meta liable for misleading users on data privacy, ordering the company to pay $25 billion in penalties. The fine is one of the largest imposed on a corporation in US history, stemming from the Cambridge Analytica scandal and Meta's "friend sharing" feature, which allowed third-party developers to access user data without consent. The ruling also sets an annual interest rate of 15% on the penalty.

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