AssetID: 56072654
Headline: UNCAPTIONED: New Mexico Seeks Up to $40 Billion From Meta After Privacy Trial
Caption: New Mexico Seeks Up to $40 Billion From Meta After Privacy Trial. The request follows a jury finding that Meta misled consumers about Facebook data privacy practices overall. The case stems from the Cambridge Analytica scandal involving unauthorized harvesting of millions of users' data. Jurors found 26 of 29 Meta statements misleading, amounting to more than 43 million violations statewide. State law allows penalties up to $5,000 per violation, though officials seek a lower total overall. New Mexico argues a $35 billion to $40 billion penalty would meaningfully affect Meta financially overall. Meta called the proposed amount unconstitutional and urged the judge to cap penalties at $3.45 billion. The judge said he expects to issue a ruling later this month on the final penalty. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,New Mexico,Meta,$40 billion penalty,Facebook,data privacy,Cambridge Analytica,consumer privacy,user data,43 million violations,$5,000 per violation,$35 billion,$3.45 billion cap,privacy trial
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