In TrendsStock MarketStocks to WatchLPG PriceflydubaiNifty OutlookGold and Silver Prices TodayOil PricesNew Mexico wants Meta to pay up to $40 billion in penalties after data privacy trialNew Mexico seeks $35B-$40B from Meta after a jury found the company misled consumers about Facebook data privacy in the Cambridge Analytica scandal.By Reuters October 2, 2026, 1:22:17 PM IST (Published)The state of New Mexico asked a judge on Thursday to order Meta Platforms to pay between $35 billion and $40 billion in penalties after a jury found the company had misled consumers about the privacy of their data on Facebook in a case that came out of the Cambridge Analytica scandal.Attorneys for New Mexico made the request at a hearing in a lawsuit brought following revelations that the British political consulting firm, which worked on Donald Trump’s 2016 presidential campaign, harvested personal data from as many as 87 million Facebook users through a third-party app without their consent.The jury returned its verdict on September 25. Judge Francis Mathew, who oversaw the trial in Santa Fe, will decide how much Meta must pay in financial penalties.Attorneys for Meta and New Mexico clashed at the hearing over how much was appropriate to order, with Meta…
Original source: https://www.cnbctv18.com/technology/
