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28.09.26 - 21:09
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Meta Could Face Billions In Penalties After New Mexico Facebook Verdict (ZeroHedge)
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Meta Could Face Billions In Penalties After New Mexico Facebook Verdict
A New Mexico jury has found Facebook liable for tens of millions of violations of the state's consumer protection law, potentially exposing the social media platform to billions of dollars in fines.
A Santa Fe jury on Friday found Facebook committed over 43.8 million violations of New Mexico's Unfair Practices Act through false or misleading statements to consumers, according to the state Department of Justice.
"The verdict marks a significant victory for New Mexico consumers and holds one of the world's largest technology companies accountable for its conduct," the department said.
The verdict followed a roughly two-week trial stemming from a lawsuit New Mexico filed in 2021 over Facebook's handling of user data and statements it made to consumers.
As Bill Pan reports further for The Epoch Times, the case traces back to the Cambridge Analytica scandal, in which the now-defunct British political consulting f...
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07.08.26 - 17:00
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Meta Ordered To Pay $567 Million In New Mexico For Children′s Mental Health Fund (ZeroHedge)
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Meta Ordered To Pay $567 Million In New Mexico For Children's Mental Health Fund
A New Mexico state judge on Aug. 6 ordered Meta to pay $567 million into a fund dedicated to remedying the harm caused to children's mental health by the company's social media platforms.
Meta is the parent company of Facebook, Instagram, and WhatsApp.
State judge Bryan Biedscheid said in a 68-page order that most of the total youth mental health fund, or $420 million, would go toward treatment services for children harmed by social media.
The remainder of the fund would be directed toward awareness and prevention, screening and assessment, referrals and coordination, and implementation, according to the order.
“The Court finds that the weight of the evidence presented demonstrates that Meta's platforms are a cause of and substantial contributing factor to the youth mental health crisis in New Mexico,” the judge wrote.
Furthermore, as Aldgra Fredly reports for The Epoch Times, in his ruling, Biedscheid ord...
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07.08.26 - 08:24
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New Mexico court orders Meta to pay $567m over harms to children′s mental health (The Guardian)
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Ruling comes as part of second phase of landmark trial that found social media company enabled harm against usersA New Mexico court has ordered Meta, the parent company of Facebook, to pay $567m into a fund aimed at redressing adverse mental health impacts from the social media giant's platforms.The Thursday ruling comes as a part of the second phase of a landmark trial the social media giant lost in March. At the time, a jury found that the company knowingly harmed children's mental health and concealed what it knew about child sexual exploitation on its platforms, and imposed the maximum penalty: a $375m fine. Continue reading......
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