A judge on Wednesday ordered Meta to pay New Mexico $25 billion after a jury found the company liable for deceiving users about privacy and content moderation policies on Facebook.
Judge Francis Mathew handed down the amount, which state Attorney General Raúl Torrez described as "one of the largest, if not the single largest state verdict against a company in American history.”
Torrez said the verdict should be a warning for tech companies and that New Mexico would continue to hold them accountable.
Ordered to pay 219 billion, which was immediately reduced to 25 billion
Which means they just fucked the people out of $194,000,000,000
The 25 will likely be lowered further on appeal.
And most of it will go to the lawyers
Nah, there’s no accounting tricks in the world that can bill a billion dollars in flat fees for a case.
What will eat it is splitting it between everyone with a Facebook account.