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A New Mexico jury found Meta misled consumers about how it handled Facebook user data, and a judge ordered the company to pay $25 billion to the state. The case stemmed from the Cambridge Analytica scandal and covered conduct from 2010 to 2021. The jury found more than 40 million violations of state consumer protection law, affecting roughly 2 million New Mexicans. Meta said it will appeal, calling the penalty an impossible business burden and a tax on speech.

5 reports · 3 sources · Updated Oct 21, 08:32 PM UTC

The Supreme Court heard oral arguments Wednesday in Salazar v. Paramount Global, testing whether the 1988 Video Privacy Protection Act covers Paramount's sharing of 247Sports.com viewer data with Meta for targeted advertising. Michael Salazar sued after the site used tracking pixels to send his information to Facebook. Lower courts ruled he was not a "consumer" under the statute. Justices weighed the law's original scope against modern data practices, with a decision expected by June.

6 reports · 2 sources · Updated Oct 16, 10:00 AM UTC

Aaron Sorkin's 'The Social Reckoning,' a follow-up to 'The Social Network,' dramatizes Facebook whistleblower Frances Haugen and Wall Street Journal reporter Jeff Horwitz exposing the platform's algorithm-driven harms. Starring Mikey Madison and Jeremy Allen White, with Jeremy Strong as Mark Zuckerberg, the film drew mixed-to-negative reviews. Some outlets praised it as a sharp whistleblower thriller, while others called it belated, overly earnest, and missing director David Fincher. Sorkin and Haugen promoted the film with calls for Facebook reform.

16 reports · 3 sources · Updated Oct 9, 04:50 PM UTC

A New Mexico jury found Meta Platforms liable for misleading the public about its data privacy and content moderation policies in connection with the Cambridge Analytica scandal. The verdict covers most of 34 statements, with each violation occurring between 1.3 million and 2.1 million times. New Mexico Attorney General Raúl Torrez announced he will seek up to $219 billion in penalties. Judge Francis Mathew will determine the final fine, up to $5,000 per violation. Meta plans to appeal, citing First Amendment rights.

6 reports · 5 sources · Updated Sep 25, 09:25 PM UTC

Meta Platforms (META.O) officially launched its Meta One subscription service globally on Tuesday, offering tiered pricing from $2.99 per month for individual product packages to $14.99 for creator and business bundles. The service provides enhanced AI features across Instagram, Facebook, and WhatsApp, including extended story durations, exclusive stickers, and increased AI usage limits. The move aims to monetize Meta’s massive AI spending and diversify revenue amid a 13% stock decline over the past year.

5 reports · 4 sources · Updated Sep 15, 03:57 PM UTC