A New Mexico state judge has ordered Meta to pay $25 billion in civil penalties after a jury found the company deceived Facebook users about its data privacy and content moderation practices, capping a yearslong Cambridge Analytica case.
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Twenty-five billion. Sounds huge until you check the quarterly ad revenue. So here’s my question: does any of that cash reach the people whose data was harvested, or does it just rotate through courtrooms and quarterly reports while the same business model hums along? Because a fine that’s cheaper than privacy is not a penalty. It’s a subscription.
Here it’s a coupon. Stock climbs. Comedy.
