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Meta ordered to pay $25B penalty in New Mexico Cambridge Analytica casecnbc.com
699pts/399 comments/5d/─
by cbg0 / hn> / « feed
▲▼ google23412318:14 hn>

We need tort reform in the US. These nuclear verdicts are causing insurance prices to go up. I forget the statistics, but I'm pretty sure every American citizen is paying a $500 to multi-thousand dollar tax because of giant lawsuits like this. Nowhere else in the world has this problem. Lawyers have too much power with politicians.

▲▼ taude18:27 hn>

That's because 47% of the Senate are attorneys/former practicing attorneys. Need more ex-Scientists in office. :)

▲▼ freejazz19:32 hn>

No one is stopping them. There's no requirement that you be a lawyer. And lol, what a crazy idea... a lawmaker studying lawyering?! What a scam!

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▲▼ KZerda18:27 hn>

Or Meta could not break the law. It's just that easy.

▲▼ mingus8818:32 hn>

I support the death penalty for corporations.

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▲▼ newsclues18:33 hn>

But tort law makes it easy and profitable for them to do so.

Change the law, it just that easy.

▲▼ JohnMakin18:29 hn>

Yea, that's the problem here, not the (illegal) wanton abuse and manipulation of user data and privacy by Meta and other companies.

Original reward was 200+ billion, lawyered down to 25, on appeal I imagine much less. Cost of doing business for Meta and nothing changes. In cases like this, it should cost the company serious financial harm. Even $25 billion is nothing to Meta.

▲▼ newsclues18:32 hn>

If Meta is able to insure themselves from the cost of their illegal business practices that, so they have no incentive not to do this, and end up costing everyone money on their insurance... yes that is a problem, not to say what meta is being punished for isn't a problem.

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▲▼ nfw208:12 hn>

$25 billion is not nothing to Meta or to anybody

▲▼ kube-system18:34 hn>

Other countries don't have this problem because they enable and expect regulators to proactively enforce compliance. In the US this is largely considered anti-business, so we let companies do whatever they want and don't take action until after they do something wrong.

And breaking the law usually doesn't result in a hit to next quarter's earnings, so this is what we optimize for: kicking the can down the road until it becomes a bigger problem.

▲▼ reaperducer18:56 hn>

Other countries don't have this problem

Guess how we know you've never lived, worked, or read a newspaper in any other country.

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▲▼ advisedwang19:27 hn>

The penalty was not damages, it was a statutory per-count penalty. This was not a tort case at all, and tort reform has nothing to do with it.

▲▼ WheatMillington19:33 hn>

Why would American taxpayers be paying more because of a settlement against a private company? Shouldn't this contribute to the tax take, causing taxpayers to pay LESS?

▲▼ MiroslavPokorny04:12 hn>

Because Meta will pay nothing and the cost of the court and legal team, will be paid for by citizens.

▲▼ paxy01:50 hn>

How exactly are you paying a "tax" because of this lawsuit?

▲▼ lysace18:30 hn>

Previously when the EU has ordered US companies to pay penalties of a "few billion EUR" for trade abuse there has typically been a lot of jingoistic outrage here. This one will be interesting to watch.

▲▼ gsky19:19 hn>

America fines their companies left and right but won't allow other countries to do for the same wrongdoings.

Its very easy to understand the motives but other countries lack back bone to ban these companies

▲▼ throwaway89434520:14 hn>

Other countries fine American companies all the time.

▲▼ Grombobulous14:13 hn>

Because the EU haters only hate the EU so that Americans don’t look across the ocean and see that the government can work in favor to the average person.

If they did that, they’d demand universal healthcare, paid parental leave, mandatory paid time off, higher agricultural health and animal welfare standards, tighter pollution standards, better antitrust and open markets regulation (e.g. alternative app stores, standardized phone chargers, right to repair) affordable university education, etc.

▲▼ Noaidi18:31 hn>

The original fine was much higher. This is closer to Meta’s hopes than the peoples.

▲▼ bananamogul18:33 hn>

All the states that participated in the class action settlement got $725 million combined.

New Mexico decided to go it alone and gets $25 billion.

Great timing for the AG who’s up for reelection on November 3 (even though it was the previous AG who made the call).

▲▼ gruez18:46 hn>
>New Mexico decided to go it alone and gets $25 billion.

No because that's still subject to appeal, unlike the settlement. "a bird in hand is worth two in the bush", etc.

▲▼ whycome18:59 hn>

That’s all framing. If they use the win for their reelection campaign…they just won’t mention the appeals process.

▲▼ freejazz19:29 hn>

What are the grounds for the appeal? How does NM law look on that issue? It's a significantly reduced judgment too.

Like, yeah, you have a point in the abstract, but barring any actual supportive facts, it doesn't seem like a good point.

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▲▼ neutronicus15:07 hn>

Yeah, I'm from Baltimore and our city government had the amount awarded in a lawsuit against opioid manufacturers reduced on appeal. Bummer.

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▲▼ ChoGGi13:51 hn>

Isn't 25 the appealed amount, and 200 the original?

▲▼ vjvjvjvjghv22:00 hn>

"New Mexico decided to go it alone and gets $25 billion."

I highly doubt that New Mexico will get 25. Although it would be nice since I live in New Mexico.

▲▼ paxy23:58 hn>

The class action was private, not initiated by states.

There have been many different lawsuits and fines over Cambridge Analytica.

$50 million settlement with California.

$100 million to SEC for misleading investors.

$5 billion in FTC fines.

Many different international fines.

$725 million in a private class action lawsuit.

$17 billion in a multi-state child and teen safety lawsuit, part of which is earmarked for Cambridge Analytica claims.

(You are probably confusing the last two).

Importantly all of these were paid. This $25 billion one is still just a press release. Local juries issue such crazy rulings all the time (why wouldn’t they, they have nothing to lose) and it is always struck down or massively reduced by a higher court.

▲▼ wavemode04:33 hn>

$25B is the reduced judgment. The state was originally awarded over $200B.

▲▼ spiderice01:40 hn>

"gets" is certainly a word choice. There is about a 0% chance NM get's anywhere near $25 billion

▲▼ alex113818:46 hn>

So apropos of nothing remember when Zuck bought a castle rather than spend that money on any sort of Facebook account support?

▲▼ ok12345618:48 hn>

The Cambridge Analytica "scandal" is basically an advertising campaign for Meta itself. Their ad platform worked exactly as designed: it allowed creepy, microtargeted advertisements. Instead of dish soap, peptides, and dropshipped garbage, it sold a political candidate.

Much worse is how Meta enabled a genocide in Myanmar.

▲▼ donchuru18:58 hn>
>Much worse is how Meta enabled a genocide in Myanmar.

True, and considering the gravity of this situation, you'd think they're would've been more legal consequences for FB/Meta

I see similar dynamics happening on X, where it is just being used to spread hate and division.

Perhaps it's high time we had an international criminal justice system for social media companies.

▲▼ DrMandalay22:12 hn>

There are much worse scandals internal to meta that get ignored because 8200.

Onavo is one that would really sink meta in a fair world. But I guess fealty to Mossad keeps that one out of the news (and the courts). The firehose into Palantir for about a decade is another. Scuba is another. I could go on for days, bit someone will probably bump me off.

▲▼ whycome19:01 hn>

Ad campaign? We are lucky they didn’t make the settlement in “Meta Quest Cash” or “Ad Buy Credit”

▲▼ ok12345621:08 hn>

They absolutely tried at one point or another.

▲▼ gruez19:14 hn>
>Their ad platform worked exactly as designed: it allowed creepy, microtargeted advertisements. Instead of dish soap, peptides, and dropshipped garbage, it sold a political candidate.

No? The scandal was that random "apps" (eg. quizzes) were able to scrape user and their friends' profile data. The expansion of that into ad targeting as a whole is just a retcon you're doing.

>In the 2010s, personal data belonging to millions of Facebook users was collected by British consulting firm Cambridge Analytica for political advertising without informed consent.

https://en.wikipedia.org/wiki/Facebook%E2%80%93Cambridge_Ana...

▲▼ ok12345621:05 hn>

Yes? They used Facebook APIs in conjunction with their own data points. This is basically all of "ad tech."

▲▼ aprilthird202120:09 hn>

Yeah it is kind of sad how not stopping posts which fueled a literal genocide is hardly glanced at but Cambridge Analytica is considered a disaster of the highest order. Who died from Cambridge Analytica?

▲▼ dominotw19:01 hn>

i hate that zuck has his ad empire funding all sort of stupid shit. Nothing can even touch him as long as ad dollars keep flowing.

why are ads so so sucessful on meta platform. i hate it so much.

▲▼ autoexec20:16 hn>

Ads are successful everywhere. The size of facebook's userbase helped its ads reach a lot of people, but the number of facebook users has been declining while the old folks staying on the platform grow ever closer to death.

Facebook has done nothing but demonstrate that it's a company which doesn't care at all about its users and is willing to hurt them. Anyone still using facebook at this point is pretty much asking to be taken advantage of and abused. I rally can't feel bad for them anymore.

▲▼ kps20:41 hn>
>the number of facebook users has been declining while the old folks staying on the platform grow ever closer to death

They don't mind; it's a targeted market fit. They have Instagram and WhatsApp for other demographics.

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▲▼ SoftTalker20:17 hn>
>why are ads so so sucessful on meta platform

Because you look at them. Get off their platforms.

▲▼ dominotw20:48 hn>

no i dont

▲▼ mrwh21:11 hn>

I still find it wild that Instagram does not share ad revenue with creators. Post something there that goes viral? You'll get nothing by default. (Of course, you could set up ad deals etc etc etc, if canny could could make money from it ultimately, but from all that traffic and all those ad dollars Instagram gets from it, you'll not get a cent.)

▲▼ mike_bob19:06 hn>

Not enough.

▲▼ richwater19:15 hn>

Jury based punitive damages are constantly overturned because they are not legal experts and don't understand anything.

Anyone who thinks Meta will actually pay this amount have no clue what they're talking about.

▲▼ advisedwang19:25 hn>

The article says this was a statutory $5k per infringement * 43M counts, then reduced by the court. This was not a jury award.

▲▼ freejazz19:31 hn>

They are also not punitive damages, and Meta was also found to be willful.

▲▼ devsda19:19 hn>
>While the full amount of the penalty against Meta, based on thousands of violations of state law, was calculated as $219bn, Judge Mathew reduced the penalty to the $25bn fine.

umm when a thief steals and gets caught, we don't just punish them. We also recover what was stolen.

They should also be made to delete all user data collected during the period, and pause similar data collection for x months/years even the ones that fall under their service terms. The price of wrong doing should be high, and for meta deleting historical user data is the highest form of punishment .

Otherwise it's just cost of business.

▲▼ aprilthird202120:10 hn>

They will likely not even have to pay $25B bc they will continue to appeal till they get a more favorable ruling

▲▼ xyzzy12321:32 hn>

Are you proposing that as part of this settlement, Meta should have to delete the posts and likes and facebook accounts of users in New Mexico?

▲▼ Der_Einzige02:32 hn>

That would unironically dramatically improve the world. Knock out Florida and Texas next please!

▲▼ devsda02:58 hn>

Not necessarily the accounts or posts. They can be made to delete all the profiling data that they've collected over the years and be barred from inferring anything from user submitted past data and new data for a few years.

Basically they shouldn't be able to monetize that data in any form directly or indirectly, even if they don't delete it.

▲▼ warkdarrior21:57 hn>
>umm when a thief steals and gets caught, we don't just punish them. We also recover what was stolen. > > They should also be made to delete all user data collected during the period, and pause similar data collection for x months/years even the ones that fall under their service terms. The price of wrong doing should be high, and for meta deleting historical user data is the highest form of punishment .

How was the data stolen from users? Do the users no longer have access to their own data? Was it deleted from their devices?

▲▼ devsda03:00 hn>

If the data was not "stolen", then asking them to delete is also not "recovery".

▲▼ ReptileMan19:30 hn>

Diseconomies of scale.

▲▼ tomjen319:34 hn>

How much is Cambridge Analytica going to have to pay? I'm all for ramming Meta, but I feel like they should be forced to pay the same amount.

▲▼ schwarzrules19:46 hn>

$0. for better or worse, they have ceased operations and declared bankruptcy. I don't think NM would/could expect to get any money from a penalty. I may misunderstand how penalties and bankruptcy work, but I would expect it's been a better use of time to try to get $$$ from Meta than a defunct entity.

▲▼ paxy01:53 hn>

How much is a bankrupt non-existent company going to pay? You tell me..

▲▼ ArcHound19:35 hn>

This seems to be a consequence of the Cambridge Analytica. Could it be that we'll see some consequences?

▲▼ ThouYS20:41 hn>

finally some proper penalty OOMs

▲▼ hawk_20:43 hn>

Stock seems to have shot up ~7% aftermarket so just cost of business.

▲▼ minraws20:49 hn>

They beat revenue expectations, and earnings per share was ok, and they guided for even higher revenue next quarter above estimates ofc.

Somehow Meta is making money despite starting to loose DAUs now. So honestly I don't quite understand what's what, also most of the big income is from Ads and biggest Ads spenders are startups and companies heavily dependent on VCs and AI... So it's definitely somewhat circular, and Ads is the most recession affected business so a down turn in markets will cycle through it.

But ngl if all the earnings are this ok then hyperscalers stock might not crash this quarter, well then again I didn't think they would but a person could dream.

I am quite bullish on AI, but would prefer the fluff to get out of the way asap, otherwise don't want it to happen at a bad time, and too many people get caught pants down.

▲▼ Forgeties7920:51 hn>

Hell didn’t they stop even reporting DAU’s?

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▲▼ cush21:30 hn>

Their users are ad execs and data brokers

▲▼ dntrkv01:01 hn>

If you're on IG, it's pretty obvious how they're getting more ad revenue. They're serving up more ads through stories/reels and the ads have become less conspicuous over time. e.g. you're watching a story and only a few seconds into the story does the ad overlay appear whereas before you can tell it's an ad from the beginning.

▲▼ paxy21:04 hn>

Escaping litigation with a fine is always a good outcome, no matter how large the penalty. Stock price will drop the day governments start regulating these companies or breaking them up.

▲▼ techjamie21:38 hn>

I've always been fond of the idea of putting a corporation in "jail" where any presence they have is shuttered for the duration, bank accounts are frozen, and locations are to be uninhabited except by third party security.

They can hire lawyers to argue it out while they sit in limbo like the rest of us.

Imagine if Amazon ran afoul of the law and AWS was offline in corporate jail for a day? It'd be motication to never, ever risk that happening.

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▲▼ lrvick21:06 hn>

Well Meta is reacting to all the costs by just starting to charge for things previously free, like sharing links.

I suspect they are now entering the Earthlink/AOL phase where they squeeze every last dime out of the confused and abandoned senior citizens left on the platform until they die off.

▲▼ kube-system21:17 hn>

Meta also owns the 2nd, 3rd, 5th, and 14th largest social media platforms behind facebook.

3.6 billion people use a Meta app every day - 43% of the world's population.

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▲▼ gib44420:48 hn>

If they actually pay $25B, I'll eat my hat. Hell, I might even eat two of my hats

▲▼ hmokiguess20:50 hn>

Pay to play

▲▼ giancarlostoro20:51 hn>

I remember long ago, you could fully hide your profile from ANY type of search. Now you cannot. I also remember long before they started scanning your face, they added an opt-out checkbox, I'm pretty sure this disappeared for a long time. You know that feature where they'd auto-suggest who to tag? Yea, you could bar them from using your face for that, now Facebook has taken a steaming pile of... on your privacy at levels I've never seen them pull before.

▲▼ alex113821:13 hn>

Yes, I remember an article in the Guardian about this, around 2015-6

Facebook does this. People think 'privacy' as a complaint and perhaps think about advertising on FB but straight up, settings get reset (including posts suddenly becoming Public. or graph search.)

Why? Because Mark Zuckerberg does not believe in it. In 2010 he said privacy was no longer a social norm. Not only does he himself not believe in it, but he can't keep it to himself. He knows 'better than you'. So, he outright changes it himself or instructs his engineers to do it

It's like with Free Basics in India. You could, theoretically, support it. Many didn't, it was a form of digital colonialism. But let's say you happened to think it was a good idea. It didn't matter either way: Facebook sent emails on users' behalf to TRAI

That's who Zuckerberg is. A sociopath, a criminal, someone who knows nothing but how to steal

▲▼ 1011100121:36 hn>
>I remember long ago, you could fully hide your profile from ANY type of search. Now you cannot.

Do you have any more details on that? Are you talking about searches within Facebook or outside of it?

I also remember long before they started scanning your face, they added an opt-out checkbox, I'm pretty sure this disappeared for a long time. You know that feature where they'd auto-suggest who to tag? Yea, you could bar them from using your face for that, now Facebook has taken a steaming pile of... on your privacy at levels I've never seen them pull before.

Do you have any more details on that?

▲▼ dado321216:35 hn>

With regards to facial recognition, the opt-out checkbox disappeared because the functionality was fully scrapped in 2021. [1] The feature where they auto-suggest who to tag hasn't existed in 5 years, I'm not surprised they don't have a checkbox anymore.

[1]. https://www.nytimes.com/2021/11/02/technology/facebook-facia...

▲▼ nidnogg20:54 hn>

People are not notifying this nearly enough, but Meta is still going up and at it in Brazil [1] during one of the most polarized elections I've ever seen during my time.

Things got so ridiculous that Meta's AI WhatsApp companion would let you generate one candidate's posters, but flat-out deny you the same prompt for the opposition. Of course the bias skewed heavily towards benefiting the alt-right, pro-MAGA party.

[1] - https://www.reuters.com/world/americas/meta-employees-said-l...

▲▼ culi21:02 hn>

Thanks for continuing to talk about this. It's ridiculous how much the US meddles in the elections of others and acts all :surprised-pikachu: when Russia sorta kinda meddles a bit in ONE election of their own.

The Bolsanaro family is ofc a close ally of Trump

https://www.theguardian.com/world/2026/oct/21/battle-meta-al...

We even have Meta employees calling the meddling out: https://www.aljazeera.com/economy/2026/10/16/meta-employees-...

▲▼ ram1500natrluvr22:14 hn>

The book Careless People paints a picture of Zuck & Co that should cause anyone to hesitate to touch any of their products. It's a shame so much of the world runs on WhatsApp. It's a bigger shame that they were ever allowed to acquire WhatsApp in the first place.

▲▼ ChrisArchitect20:55 hn>
▲▼ jeanloolz20:55 hn>

25B is not a small fine. Finally an amount that should make them think twice their harming decisions

▲▼ rvz21:04 hn>

They don't care.

Meta can take the hit by either selling stock, laying of more employees or both to cover that cost.

▲▼ idlewords21:06 hn>

Or they can put thick mitts on Zuckerberg's hands for a couple of years so he can't sign any checks.

▲▼ barbazoo21:42 hn>

You're being sarcastic, right? Right? It's a 1.5 trillion dollar company [1], how would this amount even be relevant compared to the profits they made from their behavior.

[1] https://youtu.be/C7UC2ie0XIE?t=49

▲▼ dgunay22:04 hn>

Maybe the $25B isn't guaranteed and doesn't seriously harm them on its own, but if the legal landscape shifts enough to make fines of this scale more common than the usual dozens-to-hundreds of millions, then it starts to impact their bottom line.

▲▼ OnlineTux23:40 hn>

The problem is that it's not a fine for the directors, it's a fine for the company itself.

It won't trickle down to the directors' salaries, so then there's no reason for them to act any differently in future.

Directors of companies should be personally financially liable for these types of penalties.

▲▼ Matl11:38 hn>
>It won't trickle down to the directors' salaries, so then there's no reason for them to act any differently in future

Not only that but this kind of behaviour is actively seen as necessary by them to maximize profits. Maximizing profits is in turn what shareholders want so everyone involved is going to continue doing this.

▲▼ SpicyLemonZest12:23 hn>

This is one of those things that sounds like it could make sense until you start to think about the mechanics of it. Should Mark Zuckerberg go to each of the people who made the misleading statements for which Facebook is being penalized and say “Hey, I’m making this your problem, pay me your share of the judgment or you’re fired?”

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▲▼ chihuahua23:47 hn>

When the appeals reach the Supreme Court, if the S.C. should rule against Meta, Zuck will probably remember "wait a minute, I wiped my ass with $25B this morning, I'll just pay the fine, who cares."

▲▼ mhh__23:51 hn>

Too large, if I may say such a thing.

▲▼ betterunix202:52 hn>

It is pretty small for a company like Facebook, take a look at their quarterly revenue and the various credit facilities and sources of financing they have available. They could shrug off a one-time $25B fine.

You need another one or two digits before you can say it is "not a small fine."

▲▼ f33d517305:02 hn>

The fine is for the state of new mexico, it's about 50 years of revenue in that state. That's decent sized imo.

▲▼ charcircuit04:52 hn>
>harming decisions

It's infantilizing to think it's harmful to give users control over their privacy because they are too stupid to understand what they are doing when they share their data with someone that it shares their personal data with someone.

▲▼ lrvick20:56 hn>

Who predicted it would be New Mexico defending the children of the US while seemingly every other state in the country is bought and paid for by pro surveillance capitalism lobbies?

Hopefully those corrupt politicians are paying attention to the NM model and realize they can get more money by beating all the cash out of Meta like a piñata and then regulate the entire industry like casinos and tobacco, with super high taxes and exclusive for really stupid consenting adults only.

▲▼ vvpan21:15 hn>

I have no idea about judicial system in New Mexico, but it's a curious state - college is free effectively for everybody in the state, for example. Also school lunches are free. It's a rare combination of poor and blue.

▲▼ akulbe20:56 hn>

That's just New Mexico. I wonder when will the other states step up, and hit them with more fines?

▲▼ MiroslavPokorny21:46 hn>

Just waiting for the orange one to say New Mexico is socialist and change the name because we cant have a state named after illegals.

▲▼ verdverm02:12 hn>

he already said they need to change their name to New America, surprising no one

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▲▼ Carson_Cummins23:42 hn>

I’m fairly sure that most other states have already entered into an agreement preventing them from prosecuting about Cambridge analytica in exchange for a couple hundred million each (IANAL)

▲▼ binarymax20:57 hn>

12% of annual revenue (~200B for 2025). Not a small amount.

▲▼ afdbcreid21:14 hn>

You mean 200B?

▲▼ rajman18721:29 hn>

meta makes $1.4B/week in net profit, so that's about 4 months of net profits

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▲▼ binarymax21:37 hn>

lol that was a fun typo. Fixed :)

▲▼ loeg21:54 hn>

~50% of 2018 revenue, which is when the CA scandal was happening.

▲▼ Ey7NFZ3P0nzAe07:21 hn>

But they grew much bigger still thanks to illegal tacticts. So the very fact that it's a sizable portion of 2018's revenue but not of today's revenue shows how incitated they are to keep going the same path.

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▲▼ marcusverus15:58 hn>

It's also the equivalent of:

- 16% of New Mexico's GDP

- ~200% of New Mexico's annual budget

- $29,620 per household in New Mexico

Absolutely bananas.

▲▼ mentalgear21:00 hn>

A good start, yet still far from enough - as long as the punishments are not equal to their revenues generating by these illegal methods , big corporations will never stop exploiting society because to them those fines are just 'the cost of doing business'.

▲▼ lrvick21:08 hn>

We need every state doing this, until it bankrupts them. Then the companies left will have true fear for the first time ever, and may be forced to reform or suffer the same fate.

Make an example of Meta for the ages.

▲▼ bilekas21:09 hn>
>as long as the punishments are not equal to their revenues generating by these illegal methods

I would say this qualifies no?

They certainly didn't get 25 Billion in fees from Cambridge analítica. Unless they did any my conception of business is just way off.

▲▼ usefulcat21:00 hn>

Can they appeal it?

▲▼ loeg21:56 hn>
>Meta chief legal officer C.J. Mahoney criticized the penalty, saying in a statement that the company is “confident” that it will “prevail on appeal.”
▲▼ idlewords21:05 hn>

That penalty is almost 1/3 of a Metaverse. That's got to sting!

▲▼ bilekas21:07 hn>

Holy! This might be the first time I've seen a meta fine that actually feels substantial enough for them to change behaviours. That's impressive.

▲▼ DivingForGold21:08 hn>

That amount will likely be reduced upon appeal ...

Facebook IS a steaming pile of...

and Zuck is PUBLIC ENEMY #1

▲▼ vvpan21:22 hn>

There is a whole gang of public enemies in Silicon Valley.

▲▼ lrvick21:27 hn>

And I hope they are afraid, and having board meetings to try to self regulate a bit to try to avoid similar pain.

▲▼ timpera21:37 hn>

I think Facebook is fine? It's where most neighborhood/city groups seem to be, and it works as expected for this. Marketplace is also pretty good, with less scams than other similar platforms.

▲▼ fugalfervor03:09 hn>

they might be willing to hire you to help rehabilitate their image

▲▼ stillpointlab21:09 hn>

For those who haven't seen, the New Mexico Attorney General released tapes of the depositions for Zuckerberg [1] and Sandberg [2].

1. https://www.youtube.com/watch?v=C7UC2ie0XIE

2. https://www.youtube.com/watch?v=g1j4N-3ZkB4

▲▼ alex113823:59 hn>

The comments on Zuck's are funny

Typical "lawyer is so stupid, she's asking dumb questions, repetitive questions"

Yeah, people - it's a deposition. Getting Zuck to blab is what they're looking for

▲▼ iamflimflam100:08 hn>

Weirdly, I was talking to someone earlier about this who had been deposed.

They ask repeated questions repetitive questions hoping that you slip up/contradict yourself.

He said it was an interest experience trying to repeat exactly the same answers he’d already given.

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▲▼ pier2500:27 hn>
>Getting Zuck to blab is what they're looking for

That but also I would imagine getting information on the record from the exhibits etc.

▲▼ literallyroy01:00 hn>

Thank you for the links! The snarky gotcha-style questions is surprisingly humanizing for the person being deposed.

▲▼ alex113802:07 hn>

It's a deposition

▲▼ williamcotton12:37 hn>

FYI, a person being deposed is called a deponent!

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▲▼ alpineman11:19 hn>

30:30 mins

They really got her with the 'Explain how an API works' interview question ha

▲▼ Devasta21:10 hn>

Anything less than a jail cell is less than the top brass of Meta deserve.

▲▼ MASNeo21:16 hn>

Will Meta be able to apeal?

▲▼ j_horvat21:17 hn>

Sure, but where's the jail time for executives. This may be a bit more than the usual slap on the wrist, but its hardly consequence that actually matters to the likes of Meta. This will keep happening until those at the top are held personally responsible for the crimes they sign off on.

▲▼ lrvick21:24 hn>

No one will bother making a move on the execs until the get-out-of-jail-free cards they bought from the current president are no longer valid.

▲▼ cush21:27 hn>

If only software engineers were liable like real engineers are

▲▼ lrvick21:37 hn>

"But my boss told me to increase engagement at all costs, including substantially increased rates of teen suicides, so shrug guess I have to since my visa will be revoked otherwise and I need this cash to send home to my family."

Even when you cannot get highly employable US engineers to agree to do unethical work, you can always import some indentured servants who are too vulnerable to feel like they can say no.

I know someone that took a job at meta short term to get cash for a family member with cancer.

Go after the people giving the orders, not the workers trying to survive a deeply fucked up system.

─ 10 more ─
▲▼ barbazoo21:41 hn>

Why would you personally punish the chumps that execute the orders instead of leadership that gave the orders?

─ 11 more ─
▲▼ vjvjvjvjghv21:59 hn>

"Real" engineers aren't responsible for their product being used in nefarious ways as long as the product was built according to the rules.

─ 1 more ─
▲▼ johnnyanmac01:22 hn>

Perhaps so. That liability means doctors, engineers, lawyers, etc. need to push back because now their skin is truly in the game.

But a part of that process means introducing licensing to the field of software. Yet another hoop that this field has traditionally rejected. I don't think all SWE's "need" a license. But I do think that maybe it's long overdue to finally distinguish between a "programmer" and an "engineer" more formally.

─ 3 more ─
▲▼ cush21:53 hn>

It’s funny reading the responses to my comment here. Most people assume

1. That professional engineers being liable somehow makes the firm they work for not liable. Both are liable.

2. The professional engineer isn’t responsible for breaches of code/contract their colleagues are committing. They are. In most jurisdictions a PE must disclose in writing and are liable for violations they witness.

It’s surprising how uninformed folks are about how rigorous engineering in the real world is.

If you think this is overkill or unrealistic you’re jaded. The privacy and security of the general public is on the line. If engineers and firms were liable for every data breach they’d cease to happen.

▲▼ JumpCrisscross21:38 hn>
>where's the jail time for executives

Our American obsession with jail is nuts. The violation at hand was “misleading state citizens about how it safeguards and collects user data.”

Lots of folks at Meta should be criminally investigated. But not for this, not unless someone willfully signed off on a lie.

>This will keep happening until those at the top are held personally responsible

Perfect is the enemy of the good.

▲▼ layer822:04 hn>
>But not for this, not unless someone willfully signed off on a lie.

From the judgement: “The extraordinary number of willful violations found by the jury, the duration and repetition of the conduct, the breadth of subjects on which violations occurred, the involvement of senior Facebook leadership, the size of New Mexico audiences reached, and the clear intentional and systematic nature of Facebook’s repeated misstatements established in the trial record support the highest level of penalty allowed by the New Mexico Unfair Practices Act […].”

Emphasis mine.

It isn’t criminal law, but maybe at that level it should be.

─ 8 more ─
▲▼ mxkopy22:13 hn>

Honestly it doesn’t matter what they get them on, half of the PMC in America needs to be indicted on RICO charges for white collar crimes against humanity

─ 1 more ─
▲▼ hereme88822:14 hn>

So our obsession with jail is nuts, because... you lean towards no one willfully signed off on a lie, in a company with a history like Meta/Facebook, in a $25B fine?

─ 8 more ─
▲▼ roosterIllusi0n22:26 hn>

The CEO is the only one with decision power and is responsible for all crimes. The CEO is also the one making the most money off the crimes. If we don't actual jail them, crimes will keep increasing as we are witnessing. AI companies are now bragging about their crimes publicly.

Good is arresting a CEO and holding them in prison for a few decades. These fines do nothing. These fines are the enemy of good.

─ 5 more ─
▲▼ tw0422:33 hn>

If corporations are people, then they should face the exact same punishment as a person. If any individual perpetrated this level of fraud they might be spending the rest of their life in jail. See: bernie madhoff.

─ 7 more ─
▲▼ shermantanktop22:40 hn>

The problem with fines is that they don't actually disincentivize bad behavior by companies, as long as they are large enough to absorb the fine as a cost of doing business.

Time in the pokey is unpleasant for everyone.

─ 4 more ─
▲▼ throwaway8152322:43 hn>
>Our American obsession with jail is nuts.

If we were really obsessed with jail for executives, a lot more of them would be locked up right now. There might be an obsession, but it's only about jailing peons.

─ 17 more ─
▲▼ AngryData22:45 hn>

I would agree except jail time is what all us peons face for all sorts of far more benign charges. So until poor people's punishments are lessened they are going to advocate for greater punishment for these crimes.

▲▼ hsuduebc222:47 hn>

The whole purpose of companies is that the bankruptcy of a company will not ruin entrepreneurs and strip them of all their belongings. You have the possibility of failing softly. That's a good thing because it enables you to take a calculated risk. But that risk is usually just money.

When a company, for example its managers through willful negligence or an outright lie, enables the organization to do something that is considered illegal, they absolutely should be held personally responsible. The existence of a company as an entity shields the entrepreneurship itself, not individuals who are actively harming others.

Managers who willingly poisoned people with cigarettes or lead, and now with brain rot, while simultaneously claiming that it is not harmful to the public, even when they know that is simply a lie, should absolutely be held responsible.

▲▼ cromka22:54 hn>
>>where's the jail time for executives
>Our American obsession with jail is nuts

I am European and I want those American executives in jail as well /s

But in all seriousness, shareholders in 2026 should start pushing for an investment markets reform to introduce criminal responsibility for such actions, because that's a pretty good deterrent to have the executives not act against their fiduciary duty and the shareholders' bottom line.

▲▼ mywittyname23:08 hn>
>Our American obsession with jail is nuts.

We rarely imprison the people who actually deserve it. Even when we do, it's barely a punishment if the person is wealthy.

Our jails are full, but a lot of that is we harshly punish mundane crimes against people with no real ability to defend themselves. And that's mostly because the grift of for-profit prisons.

─ 9 more ─
▲▼ Zigurd23:42 hn>

I'm in complete agreement about the perfect being the enemy of the good. Complaining about this outcome serves very little purpose.

But this case was about selling out democracy. I suppose it falls into the category of great crimes like killing people with cigarettes and deceiving the public and regulators while doing it. If you steal from the rich and powerful you go to prison, but killing tens to hundreds of thousands of children in Africa is too abstract to punish that way.

The American attitude about and system of incarceration is pretty crazy, but so is our idea of scale in crime. At the retail end of our criminal so-called justice system, you have cops that in many places fragrantly engage in overtime and detail fraud, sometimes amounting to hundreds of thousands of dollars, putting minor criminals in prison and penury. It's all pretty crazy.

─ 2 more ─
▲▼ mbesto01:28 hn>
>Our American obsession with jail is nuts.

Sure but also there has to be some sort of deterrent and an executive who's worth is $100M+ who can't touch their $100M because their in jail is far more of a deterrent than META missing its earnings for a quarter because they owe the government a one-time slap on the wrist.

I'm all ears on what a different penalty could be that ultimately stops this behavior.

PS - META's stock is currently up 2% in after hours trading, so

─ 1 more ─
▲▼ betterunix202:05 hn>

Yes, our obsession with jail is nuts. Why do I only hear people say so in response to populist calls to throw corporate executives in prison for actual crimes?

▲▼ NegativeLatency04:59 hn>

It is, but as they say "what's good for the goose is good for the gander", if we have rules they should apply to everyone equally, or they should be changed.

─ 2 more ─
▲▼ MiroslavPokorny21:49 hn>

Executives cant goto jail, they are already taking responsibilty.

▲▼ NuclearPM21:53 hn>

I don’t understand your comment.

─ 2 more ─
▲▼ seizethecheese21:58 hn>

The judgement here was for violation of civil law, not criminal law. If New Mexico would have gone after the executives, the result would have been a much smaller fine, not jail. Or are you suggesting the executives should have been prosecuted for some criminal law violation? If so, what?

▲▼ theendisney22:29 hn>

We imprison or fine to motivate others not to do the same. I doubt the current treatment is potent enough.

▲▼ derekdahmer22:04 hn>
>This will keep happening until those at the top are held personally responsible for the crimes they sign off on.

Cambridge Analytica was a decade ago and there hasn’t been a similar Meta scandal since, so it seems like the deterrent has worked.

▲▼ iririririr22:45 hn>

LOL. had a good laugh. thanks

▲▼ lenerdenator22:13 hn>

The literal point of incorporation is that you as a shareholder or proprietor of a business are legally separated from the corporation in the eyes of the law.

We need reforms on corporate governance. Right now Meta is basically Mark Zuckerberg and a bunch of bag holders. They can't vote him out because he has both a board seat and majority voting power all on his own. Dumping the stock is far from a safe thing for institutional investors to do if they want to avoid lawsuits or regulatory attention.

It needs to be illegal for you to both be the CEO of a publicly-traded company and the voting majority shareholder. Note I say majority, not major plurality.

▲▼ nradov22:24 hn>

There is no law or regulation which requires institutional investors to hold Meta stock. Sometimes people who don't actually understand the law make spurious claims that those investors are legally required as fiduciaries to put their funds into the highest yielding investments. But in reality there is no such requirement, and investment managers have significant flexibility unless there's something more specific in their own organizational bylaws. They can underweight Meta stock if they believe it's overvalued due to potential legal risks or corporate governance problems or whatever.

─ 3 more ─
▲▼ nfw203:23 hn>

Anyone who performs criminal actions while working at a corporation may be charged with criminal charges

▲▼ nfw205:45 hn>

I agree, every shareholder who owns Meta stock should be financially and criminally liable for these crimes! Especially your grandma, she could have invested that 401k in more ethical ways

▲▼ giancarlostoro23:29 hn>

Idk if Mark really is an android as they suggest, how do you jail a robot?

▲▼ dzonga23:52 hn>

the chinese legal system somehow in its flaws is able to hold powerful company execs to account.

whereas here in the states - once you're a billionaire - jail or being held personally liable is a foreign concept.

▲▼ chilmers00:37 hn>

Unless you're Sam Bankman-Fried, Bernie Madoff, Elizabeth Holmes, Allen Stanford, Raj Rajaratnam, Michael Milken...

▲▼ tyrabound00:56 hn>

As long as a corporation is a shield to commit crimes with impunity, nothing will change. We really need to reassess this perverse concept of a corporation where you can simply commit crimes against people, personally profit, yet never be personally held responsible, let alone accountable.

The same thing is causing problems in the financial markets right now, with massive zombie company portfolios of various private equity firms still paying out fees to the managers to siphon off the debt and assets of investors.

▲▼ wnevets01:50 hn>
>As long as a corporation is a shield to commit crimes with impunity, nothing will change.

AI simply makes it easier for corporations to commit crimes with impunity, now they can distance themselves from responsibility even further. No one has even bothered to levy fines for AI agents hacking or corporations violating copyright to train their models.

─ 2 more ─
▲▼ nfw203:17 hn>

Corporations shield shareholders from civil liability not operators from criminal charges. You seem to have no concept at all what a corporate shield is or the difference between criminal and civil law

─ 9 more ─
▲▼ Jackie36001:22 hn>

Just takes one line to change a civil law into a criminal one, “and shall serve a term of imprisonment of not less than . . .”

▲▼ verdverm02:11 hn>

Pardons are a cool million away, maybe a bit more if you are Zuck, because the big guy is not going to let in opportunity to extract more pass him by

▲▼ eddieroger02:30 hn>

Fines are just permits for companies that can afford it.

▲▼ prokopton02:34 hn>

I want a new season of Oz starring Zuck.

▲▼ fugalfervor02:40 hn>

If they get more decisions like this and they're overextended with AI investment, they'll be pretty fucked. Of course, the cockroaches will scuttle away without penalty.

▲▼ jorisboris05:49 hn>

There’s an interesting case around this with the Taranto steel plant. This plant was heavily polluted. Italy has criminal liability for executives for ecological violations. The owners went to jail and the government asked Arcelor-Mittal to come in and clean the mess. Arcelor-Mittal received a shield from the government for the criminal liability. The next populist government withdrew the shield. Arcelor pulled out. Now the government is managing a steel plant while looking for a buyer.

Broadening criminal liability for executives might sound like a good idea but there are a lot of second order effects

▲▼ wasfgwp06:07 hn>

25 billion is huge, though. If the market believed that Meta would ever have to pay the full fine (unfortunately highly unlikely) its stock would be doing a lot worse.

▲▼ penguin_booze07:15 hn>

They're busy taking risks and breaking things. They can't waste their valuable time in jails and stuff like that, sir.

Jails are for losers -- not Peter Thiel.

▲▼ mordae07:37 hn>

Or such companies could be dissolved for breaching law in a sufficiently big way. And I mean dissolved. Not sold. Not split. All its accounts are frozen, all its physical assets are sold in an auction. Proceedings going to pay everyone in the company 3 months worth of their wage capped at 3x median wage of the country as they are fired, rest goes to state. All imaginary property enters public domain immediately. Patents are cancelled. Done.

"But it would be tremendous loss if we cancelled [bigco]!"

Well, maybe, let that be a lesson the all other such companies and their owners I guess?

▲▼ elric07:57 hn>

At least in Volkswagen's "dieselgate", executives got prison sentences. No clue whether they ever served them, but still.

▲▼ vvpan21:19 hn>

I rarely cry but my eyes just got wet. It feels so good.

▲▼ notfried21:20 hn>

Meta will surely appeal, and will likely get the fine reduced to like 10% of that. But for comparison, in the recent multistate settlement over social media addiction by 47 states for $17 billion, there was a provision in that settlement to get $459 million [1] in exchange for releasing Meta from any state claims related to Cambridge Analytica. So those 47 states got $459 million for what New Mexico will likely get a few billion for.

[1] https://www.techpolicy.press/the-459-million-cambridge-analy...

▲▼ eks39102:17 hn>

Meta already got it to ~10%, but is trying to get it to ~1%. During the trial, it was determined that the total fine based on all violations to be $219B

https://www.neowin.net/news/new-mexico-judge-slashes-metas-p...

▲▼ deaux19:29 hn>

So when can I get my speeding tickets reduced to 10%, or even 1%?

─ 2 more ─
▲▼ paxy21:23 hn>

It’s hilarious that one of the outcomes of Meta cozying up with the current administration to escape scrutiny at the Federal level has been 50+ state attorneys general prosecuting them instead.

▲▼ SecretDreams21:25 hn>

Honestly, this company is uninvestable if you have even a shred of morality.. but, even if you lack morality, you must see the writing on the wall re: their lingering risks.

Meta is the cigarette company of the modern era and if our historians are allowed to write a neutral take on this era, they will likely not be kind to meta.

25 bil is no where near enough for privacy damages, let alone what they'll have to deal with on the addiction damages down the road.

▲▼ warkdarrior22:04 hn>

Philip Morris stock is up 100% over the last 5 years. https://finance.yahoo.com/quote/PM/

Not bad for tobacco company that everybody presumably shuns.

▲▼ yodsanklai21:37 hn>

Any reason why META surged after hours? is that related to this news?

▲▼ loeg21:52 hn>
▲▼ nalekberov21:41 hn>

It’s crazy how these criminals can get away with it just by paying money. Sure, $25B isn’t peanuts, but this money shouldn’t have belonged to companies like Meta to begin with.

▲▼ MiroslavPokorny21:48 hn>

Another example why Third party Advertising needs to be banned and also put on the list of human rights by the UN.

The inbalance between good and bad consequences from third party advertising is just completely broken.

▲▼ lenerdenator22:09 hn>

They were originally sued for, what, half a trillion?

Pennies on the dollar.

▲▼ sciencesama23:03 hn>

cost of doing business

▲▼ natas23:11 hn>

So basically the state of New Mexico is taking $25B from Meta's market cap, therefore whomever invested in META; and where will this money go here?

I don't deny that META did something wrong, but I don't see where taking $25B and allocating it to a state's declining economy will do anything good. Put people in jail may send a better signal, but here it feels more like a heist than a punishment; and the investors will take the hit, not the company.

▲▼ The_President02:14 hn>

Hey now, this will give NM plenty of money to spend on 55 mph speed signs and Santa Fe.

▲▼ fugalfervor03:10 hn>

Don't invest in companies that do crimes.

▲▼ freejazz17:07 hn>

So Meta shouldn't face the statutory penalty for the laws it broke? It's already received a 10x reduction in verdict.

▲▼ zuminator00:16 hn>

This is incredibly almost $12,000 per New Mexican resident. I wonder how much they will actually pocket after attorney's fees and appeals?

▲▼ loeg00:59 hn>

If this is out of the NM AG, they're probably using house attorneys -- no fees. It is likely to be appealed and reduced in appeal.

▲▼ zuminator03:59 hn>

The AG was in charge of the prosecution of the case but they wisely didn't handle it all by themselves. New Mexico was represented in court by DiCello Levitt LLP and McGinn Montoya Love Curry & Sievers. Each probably stand to make billions if the award is upheld.

https://dicellolevitt.com/new-mexico-secures-resounding-jury...

▲▼ ctrlaltdileep00:20 hn>

Woah, I remember hearing about the Cambridge Analytica stuff for the first time in 2020 from watching "The Social Dilemma". I'm surprised there is still legal fall out from that. Also 15% interest until the fine is paid in full is wild. Wonder where they are going to get the cash given how much has been going to AI.

▲▼ cm201201:35 hn>

This will be successfully appealed. It is an outrageous verdict for something with zero actual harms.

▲▼ deepsun02:49 hn>

They will appeal, as usual, and never pay that.

▲▼ burnto02:52 hn>
>“This ruling, and the Attorney General’s approach to this enforcement, makes it all but impossible to do business in the state of New Mexico,” Mahoney said in the statement.

Looks like New Mexico wins in multiple ways if this is upheld.

▲▼ lasky05:08 hn>

Looks like Zuck having a HARD time taking accountability for any of the eventual social _consequences_ of his social _network_ https://www.youtube.com/watch?v=C7UC2ie0XIE

▲▼ lasky05:26 hn>

best quote by Sheryl Sandberg:

"[FB] is given data by it's users, rather than us collecting it."

https://www.youtube.com/watch?v=g1j4N-3ZkB4&t=262s

▲▼ nfw205:42 hn>

I agree with the rest of this super well-informed thread that we need to remove corporate limited liability so we can send executives who break the law like SBF and Elizabeth Holmes to prison. It's so wrong that we can't send these people to prison when they break the law!

▲▼ heaney-55510:56 hn>

What law do you believe Meta broke?

▲▼ victorbuilds06:58 hn>

$25B penalty that’s like a month of their revenue. This is like me paying a month’s salary as penalty - it’s not pleasant but it would definitely not impact my life style.

▲▼ system207:01 hn>

This is not a slap but a lick on the wrist.

▲▼ rickdeckard07:32 hn>

Ah, so again a solution was found which continues to allow future crimes to be planned like a business case with basic cost/benefit math.

Why wasn't this prosecuted with jail-sentences like Dieselgate?

▲▼ SpicyLemonZest12:27 hn>

Because you can’t get jail sentences by suing the gestalt of a company for misleading people on privacy. To put someone in jail, you have to prove beyond a reasonable doubt that specific person committed a specific crime, and each specific person can argue that it was everyone else’s fault.

▲▼ andrewla15:45 hn>

Because putting people in jail costs the state money. Frivolous shakedowns of giant corporations gets the state billions of dollars.

▲▼ shevy-java09:01 hn>

In my opinion, companies who incur such a high penalty, also need to put the corresponding CEOs in jail for some time. It can not be that they cause so much damage to society, but the CEOs constantly escape due punishment. This is unfair - every small criminal stealing a purse, typically gets put in jail (perhaps not on first offence, but we know how severe the punishments are on repeated offences). People who cause so much damage to society, also need to be penalised appropriately with jail time. But in a land that does not want to find out how deep the Epstein network really was, anything goes. The big TechBros get protected by the law; the fine here is just peanuts for the awful Facebok empire.

▲▼ vincnetas09:54 hn>

Will/Can Trump just pardon meta for 1M$?

▲▼ philipallstar09:58 hn>

I've never understood why Meta is being pursued over this and not Cambridge Analytica. I thought CA were the ones misusing the app system.

▲▼ spectre910:27 hn>

It’s precedent that you can just file anything against meta and win 25bn dollars.

▲▼ Grombobulous14:02 hn>

This is not how precedent works.

─ 2 more ─
▲▼ andy_ppp10:57 hn>

There are I imagine laws about protecting your customers data and not allowing apps and plugins to for example steal every connection people have on the platform. CA were not "hacking" Facebook they were using the platform as is and if that allowed these types of abuses the court clearly determined they had broken the law.

▲▼ nakak11:07 hn>

Not only that, this also marked the end of open APIs for social networking websites. Something that has been a constant complaint in this website for 10 years now.

Let's not forget Facebook didn't do anything wrong - the only data that CA received was data that was marked as public by the profiles.

In my opinion there are two entities at fault here - the users, who gave CA permission to siphon off their friends' info, and CA, for scraping and storing data they had no reason to have.

▲▼ heaney-55511:11 hn>

It's not about the facts. It's about political posturing and emotional sophistry.

▲▼ andrewla14:19 hn>

And, frankly, about shaking down a large company for a whole buncha cash. We could all of us use $25B, and Meta has all this money lying around that's not helping the good people in the Land of Enchantment.

▲▼ WarmWash13:39 hn>

CA can't pay a $25B fine.

Someone slips on spilled soda at a gas station and Coca-Cola gets the lawsuit.

▲▼ Grombobulous14:07 hn>

I’d suggest you look up the legal concepts of negligence and proximate cause.

In your example, Coca-Cola could be legitimately liable if we found out that Coca-Cola used packaging that was known to be insufficient compared to the rest of the industry. They didn’t directly cause the problem but their packaging was a proximate cause.

In this Facebook case, it’s well established that Facebook isn’t the one that committed the infractions that Cambridge Analytica committed, but the issue at hand is that they didn’t act in the way that an ordinary organization would have in this context.

I.e., a reasonable and ordinary company would have had more safeguards in place that would prevented the issue from happening. An ordinary and reasonable company wouldn’t allow any company to slurp up user data without going through a strong vetting process.

─ 3 more ─
▲▼ Grombobulous14:02 hn>

Because the suit is about whether Facebook was acting with an ordinary level of operational care or if they were negligent.

Facebook claims they were deceived by Cambridge Analytica, but the lawsuit asks the question of whether or not Facebook acted with the kind of safeguards that a reasonable organization would have used.

For example, if my safety deposit box gets stolen by a thief at a bank, but the bank used a cheap Master padlock on the door, the bank could be held liable for negligence since no ordinary bank by a reasonable person’s judgment would use such a bad lock to secure a vault.

Yes, it was the thief’s fault, but the bank having unreasonably below-standard security was a proximal cause to the theft.

▲▼ philipallstar17:40 hn>

Was that it? Or did I allow access to the vault for people to copy the secrets from?

▲▼ DivingForGold12:43 hn>

Experts claim META has a strong chance of getting penalty lowered on appeal

https://www.reuters.com/world/us/meta-has-strong-chance-gett...

▲▼ HardCodedBias15:28 hn>

Absurdity. Advertising claims become legally binding, and we multiply "offenses" by distribution.

Let's apply that throughout the economy. All companies are now bankrupt. All stocks are liquidated and the remaining value (such that it is) is now distributed to lawyers and some to the people.

We've lost our minds.

▲▼ 1vuio0pswjnm717:11 hn>

1791000795 | New Mexico wants Meta to pay $40B in penalties after data privacy trial | https://finance.yahoo.com/media-advertising/articles/mexico-... | https://news.ycombinator.com/item?id=49941293 | 1 comment

"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 arguing that the penalties the state was seeking don't match the conduct the state focused its case on at trial.

"Well, when the parties go to trial, they roll the dice," said Mathew. "They have to accept the consequences of their decision to go to trial, do they not?""

1792108052 | Facebook Reels for PC | https://chromewebstore.google.com/detail/facebook-reels-para... | https://news.ycombinator.com/item?id=50111919 | 1 comment

1792115390 | Mark Zuckerberg Video Deposition, New Mexico vs. Facebook (October 2026) | https://www.youtube.com/watch?v=C7UC2ie0XIE | https://news.ycombinator.com/item?id=50112818 | 0 comments

1792606082 | Meta Ordered to Pay $25B for Deceiving Users on Privacy | https://www.nytimes.com/2026/10/21/technology/meta-penalty-n... | https://news.ycombinator.com/item?id=50185129 | 3 comments

1792606390 | Meta Ordered to Pay $25B for Deceiving Users on Privacy | https://www.nytimes.com/2026/10/21/technology/meta-penalty-n... | https://news.ycombinator.com/item?id=50185196 | 5 comments

1792606479 | Meta fined $25B for 'lies' over user data privacy | https://www.bbc.com/news/articles/cqdr8zxrr3dxo | https://news.ycombinator.com/item?id=50185218 | 2 comments

1792610780 | Meta hit with $25B penalty for deceiving users about privacy on Facebook | https://nmdoj.gov/press-release/the-new-mexico-department-of... | https://news.ycombinator.com/item?id=50186215 | 2 comments

1792613845 | Meta Reports Third Quarter 2026 Results | https://investor.atmeta.com/investor-news/press-release-deta... | https://news.ycombinator.com/item?id=50187025 | 1 comment

1792682061 | Court reduces Meta's fine from $219B to $25B | https://qazinform.com/news/court-reduces-metas-fine-from-219... | https://news.ycombinator.com/item?id=50196555 | 0 comments