r/technology • • 7h ago

Social Media Meta Ordered to Pay $25 Billion for Deceiving Users on Privacy

https://www.nytimes.com/2026/10/21/technology/meta-penalty-new-mexico.html
1.3k Upvotes

32 comments sorted by

150

u/asdf_lord 7h ago

The stock is currently up 18 billion dollars today.

39

u/ChangeAccountsBeSafe 4h ago

Its an automated algorithm that steals from Americans šŸ˜†

52

u/Foxcooler 6h ago

Remember when journalists were calling it Meta’s ā€œbig tobacco momentā€ thinking litigation would break them apart?

Oh how naive

11

u/coconutpiecrust 3h ago

Still possible, maybe. Keep pressing on. All we can do in the end.Ā 

5

u/ProcedureHopeful2944 1h ago

At the risk of being downvoted for mentioning Florida, it's the only other state that didn't settle in September. FL attorney general mentioned going after a big Meta settlement for FL. Based on population, that price tag should be 10x NM

58

u/jampf 6h ago

Who sees that money? Far from those that had their privacy violated.

56

u/Centurion_83 6h ago

Lawyers will get the majority and you'll get a check for $7.89 a year from now

22

u/bala_means_bullet 6h ago

You didn't tax that amount. $4.32 after taxes.

23

u/aStonedDeer 6h ago

When do they pay?

What happens to the money?

6

u/blazing_straddles 4h ago

My guess is they appeal the amount, which will get reduced to something like $250M in a few years, and the lawyers get most of it.

11

u/FrotApe 4h ago

The lawyers will get yachts upgrades and their wives will move along with maralago upgrades.

3

u/randomtask 3h ago edited 3h ago

A pufferfish face that has all the visual nuance of a 2nd grader’s art project is not an upgrade. The only reason these women do it is to show obedience to the chauvinistic, patriarchal assholes that have all the money in the world. These billionaires are theoretically capable of doing amazing, helpful, wonderful things for society but all of them accumulated all that wealth by kicking people while they were down and demanding conformity and control while they raked in the cash. The plastic surgery these women get is a physical reflection of their male counterparts’ demand for conformity, control, and unquestioning loyalty.

1

u/YoshiTheDog420 2h ago

Part of the terms of these kinds of settlements should be that the amount won, is the amount given to those who were harmed. Court costs are subsidized and within reason. Not to enrich the admin.

32

u/solobeauty20 6h ago

They were found liable for violating 43 MILLION privacy laws and the attorneys are arguing that a fine of just $581 per law violation is too much?!

Maybe don’t actively violate privacy laws for your own enrichment. The fine (and despicable ā€œsettlementā€ by the other states) is far too low.

Until we actually hold them accountable for the very real harm they are inflicting, they will continue to actively break the law because the fines are so minimal to them that its baked into the cost of them doing business.

0

u/Money-Director6649 1h ago

there are 43 million privacy laws??

19

u/iamacheeto1 6h ago

If I spy on my neighbor, I go to prison. If a corporation spies on a billion people, they get a slap on the wrist.

10

u/Gentleman_Villain 4h ago

Here's how you fix Meta.

Break up the fucking company, and replace Zuk with a corgi as CEO.

5

u/the_blastomatic 3h ago

Make it 1.25T and you have a real punishment.

7

u/bobsonjunk 5h ago

DOJ? Nah… corrupt and bought out.

3

u/Machievelliearoni 5h ago

The biggest monopoly in America.

3

u/According_Gift_7095 4h ago

If a CEO is paying out BILLIONS in multiple jurisdictions, for countless felonies…..it’s time for long jail sentences for all the company’s leadership.

They knew it was illegal, profited and faced no consequence, making more in profit than the fine.

2

u/TunnelingVisions 4h ago

There will never be a fine paid for a crime in which more money was made breaking the law vs paying the fine. Aka worth it*

2

u/Zer0C00L321 4h ago

Should be paying meeeeeee.

2

u/Square-Weight4148 58m ago

How much will the fines be for promoting nazi propeganda anf supporting pedophiles on the run from the law.

4

u/Wrong_Chicken_5916 2h ago

Woohoo! Enjoy your 5 bucks from the settlement lol.

4

u/Aman_Syndai 1h ago

I'd rather have the whole $25 billion go into the states general fund, education might get fully funded for a few years.

1

u/Valuable-Flounder692 4h ago

Colour me shocked, meta denying thieving privacy lol.

1

u/VirginiaLuthier 3h ago

Not $0.01 comes out of Marky's pocket

1

u/osym 2h ago

Who are they paying it to? šŸ¤”

1

u/sanjosedre 1h ago

5mil in someone’s crypto will get them out of it

1

u/Old_Competition3094 18m ago

Needs to be a dollar amount specifically for every user