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Meta faces nearly $1B in fines

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Overview
Highlights
 · 1d
Meta Officially Ruled a ‘Public Nuisance,’ Judge Orders It to Pay $567 Million
Meta’s legal troubles and bills continue to pile up.

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 · 1d · on MSN
Judge orders Meta to pay $567 million in New Mexico child safety case
 · 18h
Meta faces nearly $1B in fines in landmark child safety case
 · 13h
A New Mexico Judge Ordered New Child Safeguards for Meta. Advocates Hope Other Courts Follow
In a landmark ruling against Meta, a New Mexico judge likened the company’s social media platforms to factories.

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 · 1d
Meta Ordered to Pay $567 Million in New Mexico Child Safety Case
CNET · 1d
Meta Ordered to Pay $567M in New Mexico Child Exploitation Lawsuit
 · 1d
Meta fined $567m in largest child safety ruling against social media giant
Judge Biedscheid compared Meta to a factory, with advertising and content as its product and "the psychological harm and sexual exploitation of children to be the pollution that must be abated".

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 · 20h
New Mexico attorney general hopes Meta ruling leads to Big Tech review. Here’s what to know
 · 1d
NM vs Meta ruling

AI, Meta

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 · 1d
Meta says its AI model hacked another company, adding to worries about bots going rogue
Meta on Thursday said that one of its artificial intelligence models accessed the internet on its own and hacked another company, the latest in a series of disclosures about AI models going rogue

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 · 2d · on MSN
Meta says its AI hacked another company during cybersecurity test
 · 1d
Meta AI model got internet access during cybersecurity test
1d

Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico

A judge in New Mexico ordered Meta to pay $567 million into an abatement fund after a jury ruled the company violated the state’s unfair practices act.
Futurism on MSN
4h

Meta Caught Paying Nazis to Post on Facebook

We did see that coming. The post Meta Caught Paying Nazis to Post on Facebook appeared first on Futurism.
21hon MSN

Explainer - How could New Mexico's $567 million ruling change Meta?

By Dietrich Knauth Aug 7 (Reuters) - A New Mexico state court ordered Meta Platforms, owner of Facebook and Instagram, to make major changes to its platforms and pay the largest sum yet in a growing wave of U.
1d

Meta ordered to pay $567 million in New Mexico case

Meta has been ordered to pay $567 million to fund youth mental health services in New Mexico in the final phase of a child safety trial. Meta lost the lawsuit in March when a New Mexico jury found the social media company liable for misleading consumers about the safety of its platforms and endangering children.
1d

New Mexico court orders Meta to pay $567M, overhaul teen protections on Facebook and Instagram

A New Mexico court ordered Meta to pay $567 million and implement sweeping new protections for teens using Facebook and Instagram.
1d

Meta ordered to pay $567M to address kids’ mental health online

The new penalty is in addition to the $375 million in civil penalties that jurors ordered against Meta, the parent company of Facebook and Instagram, in March.
13hon MSN

A New Mexico judge ordered new child safeguards for Meta. Advocates hope other courts follow

In a landmark ruling against Meta, a New Mexico judge likened the company’s social media platforms to factories. The psychological harm to children who use Facebook and Instagram, he said, can be seen as their pollution.
2d

Meta Launches Muse Code, A New AI Coding Agent Powered By Spark 1.2

Meta has launched Muse Code, an AI coding agent in beta, designed to handle entire engineering tasks from planning to checking code.
1don MSN

Meta Ordered to Pay $942 Million to Address Harm to Kids From Social Media

A New Mexico judge ordered the social-media giant to create a new $567 million fund in addition to paying $375 million in previously determined civil penalties.
15h

Insider trades: Microsoft, Meta, Pfizer among notable names

Insider transactions were seen across major firms this week, including Microsoft (MSFT) and Meta (META). The following trades took place between August 3 and August 7. Executives at Microsoft and Meta,
1d

New Mexico Court Orders Meta To Pay Nearly $1 Billion In Landmark Child Safety Case

In the ruling, the judge notes that Meta created a “public nuisance” by being a significant contributor to the state’s teen mental health crisis.
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