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New Mexico seeks massive penalty from Meta after jury found tech giant liable for endangering children
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. The New Mexico Department of Justice is seeking nearly $1 billion from Facebook parent Meta after a New Mexico jury last month found the tech giant liable for endangering children and misleading the public about the safety of its platforms. Following last month's verdict, Meta was ordered to pay the maximum civil penalty allowed by law — $5,000 per violation — for breaching the state's Unfair Practices Act, totaling $375 million. A recent filing asked the court to force Meta to pay $953 million into a fund that would support public education and behavioral health work, according to a report from SourceNM. New Mexico Attorney General Raúl Torrez previously argued executives chose to "put profits over kids’ safety," disregarded warnings from their own employees, and lied to the public about what they knew. Torrez alleged Meta's specific design choices enabled pedophiles and predators to sexually exploit children on its platforms. He added the company intentionally designed its apps to addict young users, exposing them to dangerous content promoting self-harm and eating disorders. Read On The Fox News App The state's requested abatement amount was dropped more than 90% from its initial demands. A Meta spokesperson told Fox News Digital that throughout the trial, the New Mexico Attorney General "continued his misguided strategy of proposing mandates that would risk leaving teens less safe, infringe on parental rights and stifle free expression." Click Here To Download The Fox News App "Even the judge noted those mandates could be an "overreach," the spokesperson said. "The State’s case ignores the hundreds of apps teens use daily and fails to provide scientific or legal justification for their demands of Meta. We remain committed to providing safe, age-appropriate experiences and have already launched many of the protections the state seeks, including 13 safety measures this past year." Original article source: New Mexico seeks massive penalty from Meta after jury found tech giant liable for endangering children