Listen again · In Conversation
Economy and Work: Meta’s $25 billion New Mexico order
· 3:54 · With Maya and Omar
Omar is our columnist for the economy and work. We’re looking at a New Mexico jury decision and a judge’s order that could have a major cost for Meta, the company that owns…
Transcript
Vocabulary in this episode
- liable
A jury found Meta liable for more than 43 million violations of New Mexico consumer-protection law.
Here, Meta is legally responsible for breaking the law.
- liable
The $25 billion is the amount Judge Mathew ordered Meta to pay New Mexico after the jury found the company liable.
Here, the jury decided that the company was legally responsible.
- consumer-protection law
A jury found Meta liable for more than 43 million violations of New Mexico consumer-protection law.
This is a law designed to protect people who buy or use products and services.
- content moderation
The case concerned Facebook privacy and content moderation.
This means managing material that users post online.
- Content moderation
Content moderation means how a platform handles material users post, including what it allows or removes.
It is how a platform decides what user posts to keep or take down.
- content moderation
This is a New Mexico decision tied to particular claims about Facebook privacy and content moderation.
Here, it means managing and deciding what user posts can appear on Facebook.
- third party
New Mexico’s case focused on accusations about a personality quiz made by a third party.
A third party is a person or organization outside the two main sides being discussed.
- targeted ads
The firm used the data to make targeted ads.
These are advertisements aimed at particular people, based on information about them.
- settlement
Forty-eight other states signed an $18 billion settlement with Facebook in August.
A settlement is an agreement that ends a legal dispute without a trial decision.
- settlement
The $25 billion order is larger than that $18 billion settlement.
Here, it means the agreement made between Facebook and the states to end their legal dispute.
- settlement
The $18 billion was part of a settlement signed by 48 states.
Here, a settlement is an agreement made to resolve a legal dispute.
- privacy breach
The agreement released Meta from future liability related to that privacy breach.
A privacy breach is an event in which private information is wrongly accessed, shared, or used.
