Meta just got slapped with a $25B fine by a New Mexico court over privacy violations đ
Jury ruled they deceived users on how they collected and protected personal data. This ties back to the Cambridge Analytica scandal.
That's „4 trillion in yen terms. Massive L for Zuck.
Reminder: Web2 giants still playing fast and loose with your data while preaching transparency. This is why decentralized identity and on-chain reputation matter.
Watch how this impacts $META stock and whether it accelerates their pivot to Web3 infrastructure. Regulatory pressure = more reason to explore censorship-resistant alternatives.
Jury ruled they deceived users on how they collected and protected personal data. This ties back to the Cambridge Analytica scandal.
That's „4 trillion in yen terms. Massive L for Zuck.
Reminder: Web2 giants still playing fast and loose with your data while preaching transparency. This is why decentralized identity and on-chain reputation matter.
Watch how this impacts $META stock and whether it accelerates their pivot to Web3 infrastructure. Regulatory pressure = more reason to explore censorship-resistant alternatives.