Meta Faces a $25 Billion Judgment

A landmark privacy ruling puts Meta under pressure as Spotify launches paid creator memberships, YouTube tests new incentives and Canal+ reports its MultiChoice results.

Today at a GlanceA New Mexico judge has ordered Meta to pay $25 billion over misleading representations about user privacy. The company plans to appeal.Spotify has launched paid podcast memberships in 34 markets, allowing eligible creators to retain 90% of membership earnings, subject to applicable fees and taxes.Canal+ reported a 37.5% increase in nine-month revenue following its acquisition of MultiChoice, although comparable revenue edged lower.YouTube is testing Shorts bonuses and expanding creator shopping incentives and analytics.A $25 billion judgment against Meta has brought another major legal challenge to one of the world's largest advertising platforms. The ruling concerns how Facebook represented its handling of personal data, and its ultimate financial consequences remain subject to appeal.Elsewhere, Spotify is making paid fan memberships part of its podcast business, YouTube is testing new ways to reward Shorts creators, and Canal+'s latest results reveal the difference between growth through acquisition and underlying operating performance.1. Meta Ordered to Pay $25 Billion in New Mexico Privacy CaseA New Mexico judge ordered Meta to pay $25 billion on October 21 aft...