New Mexico asks a judge to order Meta to pay up to $40B after a jury found it willfully deceived customers, in what could be the biggest US court penalty ever (KRQE)

New Mexico’s request for a record-setting $40B penalty against Meta underscores how severe the financial and reputational consequences can be when regulators believe a platform has misled users. For CIOs and technology leaders, the case is a reminder that data practices, product claims, consent flows, and customer communications are now material enterprise-risk issues that can trigger major legal exposure and force changes in governance, compliance, and executive oversight.