IBOV 204,116.29 ▼ 1.15% IPSA 10,746.44 ▼ 2.18% IPC MEX 70,249.54 ▲ 1.43% MERVAL 3,017,221 — — COLCAP 2,529.36 ▼ 1.21% BVL PERÚ 59,561.23 ▼ 4.00% USD/BRL5.04▲ 0.22% USD/MXN18.72▲ 0.17% USD/CLP985.00▲ 0.34% USD/COP3,174▼ 0.21% USD/PEN3.44▲ 0.14% USD/ARS1,527▲ 0.08% USD/UYU40.09▲ 3.18% USD/PYG5,709▲ 2.85% USD/BOB11.70▲ 3.25% USD/DOP61.13▲ 0.05% USD/CRC453.45▲ 3.10% USD/GTQ7.64▲ 3.21% USD/HNL26.87▲ 3.36% USD/NIO36.62▲ 0.04% USD/VES882.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.63% EUR/BRL5.65▲ 0.25% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 204,116.29 ▼ 1.15% IPSA 10,746.44 ▼ 2.18% IPC MEX 70,249.54 ▲ 1.43% MERVAL 3,017,221 — — COLCAP 2,529.36 ▼ 1.21% BVL PERÚ 59,561.23 ▼ 4.00% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, October 22, 2026

Brazil Business

Meta Fined US$25 Billion; No Pay for Brazil

By · October 22, 2026 · 6 min read
Mark Zuckerberg in a blue sweater with a lapel microphone against a deep blue background
Meta chief executive Mark Zuckerberg, whose company was ordered to pay the penalty. File photo, 2019. (Photo: Anurag R Dubey, CC BY-SA 4.0, via Wikimedia Commons)
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BRAZIL · TECH

Key Facts

  • The country Brazil is Latin America’s largest country and one of the biggest markets for Meta’s apps, with about 147 million monthly WhatsApp users in 2025.
  • What happened A New Mexico judge ordered Meta to pay a US$25 billion civil penalty on Wednesday 21 October 2026 in a privacy case.
  • The numbers The jury counted 43,899,725 violations of the state’s consumer protection law, so the penalty works out to about US$569 for each violation.
  • Meta’s reply Meta’s chief legal officer says the company expects to win on appeal, and the judge has not yet ruled on changes to its conduct.
  • The Brazil link The money goes to the state of New Mexico, and the order sets no compensation for users in Brazil or any other country.
  • Still open Whether Meta will file its appeal, and how it would pay, is still open.
  • Power Index Brazil ranks 1st of 14 in The Rio Times Latin America Power Index, with 75.0 points (October 2026 edition).

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A New Mexico judge ordered Meta, owner of Facebook, Instagram and WhatsApp, to pay a US$25 billion civil penalty on Wednesday 21 October, Exame reported. The Meta fine stems from a privacy case tied to the Cambridge Analytica data scandal, and the company says it will appeal.

Brazil matters because it is the second-largest market for WhatsApp, with about 147 million monthly users, according to Statista figures cited by Forbes Brasil. Brazilian users get no money from this ruling, but the case revives a scandal that already led to a fine in Brazil.

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What the New Mexico Judge Decided

Judge Francis Mathew of New Mexico’s First Judicial District Court set the penalty after a jury found Meta liable on 25 September, Exame reported. The state sued under its Unfair Practices Act, a consumer protection law that bars false or misleading statements to customers.

Exame reported that interest of 15% a year will run on the Meta fine until it is paid. No payment date has been reported.

The jury found that 26 of 29 statements Meta made about user privacy were false or misleading, according to the Albuquerque Journal. Exame reports 43,899,725 violations, counted per statement and per audience, so one person can appear in several counts.

The law allows up to US$5,000 per violation, which would have meant about US$219 billion, Courthouse News reported. The judge set the Meta fine at US$25 billion instead, about US$569 for each violation, after saying due process calls for a much smaller fine.

How Cambridge Analytica Fits In

Cambridge Analytica was a political consultancy that used Facebook data to build voter profiles and target messages to them. In April 2018 Facebook estimated that data on up to 87 million people had been improperly shared with the firm.

The case goes beyond that leak to Facebook’s privacy statements, third-party data access, and handling of disinformation and hate speech, Exame reported. Judge Mathew found that Meta made false promises about user control of data and kept access open for favored partners.

What the Fine Means for Meta’s Finances

Meta’s quarterly filing with US regulators shows US$64.6 billion in revenue and US$9.86 billion in net income for the three months to 30 September 2026. The Meta fine equals about two and a half quarters of that profit, and 39% of one quarter’s revenue.

The same filing shows US$11.2 billion in cash and US$71.2 billion in marketable securities at 30 September. No payment date has been reported, and Meta says it will appeal first.

What It Means for Brazil

Brazil is the second-largest market for WhatsApp, with about 147 million monthly users, according to Statista figures cited by Forbes Brasil in May 2025. Exame notes that the Meta fine sets no compensation for users in Brazil or any other country.

Brazil’s consumer protection department fined Facebook R$6.6 million (about US$1.3 million at 5.02 reais to the US dollar) in December 2019 over the same scandal. Facebook had said data on 443,000 Brazilian users reached Cambridge Analytica, and that 2019 fine was a tiny fraction of the New Mexico penalty.

Federal prosecutors also sued Meta in Brazil on Wednesday 21 October over account bans and reach cuts, four days before the presidential runoff. They ask for a fine of R$500,000 (about US$99,500) for each account, every day Meta fails to comply.

Meta denies political bias and blames technical incidents for problems with boosting content favorable to President Luiz Inácio Lula da Silva. The New Mexico ruling is a separate US case and has no legal effect in Brazil.

Dense high-rise towers of São Paulo seen over the green canopy of Ibirapuera Park under a hazy sky
The São Paulo skyline rising behind Ibirapuera Park, with Avenida Paulista, the city’s financial and tech corridor, in the distance. File photo. (Photo: Sérgio Valle Duarte, CC BY 3.0, via Wikimedia Commons)

What It Means for US Readers

For US investors, the Meta fine puts a price on privacy promises: one state court produced about two and a half quarters of profit. Meta says it will appeal, so the final cost depends on higher courts.

For US users, no payment follows, because the money goes to New Mexico and the judge has not yet ordered changes to data handling. For readers following Latin America, the case shows a US state court reaching a company with 147 million WhatsApp users in Brazil.

What Is Not Known

It is not known when Meta will file its appeal or whether a higher court will cut the Meta fine. The judge has also not decided whether to order changes to Meta’s conduct, such as new privacy rules.

No payment plan or reserve for this case has been reported. It is also unclear whether other US states or other countries could bring similar claims.

Frequently Asked Questions

Why was Meta fined US$25 billion?

A New Mexico jury found that Meta made false or misleading statements about user privacy, in a case tied to the Cambridge Analytica data scandal. Judge Francis Mathew then set a US$25 billion civil penalty on Wednesday 21 October 2026.

Will Brazilian users get any of the money?

No, the Meta fine is payable to the state of New Mexico. Exame reports that the order sets no individual compensation for users in Brazil or any other country.

Can Meta appeal the ruling?

Meta’s chief legal officer, CJ Mahoney, says the company expects to win on appeal. The judge has also left open whether to order changes to Meta’s conduct.

Is this the same as the 2019 US privacy settlement?

No, the New Mexico case is separate from the US$5 billion settlement with the Federal Trade Commission announced in 2019. Exame notes that this settlement related to the violation of an earlier privacy order.

How many people did the Cambridge Analytica leak affect?

In April 2018 Facebook estimated that data on up to 87 million people worldwide had been improperly shared with Cambridge Analytica. The New Mexico violation count is a different measure and should not be confused with the number of victims.

Sources: Exame (citing Reuters), Meta recebe multa de US$ 25 bilhões nos EUA em caso ligado à Cambridge Analytica, 22 October 2026; Albuquerque Journal, report on the New Mexico penalty hearing, 1 October 2026; Courthouse News, Facebook faced with massive penalties after New Mexico privacy verdict, October 2026; Meta Platforms, Form 10-Q for the quarter ended 30 September 2026 (SEC), Quarter to 30 September 2026; Tecnoblog, report on the Brazilian Facebook fine in the Cambridge Analytica case, 30 December 2019; Forbes Brasil, O que fez do WhatsApp um fenômeno das mensagens, 2 May 2025.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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