How many billions would it take for Meta to feel the sting?

PLUS: Overheard in Silicon Valley this week.

■ In this week’s Backchannel: Meta got hit this week with its biggest fine yet, the latest in a mounting pile of court-ordered payments.

How many billions would it take for Meta to feel the sting?

Earlier this week, a New Mexico judge ordered Meta to pay a $25 billion fine for violating consumer protection laws dating back to the Cambridge Analytica scandal. $25 billion is a massive fine, the largest Meta has ever faced, but it still had us folks at WIRED wondering: Would Meta even feel the pain?

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