Search results for "Cambridge Analytica"

Meta Faces Over $22 Billion Income Hit Due to Child Safety Settlement

Meta's Q3 2026 earnings reveal a $9.89 billion payment towards a child safety settlement, impacting its operating income by over $22 billion. Despite this, the company reported robust revenue growth of 26 percent year-over-year. Meta faces further legal challenges, including a $25 billion penalty from a New Mexico court related to the Cambridge Analytica scandal.