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New Mexico Court Orders Meta To Pay Additional $567M In Child Safety Case

Court Imposes Nearly $1 Billion In Total Penalties

A New Mexico judge has ordered Meta to pay an additional $567 million over allegations that its platforms contributed to social media addiction and harm among children, bringing the company’s total financial penalties in the case to $942 million.

New Restrictions For Young Users

Beyond the financial penalty, the court ordered Meta to introduce a series of changes affecting users under 18 in New Mexico. Under the ruling, like counts should only be visible to minors with parental or guardian approval. Push notifications must also be disabled between 10 p.m. and 7 a.m., while usage should be capped at 90 hours per month, or roughly three hours per day.

The court said “significant numbers of people in New Mexico experience harm from Meta’s products due to risks of sexual exploitation, interference with education, and adverse mental health outcomes.”

Although the judge acknowledged that Meta is not the sole cause of the youth mental health crisis, he concluded that the company’s platforms contribute significantly to the problem. The ruling describes Meta’s impact as a “public nuisance” in New Mexico and requires the company to take steps to address it.

Meta Plans To Appeal

Meta said it intends to appeal the decision. “We work hard to keep people safe on our platforms and have been transparent about the challenges of identifying and removing bad actors and harmful content,” company spokesperson Andy Stone said in a statement. “We remain confident in our record of protecting teens online and will continue to defend ourselves against claims that misrepresent the facts.”

New Mexico Attorney General Raul Torrez welcomed the ruling, accusing the company of prioritising engagement and profit over children’s safety.

“For years, Meta knew its platforms were harming New Mexico’s kids, from feeding a youth mental health crisis to connecting predators with children,” Torrez said. “Today, Meta is paying for that choice. This judgment holds the company accountable for the damage it caused to our children, our families, and our schools, and it forces real changes to how Meta operates in New Mexico.”

Legal Pressure On Meta Continues

The decision follows another legal setback for Meta earlier this year, when a Los Angeles court also ruled against the company over alleged addictive design features.

The social media giant continues to face multiple lawsuits across the United States, including a consolidated federal case in Oakland, California, brought by 33 states, alongside separate legal actions filed by states such as Tennessee.

Cyprus Loan Growth Accelerates To 14% In September

Lending in Cyprus accelerated in September, with the annual growth rate of total loans reaching 14%, up from 11.8% in August. Deposits also recorded a stronger monthly increase, according to the Central Bank of Cyprus (CBC).

Total deposits rose by a net €697.1 million to €60.2 billion at the end of September. Total loans increased by €857.8 million to €29.6 billion, according to the CBC’s October 2026 Monetary and Financial Statistics.

Deposit Growth Strengthens

Deposits recorded a monthly increase of €697.1 million, more than four times the €171.5 million rise in August. However, the annual growth rate remained unchanged at 6.5%.

Deposits held by Cyprus residents increased by €639.9 million. Household deposits rose by €93.8 million, while deposits held by non-financial corporations grew by €373 million. Other domestic sectors contributed a further €173.1 million.

Annual Loan Growth Reaches 14%

Total loans increased by a net €857.8 million in September, compared with €114.6 million in August. The annual growth rate accelerated to 14%, up from 11.8% a month earlier.

Lending to Cyprus residents rose by €470.8 million. Loans to households increased by €52.2 million, while lending to non-financial corporations grew by €110.1 million. Other domestic sectors recorded a larger increase of €308.5 million.

The figures cover deposits and loans held by monetary financial institutions in September 2026.

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