The penalty, one of the largest levied against the tech giant, stemmed from a lawsuit by New Mexico claiming the social media company had misled users about their data privacy.

The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.

A wave of disinformation online contributed to a surge of migrants in the Spanish enclave of Ceuta who were trying to reach Europe, resulting in about 90 deaths.

The flaw, which Meta said it had fixed, allowed anyone to take over accounts using a bug in the company’s new artificial intelligence software.

The changes, after Meta’s legal losses in two child safety cases, are aimed at limiting harmful content shown to teenagers on Instagram, Facebook and Messenger.