Nearly half of Meta finance ads targeting U.S. users were flagged high-risk amid rising social media investment scam concerns ...

Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, ...

Santa Clara County has become the latest entity to sue Meta over scam ads on Facebook and Instagram. The lawsuit, brought by ...

Social media giant Meta expected about 10 percent of its 2024 revenue, roughly $16 billion, to come from running ads for scams and banned goods, according to internal projections reported by Reuters.

A lawsuit from the Consumer Federation of America accuses Meta of misleading consumers about its efforts to combat scams advertisements on its platforms.

Meta is being sued by a California prosecutor alleging that the tech giants is knowingly facilitating and profiting billions of dollars from scam ads on its social media platforms.

The latest lawsuit against Meta was filed in Washington, D.C. by the Consumer Federation of America, a nonprofit association of more than 200 organizations that represent consumer interest. The ...

Meta's after-hours shares jumped after a strong quarterly earnings report - Copyright AFP/File INA FASSBENDER Meta's after-hours shares jumped after a strong ...

The watchdog Consumer Federation of America alleges in a new lawsuit that Meta Platforms misleads Facebook and Instagram users about the risk that they will encounter scams, and by "knowingly ...