The lawmakers say Meta's platforms may be implicated in "about a third of all US scams" and linked to more than $50 billion ...
NewsNation on MSN
Senators want FTC, SEC to probe alleged social media scam ads
Hawley, a Republican, and Blumenthal, a Democrat, expressed skepticism about Meta’s efforts to combat illicit advertising.
Meta likely made more money from fraudulent advertising in the UK last year than the entire news industry made from ...
Straight Arrow News on MSN
Senators want FTC, SEC investigation into Meta making billions on scam ads
A Reuters report, citing internal Meta documents, found that the company knowingly makes billions of dollars from scam ...
It follows a Reuters report about the social media giant's revenue from ads on Facebook and Instagram that promote scams and ...
Meta, believed to have earned $16 billion in scam ad revenue in 2024, could be facing a probe from the FTC and SEC.
Internal company documents reveal that Meta projected earning approximately 10% of its 2024 revenue (roughly $16 billion) ...
Meta reportedly earns billions from scam ads despite claiming to crack down on fraud. Users see it everyday when they log on.
In a letter sent to the heads of the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC), the ...
Apple’s App Store and Google Play list dozens of holiday-themed apps so children can video chat live with Santa, light the ...
Scammers are using AI to create fake retailer websites, phishing emails and deepfake videos that impersonate trusted brands ...
As holiday shopping picks up nationwide, federal agencies are urging consumers to stay alert for an increase in online scams, ...
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