The lawsuit repeatedly cites an article by Reuters last month that revealed how Meta internally projected that 10% of its ...
SAN FRANCISCO - For a week in November, Facebook and Instagram featured ads that showed cash and cryptocurrency raining down on a man at his computer. The ads asked viewers if they wanted to make a ...
Mark Zuckerberg’s Meta knows Chinese scammers are bilking users out of billions of dollars – but has allowed them to keep operating rather than risk its profits, according to an explosive report. In ...
In a nutshell: Meta has faced several controversies over the years, including the misuse of private data for political profiling, failing to stop the spread of fake news and hate speech, and ignoring ...
A sweeping Reuters investigation has put a price tag on Meta’s tolerance for ad fraud: billions of dollars a year. For Rob Leathern, a former Meta executive who led the company’s business integrity ...
Meta, the parent company of Facebook and Instagram, calculated that over $3 billion of its Chinese-funded ad revenue came from scams. Around 19% of the money generated by advertising from Chinese ...
Meta’s Chinese advertisers were found to be defrauding users of Facebook, Instagram, and WhatsApp globally, and despite being aware of this, the company did not take substantial steps to address the ...
Ed Silverman, a senior writer and Pharmalot columnist at STAT, has been covering the pharmaceutical industry for nearly three decades. He is also the author of the morning Pharmalittle newsletter and ...
Researchers at the Paul Scherrer Institute PSI have achieved a breakthrough on the path to practical application of lithium ...
“Meta’s advertising business was thriving in China, ultimately reaching over $18 billion in annual sales in 2024, more than a tenth of the company’s global revenue. Meta calculated that about 19% of ...
Meta Platforms has invested heavily in AI and plans to ramp up spending even more in 2026. These AI investments have drawn comparisons to Meta's costly metaverse venture. The key difference is that ...
Dec 18 (Reuters) - Austria's Supreme Court has ruled that ‌Meta's personalised advertising model is unlawful, ‌the court said on Thursday, requiring the company to provide EU users full access to ...