Meta Platforms (META) shares fell about 1.4% on January 2, after a report raised new concerns about how the company handles scam ads on Facebook and Instagram. The drop followed a Reuters ...

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 ...

Meta altered how scam advertisements appear inside its public ad transparency tools to reduce regulatory scrutiny, according to internal company documents, revealing how platform design choices can ...

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.

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 ...

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 ...

A new examination of internal company records has raised fresh questions about how much Meta benefited financially from fraudulent advertising, particularly from China-based clients pushing illegal ...

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 ...

SAN FRANCISCO - Japanese regulators last year were upset by a flood of ads for obvious scams on Facebook and Instagram. The scams ranged from fraudulent investment schemes to fake celebrity product ...