Facebook scams surged as $794M in losses spark lawsuit against Meta

The Consumer Federation of America has sued the tech giant, alleging it failed to protect users from ads tied to fraud while profiting from them.

Meta Is Sued Over Scam Ads on Facebook and Instagram

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

Meta pulls Facebook ads recruiting for social media addiction lawsuits

The Facebook owner recently lost a landmark social media addiction trial in California ...

Blackburn, Klobuchar slam Mark Zuckerberg for banning law firm ads for victims of social media addiction: ‘Disturbing’

Sens. Marsha Blackburn (R-Tenn.) and Amy Klobuchar (D-Minn.) blasted Meta’s Mark Zuckerberg on Friday over the tech giant’s ...

Meta Rules Social Media Ad Revenue: 70 Percent for Facebook, Instagram

Facebook, Instagram, YouTube, and TikTok "capture over 90 percent of social media advertising revenues," an Omdia analyst tells the StreamTV Europe gathering in Lisbon.
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Meta scam ad lawsuit alleges company profited billions while misleading users

A new lawsuit against Meta claims it profited billions from scam ads while misleading users about its efforts to fight ...

Meta failed to protect social media users from scam ads, lawsuit alleges

The Consumer Federation of America accused Meta of allowing scam advertisements to "proliferate on its platforms." ...
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Meta expands AI ad tools and tests new Facebook features

Meta has rolled out AI-powered advertising tools globally, simplified conversion tracking, and added new creative options across its platforms. Facebook is also experimenting with interface changes, ...
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AI-Driven Ad Pricing Could Push Meta Toward $1,000

Meta Platforms (NASDAQ:META | META Price Prediction) just delivered one of the strongest quarters in its history, yet the ...