By Jeff Horwitz Feb 4 (Reuters) - U.S. Senators Ruben Gallego and Bernie Moreno have introduced anti-scam legislation requiring social media platforms to vet their advertisers. The bipartisan bill, ...

Internal documents reviewed by Reuters suggest that Meta Platforms has quietly turned scam advertising on Facebook and Instagram into a multibillion dollar business line, even as the company publicly ...

Rob Leathern and Rob Goldman, who both worked at Meta, are launching a new nonprofit that aims to bring transparency to an increasingly opaque, scam-filled social media ecosystem. When billionaire ...

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 ...

Meta projected about $16 billion in revenue would come from ads for scams and banned goods. Internal docs estimate 15 billion “higher-risk” scam ads are shown daily. An internal review concluded it’s ...

Meta's internal documents reveal that approximately 10% of the company's 2024 revenue—around US$16 billion—originates from fraudulent and prohibited advertisements, raising concerns over Meta's ...

“Sociable” is the latest commentary on important social media developments and trends from industry expert Andrew Hutchinson of Social Media Today. Yeah, this seems bad. According to a new report from ...

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 ...

Feb 4 (Reuters) - U.S. Senators Ruben Gallego and Bernie Moreno have introduced anti-scam legislation requiring social media platforms to vet their advertisers. The bipartisan bill, called the ...

The Safeguarding Consumers from Advertising Misconduct Act, ​or the SCAM Act, would require social media platforms to take ...