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The Latest Breaking News from Meta

Australia Sues Facebook Owner Meta over Scam Ads

Australia announced Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures. Australia's consumer protection commission said it had started Federal Court proceedings against Meta Platforms for "false, misleading or deceptive conduct" in breach of consumer or securities…

Asharq Al-Awsat

Meta Is Getting Zapped By The ACCC For Scam Ads & Oops, Hope There’s Lawyers In The Metaverse!

Meta Is Getting Zapped By The ACCC For Scam Ads & Oops, Hope There’s Lawyers In The Metaverse!

One person allegedly lost over $650,000 through a scam.

Facebook Parent Meta Gets Sued In Australia Again — This Time Over 'Scam Celebrity Crypto Ads'

An Australian regulator has decided to sue Meta Platforms Inc (NASDAQ: FB), alleging the Facebook parent engaged in false or misleading cryptocurrency advertisements.

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Australian watchdog sues Facebook-owner Meta over scam advertisements

Australia's competition watchdog filed a lawsuit against Facebook owner Meta Platforms on Friday, alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people.

ACCC takes Meta to court over Facebook scam ads depicting Australian identities

Dick Smith, Andrew Forrest among prominent people used on cryptocurrency and other scam ads without approval

The Guardian - AU

‘Untold losses’: Facebook sued for helping scammers impersonate celebs and rip-off users

The ACCC has dragged Facebook to court, accusing it of helping scammers impersonate celebrities, and causing "untold losses" for consumers.

Facebook, Instagram parent company Meta sued over scam ads featuring Dick Smith, David Koch

The consumer watchdog is suing Facebook’s parent company, Meta, alleging it failed to take action against scammers on its social media platform.

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Anti-vaxxers are claiming an outbreak of Japanese encephalitis is really being caused by adverse reactions to Pfizer's vaccine. Here's why that's bunkum

Anti-vaxxers are claiming an outbreak of Japanese encephalitis is really being caused by adverse reactions to Pfizer's vaccine. Here's why that's bunkum

Anti-vaxxers are once again using a Pfizer document to spread misinformation, this week claiming that Japanese encephalitis is a cover-up for adverse reactions to the company's vaccine.

Ireland Fines Meta Platforms $18.6M In Data Breach Probe

Ireland Fines Meta Platforms $18.6M In Data Breach Probe

The Irish government has levied an $18.6 million fine against Meta Platforms (NASDAQ: FB), the parent company of Facebook, for its handling of 12 data breaches that occurred between June 2018 and December 2018.

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 17

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 17

Why Instagram Has Suspended Kanye West's Account

Why Instagram Has Suspended Kanye West's Account

Meta Platforms Inc. (NASDAQ: FB) has suspended the Instagram account of rapper Kanye West for a day after he allegedly violated the platform’s policies on hate speech, bullying and harassment, Variety

Molly Russell’s father slams Facebook’s ‘shameful’ evidence ‘dump’ after inquest delay

Molly Russell’s father slams Facebook’s ‘shameful’ evidence ‘dump’ after inquest delay

Teenager’s inquest had been due to take place in April but has been pushed until September at earliest

The Independent UK

Kanye West Suspended From Instagram for 24 Hours on Policy Violation

Kanye West Suspended From Instagram for 24 Hours on Policy Violation

Kanye West has been suspended from social media network Instagram for 24 hours after the rapper infringed the platform's policy regarding harassment, a spokesperson for its parent firm Meta Platforms Inc (FB.O) said. The platform deleted content sent from the 44-year-old rapper's account that was in violation of its policies…

Asharq Al-Awsat

Facebook Removes More Russia Posts Claiming Children’s Hospital Bombing a Hoax

Facebook Removes More Russia Posts Claiming Children’s Hospital Bombing a Hoax

Facebook on Wednesday removed official Russian posts that falsely claimed reports of Russia bombing a children's hospital in Ukraine were a hoax, a company spokesperson said, even as similar messages appeared on other social media platforms. The misinformation, on Russian Embassy Twitter, Facebook and Telegram accounts, circulated even after Twitter…

Asharq Al-Awsat

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Meta Rolls Out Parental Locks On Virtual Reality Apps, Instagram To Keep A Tab on Teens

Meta Platforms Inc (NASDAQ: FB) is rolling out parental supervision on its Quest virtual reality (VR) headsets.

What helps India’s BJP get lower Facebook rates? Divisive content

BJP’s large following, proxies & polarising content help it game Facebook’s algorithm to get cheap rates.

Meta rolls out parental supervision tools for Instagram

Parents can set time limits and see who’s following their kids. Quest VR parental supervision is coming soon, too.

Metaverse Land Just Sold For $13,288 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $13,288, which is 1.68x the current floor price of 2.979 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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news in one place.

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Virtual Land Just Sold For 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $13,307, which is 1.68x the current floor price of 2.979 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Metaverse Land Just Sold For $20,984 (7 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $20,984, which is 2.65x the current floor price of 2.979 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Asharq Al-Awsat

Meta Rolls Out Parental Supervision Tools on Instagram

Facebook owner Meta Platforms Inc will allow parents to track how much time their children are spending on Instagram and will soon roll out parental supervision features on Quest virtual reality headsets, the company said on Wednesday. The new parental controls are part of Meta's promise to protect children using…

The Guardian - UK

Molly Russell inquest: family frustrated by wait for Instagram data

Start of inquest delayed as family of 14-year-old who killed herself in 2017 await material from Meta

Why Facebook, Pinterest And Roblox Shares Are Rising Today

Shares of several gaming, streaming and social media companies, including Meta Platforms Inc (NASDAQ: FB), Pinterest Inc (NYSE: PINS) and Roblox Corp (NYSE:

Facebook Joins TikTok: What Does The Move Mean For Meta's Growth?

Facebook, the social media platform owned by Meta Platforms (NASDAQ: FB), has signed up for a TikTok account.

The Independent UK

New social media data dump means wait goes on for Molly Russell’s family

The 14-year-old viewed material linked to anxiety, depression, self-harm and suicide before ending her life in November 2017.

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