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The Latest Breaking News from Meta

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.

Pedestrian.tv

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.

Benzinga

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.

Reuters

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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.

The New Daily

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.

ABC News

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.

ABC News

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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.

Benzinga

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

Reuters

Benzinga

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

Benzinga

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 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 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

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.

Benzinga

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Al Jazeera

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.

Input

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.

Benzinga

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.

Benzinga

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.

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

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

Benzinga

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:

Benzinga

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.

Benzinga

Ex-Meta Workers Raise $200M For Crypto Startup From Coinbase, a16z After Departing From Failed Diem Project

Mo Shaikh and Avery Ching, former members of Meta Platforms Inc’s (NASDAQ: FB) Diem cryptocurrency project, have raised $200 million for their new crypto start-up Aptos.

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