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.

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

The latest lawsuit against Meta was filed in Washington, D.C. by the Consumer Federation of America, a nonprofit association of more than 200 organizations that represent consumer interest. The ...

The watchdog Consumer Federation of America alleges in a new lawsuit that Meta Platforms misleads Facebook and Instagram users about the risk that they will encounter scams, and by "knowingly ...

Meta Platforms is stepping up its fight against online fraud, unveiling AI-powered tools and ramping up collaboration with international law enforcement to combat scams across its platforms. After ...

Meta's after-hours shares jumped after a strong quarterly earnings report - Copyright AFP/File INA FASSBENDER Meta's after-hours shares jumped after a strong ...

The Consumer Federation of America has filed a lawsuit against Meta, alleging the company knowingly allows high-risk advertisers to run scam ads on Facebook and Instagram rather than banning them, ...

To help better protect users from falling victim to exploitation and scams, Meta has announced parent-linked WhatsApp accounts for pre-teens, as well as new scam-detection tools across its Facebook, ...

It’s a social scam. According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said ...