Australia sues Facebook owner Meta over 'deceptive conduct'

Malaysia News News

Australia sues Facebook owner Meta over 'deceptive conduct'
Malaysia Latest News,Malaysia Headlines
  • 📰 trtworld
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Australia sues Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures

Australia's consumer protection commission has accused Meta of"false, misleading or deceptive conduct" in breach of consumer or securities laws.

Australia has announced it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures. It accused Meta of failing to do enough to stop scam ads for cryptocurrency or money-making schemes, even after being alerted by celebrities who had been misrepresented by similar ads published on Facebook.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

trtworld /  🏆 101. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ireland fines Meta for bad record-keepingIreland fines Meta for bad record-keepingThe decision was announced by the IDPC on Tuesday
Read more »

Meta 'identified and removed' deepfake video of Zelenskyy bowing to Russian demandsMeta 'identified and removed' deepfake video of Zelenskyy bowing to Russian demandsFacebook's parent company Meta “identified and removed” a deepfake video claiming to show Ukrainian President Zelenskyy accepting some of Russia's demands.
Read more »

Meta Removes Deepfake Video of Ukrainian President ZelenskyMeta Removes Deepfake Video of Ukrainian President ZelenskyA deepfake video purporting to show Ukraine’s president issuing a statement he didn't make has been removed from Facebook and Instagram, Meta's head of security policy said Wednesday
Read more »

Australian competition regulator takes Meta to court over fake crypto adsAustralian competition regulator takes Meta to court over fake crypto adsACCC Chair Rod Sims didn’t mince his words as he asserted that Meta stood to gain financially by not removing scam crypto ads, and highlighted the case of one Aussie who lost $650,000.
Read more »

Facebook Parent Sued Over Scam Ads by Australian RegulatorFacebook Parent Sued Over Scam Ads by Australian RegulatorAn Australian regulator is suing Meta Platforms for not doing enough to remove scam ads from Facebook that featured public figures promoting cryptocurrency.
Read more »

OAN owners sue AT&T after it dropped right-wing network, alleging a ‘coordinated political scheme’OAN owners sue AT&T after it dropped right-wing network, alleging a ‘coordinated political scheme’OAN owner Herring Networks could take a more than $1 billion hit from AT&T and DirecTV’s decision not to renew, according to the suit.
Read more »



Render Time: 2025-03-12 05:19:02