#andy stone

"Regulatory Theater": Meta Created 'Playbook' To Obscure Scam Ads From Regulators, Avoid Forced Verification Last month Reuters revealed that roughly 10% of Meta's annual revenue, or $16 billion, comes from advertising scams and banned goods - as the company only bans advertisers when

The $16 Billion Question Haunting Mark Zuckerberg A new study finds Facebook hosts the vast majority of social media scams, and critics argue it is because Meta prioritizes profit over protecting users, according to the New York Post. Internal documents obtained by Reuters show Meta

Inside Meta's $16 Billion Scam Ad Economy Internal Meta documents reveal that the company expected to make about 10% of its 2024 revenue—roughly $16 billion—from ads promoting scams and banned goods, according to a new expose from Reuters.  The files show that Meta knew for years

Meta Freezes Hiring In AI Division Weeks after reports that Meta was offering $100 million signing bonuses to poach OpenAI talent, it turns out the social media giant's chatbot ambitions aren't panning out so well - as the company has frozen hiring in its artificial intelligence

Senators Call For Probe Into Meta After News Report On AI Conversations With Children Authored by Jacob Burg via The Epoch Times (emphasis ours), Two Republican Senators on Aug. 14 called for a congressional investigation into Meta Platforms, Facebook’s parent company, after a