Meta Rejects Claims of Profiting from Scam Ads, Calls Reports “Selective View”
KUALA LUMPUR — Meta has denied claims that it profited from online scams, calling leaked reports alleging billions in fraudulent ad revenue a “selective view.” A company spokesperson said Meta actively combats scams, noting such content is undesirable for users, advertisers, and the platform itself, NST reported.
Reuters previously reported that around 10% of Meta’s global revenue, or US$16 billion, came from scam-linked ads. Malaysian authorities are taking the matter seriously, with Communications Minister Datuk Fahmi Fadzil noting potential local impact of over RM250 million. The Malaysian Communications and Multimedia Commission (MCMC) has summoned Meta for clarification and is reviewing takedown requests.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Malaysia Aviation Group plans to use Khazanah Nasional funds to expand its aircraft fleet by…
In February, the US trade deficit grew to USD57.3 billion, less than expected, with increases…
Public Investment Bank values MTT Shipping and Logistics Berhad at RM1.23, citing a 10x PER…
VS Industry Bhd faces substantial losses in the Philippines due to supply chain disruptions and…
Trump fires Attorney General Pam Bondi, appoints Todd Blanche interim chief; Democrats welcome move, citing…
The author reflects on the pressures of the SPM exam in Malaysia, recognizing that true…
This website uses cookies.