Australia, Meta

Meta cracks down on scammers with tougher financial ad rules in Australia
Meta is implementing new verification requirements for financial services advertisements in Australia to address the growing issue of 'celeb-bait' scam ads.
Meta tightens ad rules to curb financial scams aimed at Australians
The move comes after Meta in October said it took down 8,000 so-called "celeb bait" ads, as part of an effort with Australian banks to curb the scams that use images of famous people to trick consumers into giving money to fake investment schemes.
Meta tightens financial ad rules to combat scams in Australia
In its latest bid to combat scams, social media company Meta is rolling out stricter rules for advertisers. The new rules are aimed at addressing the rising number of financial scams targeting Australian users and are set to roll out in early 2025.
Meta introduces anti-scam ad measure in Australia, where a A$50 million fine is threatened, but not NZ
Meta, the owner of Facebook, Instagram and WhatsApp, has announced a new measure it says will protect its Australian users against financial scams. Before running financial services ads, advertisers will be required to verify their beneficiary and payer information,
Meta Implements Stricter Ad Rules in Australia to Combat Financial Scams
Meta Platforms, the parent company of Instagram and Facebook, has introduced enhanced regulations for advertisers of financial products and services in Australia. The new measures aim to curb the spread of scams on its platforms,
Meta Tightens Financial Ad Rules in Australia to Combat Rising Social Media Scams
Meta Platforms has introduced stricter ad regulations for financial products in Australia, aiming to curb scams. Advertisers must now verify credentials, including financial licenses, to ensure transparency and
Australia Urges ‘High Risk’ Label for OpenAI, Meta, and Google LLMs
Popular tech company AI models lack transparency in training data, Australian Senate Select Committee reports.
Meta wants to build a $10B subsea cable spanning the world
Meta is reportedly exploring building its own subsea cable network worth $10bn+, but we’re waiting on more details.
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Meta hits back at Australia’s social media ban for under-16s
Meta, the parent company of Instagram, WhatsApp and Facebook, has expressed concerns over the approval of a new bill in ...
Google, Meta Urge Australia to Delay Bill on Social Media Ban for Children
SYDNEY (Reuters) - Google and Facebook-owner Meta Platforms urged the Australian government on Tuesday to delay a bill that ...
Meta, TikTok, Google Slam Australia’s Under-16 Social Media Ban
Global tech giants including Meta, TikTok and Google have heavily criticized Australian legislation to ban children under 16 ...
Meta plans to build $10B globe-spanning undersea internet cable: report
Meta is expected to annoounce its plan to lay over 25,000 miles of fiber optic cables under the sea, which could cost more ...