U.S. lawmakers are demanding an aggressive federal investigation into META after explosive reports allege the company ...

Senators Richard Blumenthal and Josh Hawley call for an investigation and regulatory action against Meta over its alleged ...

A Reuters report, citing internal Meta documents, found that the company knowingly makes billions of dollars from scam ...

In a significant setback for the Federal Trade Commission (FTC), the U.S. District Court for the District of Columbia ruled in favor of ...

The Federal Trade Commission (FTC) has lost its long-running suit contending that Meta Platforms monopolized a “personal social networking” ...

U.S. senators Josh Hawley and Richard Blumenthal have asked the heads of the Federal Trade Commission and the Securities and Exchange Commission to probe Meta Platforms, following a Reuters report ...

The lawmakers say Meta's platforms may be implicated in "about a third of all US scams" and linked to more than $50 billion in consumer losses last year.

Sens. Josh Hawley (R-Mo.) and Richard Blumenthal (D-Conn.) sent a letter to regulators on Saturday, requesting an investigation into Meta for allegedly profiting from fraudulent ...

Meta, believed to have earned $16 billion in scam ad revenue in 2024, could be facing a probe from the FTC and SEC.

"The longer the case takes, the more that intervening developments in the sector can disrupt your theory of harm," said Bill ...

Meta defeated a federal antitrust challenge as U.S. District Judge James Boasberg ruled the company does not hold a monopoly in social media. The decision allows Meta to retain ownership of Instagram ...

"The FTC and SEC should immediately open investigations and, if the reporting is accurate, pursue vigorous enforcement action where appropriate to force Meta to disgorge profits, pay penalties, and ...