Facebook parent Meta on Wednesday posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers. The stronger-thank-expected results followed Google parent Alphabet’s report Tuesday showing a rebound in earnings and
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Hackers Hijack Facebook Business Accounts to Run Malicious Ads
Cybercriminals have been exploiting Facebook business accounts by gaining unauthorized access to them and launching advertising campaigns under the guise of legitimate account owners. As a result, the victims are forced to bear the financial burden of these fraudulent campaigns. Facebook, a widely recognized social
Read MoreFederal government has suspended its advertising on Facebook, Instagram, says heritage minister
Heritage Minister Pablo Rodriguez says the federal government has suspended all of its advertising on Facebook and Instagram as it continues its battle over the Online News Act with tech giants Google and Meta. “Facebook has decided to be unreasonable, irresponsible and started blocking news,”
Read MoreMeta Could Charge EU Users for Ad-Free Instagram and Facebook
Meta could offer subscription versions of Instagram and Facebook in Europe. Ad-free tiers would cost $10.50 on desktop and $14 on mobile, according to the Wall Street Journal. The company is attempting to comply with an EU crackdown on personalized advertising. Loading Something is loading.
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