Meta sued in Japan over investment ads with fake celebrity endorsements

Japan Today— Four people sued the Japanese arm of U.S. tech giant Meta Platforms Inc on Thursday over false investment ads using fake celebrity endorsements on Facebook and Instagram. The plaintiffs, including those from Kobe and Tokyo, filed the lawsuit with the Kobe District Court, claiming they had lost money because the

朝日新聞デジタル—Japanese arm of Meta sued for fake ads used in fraud schemes | The Asahi Shimbun: Breaking News, Japan News .... KOBE—Four plaintiffs have filed a lawsuit against the platform operator of Facebook and Instagram for running fraudulent ads that duped them into investing in projects they believed were endorsed by noted entrepreneurs.

MediaNama—It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call. Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.

Washington Examiner—Youngkin celebrates $1 billion investment from Google. Gov. Glenn Youngkin (R-VA) thanked Google for a $1 billion investment toward facilities in Virginia. The investment will go toward data centers across the commonwealth, including a center in Reston, where the governor spoke from. It will also open a new campus in Prince William County. “I want to thank Google for believing in Virginia […]