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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 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 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 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
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,
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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.
ET Now on MSN
2h
Meta Unveils Mandatory Fraud Checks In Australia, To Curb Investment-Related Scams | Business News
Meta has announced the implementation of mandatory fraud checks in Australia in order to tackle investment-related scams. This move aims to curb the prevalence of fake celebrity endorsements. The ...
TipRanks on MSN
6d
Australia Bans Social Media for Kids Under 16, Impacting Meta Platforms (META) and Others
Australia has passed a new law that bans social media for children under age 16, citing harms to young people’s mental health ...
2d
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 ...
8d
Google, Meta urge Australia to delay bill on social media ban for children
Google and Meta said in their submissions that the government should wait for the results of an age-verification trial before ...
1d
on MSN
Tech firms criticize Australia’s ‘rushed’ social media ban for kids
Last year, France passed legislation that requires children under 15 to get a parent’s permission before getting a social ...
5d
on MSN
Australia passes social media minimum age law, cracking down on app use by kids under 16
Australia approved on Thursday a social media ban for children aged under 16 after an emotive debate that has gripped the ...
6d
on MSN
Australia social media ban for under-16s approved by both houses of parliament
Australia's full legislature has now passed a bill that will soon ban children under the age of 16 from using most social ...
CCN on MSN
2d
Australia’s Big Tech Rules to Mirror EU’s DMA—Focus on App Stores and AdTech
The Australian government plans to introduce new competition rules for Big Tech companies. The proposed regulation resembles ...
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