Senators Demand Meta Be Investigated For Billions In Profits From Facebook Scams
U.S. Sen. Richard Blumenthal (D-Conn.) and U.S. Sen. Josh Hawley (R-Mo.) have called for an investigation and regulatory action against Meta Platforms, Inc. (NASDAQ:META) over its alleged profiting from fraudulent advertisements on its platforms.Benzinga reached out to Meta, but did not receive an immediate response. META stock is moving. Watch the price action here. Citing reports from Reuters that revealed internal company documents, the senators alleged Meta earns billions — potentially as much as $16 bi ...