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fromNewsNation
3 days ago

Senators want FTC, SEC to probe alleged social media scam ads

Earlier this month, Reuters reported internal documents from late 2024 stated Meta expected to earn about 10% of its revenue that year, about $16 billion, from illicit advertising. One document noted Meta earns $3.5 billion in revenue from "higher risk" scam ads every six months. Other documents stated that Meta's anti-fraud rules didn't appear to apply to many ads that regulators and the company's own staff believed "violated the spirit" of its rules against scam advertising.
US politics
Tech industry
fromTESLARATI
1 week ago

Luminar-Volvo breakdown deepens as lidar maker warns of potential bankruptcy

Volvo canceled a five-year lidar contract with Luminar, citing failure to meet contractual obligations, while Luminar faces loan defaults, layoffs, potential bankruptcy, and asset sales.
#applovin
fromAdExchanger
3 weeks ago
Marketing tech

AppLovin Shrugs Off Recent Negative Headlines With A Strong Q3 And Self-Serve Rollout | AdExchanger

fromForbes
1 month ago
Privacy professionals

AppLovin's $40 Billion Meltdown: What's Behind The Crash And What Next

fromAdExchanger
3 weeks ago
Marketing tech

AppLovin Shrugs Off Recent Negative Headlines With A Strong Q3 And Self-Serve Rollout | AdExchanger

fromForbes
1 month ago
Privacy professionals

AppLovin's $40 Billion Meltdown: What's Behind The Crash And What Next

more#applovin
Marketing tech
fromTipRanks Financial
3 weeks ago

APP Earnings: AppLovin Stock Surges on Q3 Earnings Beat, Strong Outlook - TipRanks.com

AppLovin reported stronger-than-expected Q3 results, raised Q4 guidance, expanded its buyback, and stock jumped despite an SEC probe.
#data-collection
more#data-collection
Real estate
fromtherealdeal.com
2 months ago

Rithm in the lead for Paramount takeover

Rithm Capital is set to acquire Paramount Group's 13 million square feet, expanding its commercial real estate holdings amid corporate governance and SEC scrutiny.
Food & drink
fromTasting Table
2 months ago

Why This Once Popular Italian Restaurant Chain Ended Up In Bankruptcy (With Under 50 Locations) - Tasting Table

Buca di Beppo's long-term decline, compounded by pandemic losses, led to numerous closures and a 2024 Chapter 11 bankruptcy with only 44 locations remaining.
US politics
fromtherealdeal.com
3 months ago

Troubled Paramount Group reveals it is under SEC investigation

Paramount Group is being investigated by the SEC for undisclosed payments to its CEO's businesses and related corporate governance issues.
US politics
fromFortune
4 months ago

SEC says prominent Georgia Republican bank boss defrauded 300 investors in $140 million Ponzi scheme

Brant Frost IV ran a Ponzi scheme defrauding 300 investors of $140 million, using funds for personal luxuries and political donations.
Cryptocurrency
fromFast Company
6 months ago

'You got to be really careful what you tie your name to': The Hawk Tuah girl is planning a rebrand

Haliey Welch is rebranding after facing the ups and downs of viral fame, including launching a failed memecoin.
European startups
fromTechCrunch
7 months ago

Faraday Future founder named co-CEO three years after being sidelined by internal probe | TechCrunch

Faraday Future reappoints founder Jia Yueting as co-CEO amid ongoing SEC investigation and internal controversies.
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