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2024

Bits & Bytes: Meta to face more lawsuits in Japan over fake ads

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Meta Platforms is facing potential legal action in Japan due to fraudulent advertisements that falsely used celebrity endorsements to solicit investments. It is argued that Meta has a responsibility to scrutinize ad content and prevent potentially harmful advertisements from being posted. Meanwhile, Apple and Goldman Sachs have been fined a total of $90 million by US federal regulators for their mismanagement of the Apple Card business. Finally, Starlink terminals have sold out in Harare, Zimbabwe, just two months after receiving regulatory approval.