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Rhode Island Sues Meta in First US State Lawsuit Over Scam Ads

huggingnews.com

Rhode Island has filed a lawsuit against Meta, alleging the company's AI-driven ad optimization tools enabled fraudulent advertisements, with internal estimates citing 15 billion high-risk scam ads displayed daily and projected 2024 revenue from scams reaching approximately $16 billion.

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  1. SOURCEmarketbrief.now
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