Santa Clara County filed a civil lawsuit against Meta Platforms (NasdaqGS:META), alleging the company knowingly facilitates and profits from scam advertising that uses AI tools to target vulnerable users. The complaint claims these scam ads have contributed to billions in consumer losses and seeks to test the limits of platform liability for paid content. At the same time, Meta faces a cluster of shareholder proposals ahead of its annual meeting, calling for more disclosure on child safety,...
