Meta Allegedly Profited by $16B From Scam Ads. US Senators Demand FTC, SEC Probe

The lawmakers say Meta's platforms may be implicated in "about a third of all US scams" and linked to more than $50 billion in consumer losses last year.

Macy is a writer on the AI Team. She covers how AI is changing daily life and how to make the most of it. This includes writing about consumer AI products and their real-world impact, from breakthrough tools reshaping daily life to the intimate ways people interact with AI technology day-to-day. Macy is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. You can reach her at mmeyer@cnet.com.