EconomyLens.com
No Result
View All Result
Thursday, June 4, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Australian tycoon battles Meta over fake ads

Thomas Barnes by Thomas Barnes
April 17, 2026
in Business
Reading Time: 5 mins read
A A
2
38
SHARES
474
VIEWS
Share on FacebookShare on Twitter

Meta 'systematically' broke advertising rules, a Spanish court found. ©AFP

San José (United States) (AFP) – Australian mining magnate Andrew Forrest is asking a US federal court in Silicon Valley to hold Meta accountable for scam ads using his likeness without permission. Forrest’s legal team is asking a judge to rule that the social media colossus cannot hide behind Section 230 of the Communications Decency Act that spares internet firms from being accountable for content posted by users on its platform.

Related

Thousands protest Jared Kushner-linked resort project in Albania

Airbus tests passenger plane that can fly 22 hours non-stop

UniCredit says increased Commerzbank stake to 34% in hostile takeover

German arms maker Rheinmetall signs 5.7 bn euro deal with Romania

Macron announces 93 bn euros in ‘Choose France’ foreign investments

“This is the first case brought in any court, but in particular in California where a verdict can resonate that says Facebook was never intended to get the benefit of this immunity for their advertising business,” the billionaire’s attorney Simon Clarke told AFP. A hearing Thursday focused on whether Meta wrongly ditched evidence, forfeiting its ability to take shelter behind Section 230, according to Clarke. The judge is expected to rule on Forrest’s motion in the coming weeks.

Meta has countered that the offending marketing messages were not its doing, and that it made reasonable efforts to preserve the desired data. The social media giant is also standing behind Section 230 when it comes to being held to account for what the advertisers posted. Earlier this year, a Los Angeles jury found Meta and YouTube liable for harming a young woman because of an addictive design of their social media platforms, rather than just their content. The jury concluded that Meta and YouTube were negligent in the design and operation of their platforms and that their negligence was a substantial factor in causing harm to the plaintiff, focusing on their business models rather than content.

Forrest’s attorneys are using a similar legal tactic to navigate around Section 230, accusing Meta’s ad business and its tools of being complicit in the creation and distribution of the bogus marketing messages, according to Clarke. Forrest “has been plagued for years by paid ads and sponsored content produced by Meta Ads and run on Meta’s Australian social media platforms, in which he falsely appears to be promoting fake cryptocurrency and other fraudulent financial schemes,” the complaint filed in US District Court argues.

Since 2019, thousands of deceptive advertisements on Facebook have used the likeness of the highly prominent figure in Australia to promote scams, racking up thousands of victims, according to the suit. The billionaire’s legal team argues that Meta’s artificial intelligence tools optimized and personalized fraudulent ads before distributing them, thereby making Meta an active participant, rather than a mere intermediary. Early this month, the Massachusetts Supreme Judicial Court ruled that Section 230 does not protect Meta from the state’s lawsuit concerning Instagram’s design being addictive to children.

© 2024 AFP

Tags: advertisinglawsuitMeta
Share15Tweet10Share3Pin3Send
Previous Post

Luxury group Kering seeks to make flagging Gucci ‘unmissable’ again

Next Post

EU aims to start disbursing new Ukraine loan in second quarter

Thomas Barnes

Thomas Barnes

Related Posts

Business

Universal Music rejects takeover bid from Pershing Square

May 29, 2026
Business

As IPO nears, arms maker KNDS reports booming profits

May 27, 2026
Business

BP ousts chairman over ‘serious’ governance concerns

May 26, 2026
Business

Mango founder’s son says accusation he killed his father ‘unfounded’

May 26, 2026
Business

Toshifumi Suzuki, ‘father’ of Japan convenience stores, dies at 93

May 26, 2026
Business

Slow Food’s ‘visionary’ founder Carlo Petrini dies aged 76

May 22, 2026
Next Post

EU aims to start disbursing new Ukraine loan in second quarter

Spain VP says IMF could recognize Venezuela soon, hastening reengagement

Netflix shares dive as revenue barely beats expectations

Stocks rise as optimism over Mideast war takes hold

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Stocks drop on AI, rate hike worries as Lebanon deal hits oil

June 4, 2026

Indonesian rupiah falls to record low against US dollar

June 4, 2026

Overtaken by Hong Kong in global wealth management, Swiss keep cool

June 3, 2026

Meta lashes Australia’s bid to make tech giants pay for news

June 4, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.