Srsly Risky Biz: Meta's fraud profit scandal

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

Tom Uren
Tom Uren

Policy & Intelligence

Tom Uren and Amberleigh Jack talk about a new Reuters’ report that reveals how Meta is knowingly raking in cash from scam advertisements. It’s around $16 billion worth, and in documents Meta calculates that it outweighs the costs of possible regulatory action.

They also discuss recent state-backed supply chain attacks that have, so far, remained targeted and responsible. Finally they look at the UK’s decision to stop sharing intelligence with the US about suspected drug boats in the Caribbean.