Wall Street Journal Summary – Feds investigating Facebook parent Meta over illegal drug sales
Over the Paywall – Good Info News Wire
Key Facts
Meta, the parent company of Facebook, is under investigation by federal authorities regarding whether its platforms are facilitating the sale of illegal drugs. The investigation, led by federal prosecutors in Virginia, involves criminal grand jury subpoenas served last year that request records related to drug content on Meta’s platforms. The company has repeatedly stated that the sale of illicit drugs is against their policies. Meta owns Facebook and Instagram and has engaged external entities to screen advertisers and content that might violate their drug-related rules.
Article Summary
Facebook’s parent company, Meta, is currently under investigation by federal authorities. This probe is focusing on whether Meta’s platforms, including Facebook and Instagram, are promoting the sale of illegal drugs. Federal prosecutors in Virginia have sent subpoenas, served last year, seeking records related to drug content and potential illegal drug sales on Meta’s platforms. In response, a Meta spokesperson asserts that illicit drug sales contravene the company’s policies and they routinely cooperate with authorities to combat such issues. Meta has taken measures to screen advertisers and content that might breach rules about drug promotion and sales. Despite this news, Meta’s stock is still up by almost 40% this year.
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