Meta fined NT$10 million by Taiwan's Ministry of Digital Affairs over scam ads
Taiwan's Ministry of Digital Affairs (MODA) issued two fines of NT$5 million each to Meta on August 14 for failing to label AI-generated advertisements and failing to remove scam ads within the required timeframe. Meta has faced a total of six fines amounting to NT$28.5 million. Legislator Lai Shyh-bao criticized the penalties as insufficient, citing data showing that 91.77% of scam messages originate from Meta, and announced plans to propose legislation requiring foreign advertising platforms to establish local branches in Taiwan.
Summaries are written by AI from the original article. Not investment advice.