financetom
Business
financetom
/
Business
/
Market Chatter: Meta Ordered by Singapore to Tackle Government Impersonation Scams on Facebook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Meta Ordered by Singapore to Tackle Government Impersonation Scams on Facebook
Sep 3, 2025 3:52 AM

06:38 AM EDT, 09/03/2025 (MT Newswires) -- Meta Platforms ( META ) has been instructed by Singapore police to implement anti-scam measures on Facebook to combat advertisements, accounts, profiles, and business pages impersonating key government officials, Reuters reported Wednesday, citing Goh Pei Ming, Singapore's Minister of State for Home Affairs.

The social media giant could face a fine of up to 1 million Singapore dollars ($775,800) if it fails to comply with the order, the news agency reported.

Meta didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Acelyrin Cuts Workforce, Deprioritizes Former Lead Drug Izokibep
Acelyrin Cuts Workforce, Deprioritizes Former Lead Drug Izokibep
Aug 14, 2024
On Wednesday, Acelyrin Inc. ( SLRN ) confirmed that it was completing a 33% reduction in its workforce. On June 30, the Agoura Hills, California-based company had $635.2 million in cash, cash equivalents, and short-term marketable securities. The cash runway extends to mid-2027. “Consistent with our commitment to disciplined capital allocation, we have decided to focus our efforts toward rapidly advancing lonigutamab...
Atlantic American Shares Rise After Q2 Results
Atlantic American Shares Rise After Q2 Results
Aug 14, 2024
12:32 PM EDT, 08/14/2024 (MT Newswires) -- Atlantic American ( AAME ) shares were up over 5% in recent trading Wednesday after the company reported Q2 results. The company booked a Q2 loss of $0.04 per share, swinging from an income of $0.08 a year earlier. Revenue for the quarter ended June 30 was $47.7 million, down from $49.2 million...
Apple to Let Third Parties Use iPhone Payment Chip for Transactions
Apple to Let Third Parties Use iPhone Payment Chip for Transactions
Aug 14, 2024
12:32 PM EDT, 08/14/2024 (MT Newswires) -- Apple ( AAPL ) said Wednesday that starting with iOS 18.1, developers will be able to offer contactless transactions from within their own apps on iPhone, separate from Apple Pay and Apple Wallet. Using the new [near-field communication] and [Secure Element] APIs, developers will be able to offer in-app contactless transactions for in-store...
Why Are Nano Nuclear Shares Trading Higher Today?
Why Are Nano Nuclear Shares Trading Higher Today?
Aug 14, 2024
Nano Nuclear Energy Inc. ( NNE ) shares are trading higher on Wednesday. According to Benzinga Pro, Nano Nuclear Energy ( NNE ) stock gained more than 52% in the past year. On Wednesday, Rwanda announced an agreement with the company, to advance nuclear energy development through mini-reactors in the East African nation, reported Barron’s. According to the Rwanda Atomic Energy...
Copyright 2023-2026 - www.financetom.com All Rights Reserved