Santa Clara County filed a civil lawsuit accusing Meta Platforms (NasdaqGS:META) of knowingly enabling and profiting from scam ads on Facebook and Instagram. The case alleges Meta leveraged its AI tools to facilitate fraudulent advertising that targeted vulnerable users and small businesses at scale. The lawsuit seeks broad legal remedies and claims Meta limited enforcement against scam advertisers to protect ad revenue. For anyone following Meta Platforms, this case goes straight to the...