Slate Money Meta’s Instascam Ads
19 snips
Nov 8, 2025 Jeff Horwitz, a technology reporter at Reuters, shines a light on Meta's troubling ad practices, revealing how the platform profits from the prevalence of fraudulent advertisements. He shares insights from internal documents, highlighting the company’s alarming tolerance for scams and low response to user reports. The discussion also navigates the implications of Trump's tariffs before delving into the epic fail of Saudi Arabia's Neom megacity project, laden with absurdity and environmental concerns. Tune in for a wild ride through tech turmoil and political fiascos!
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Tariffs Framed As Regulation, Not Revenue
- The Trump administration told the Supreme Court its tariffs were regulatory, not revenue-driven.
- That stance conflicts with months of public claims that tariffs raise significant revenue.
Court Could Focus On Separation Of Powers
- The Supreme Court may focus on separation of powers and whether only Congress can raise revenue.
- Lower courts found the tariffs illegal on multiple grounds even before constitutional questions.
Prediction Markets Moved With SCOTUS Hearing
- Prediction markets reacted in real time to oral arguments and moved odds on the case.
- Betting has turned Supreme Court hearings into a more engaging spectator event.
