Inside Meta's $16 Billion Scam Ad Economy
Inside Meta’s $16 Billion Scam Ad Economy Internal Meta documents reveal that the company expected to make about 10% of its 2024 revenue—roughly $16 billion—from ads promoting scams and banned goods, according to a new expose from Reuters. The files show that Meta knew for years Facebook, Instagram, and WhatsApp were flooded with fraudulent ads […]
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