Meta, the parent company of Facebook, Instagram and WhatsApp, reportedly earned about 10% of its 2024 revenue from ads promoting scams and prohibited goods. That’s equivalent to about USD 16 billion ...

“Sociable” is the latest commentary on important social media developments and trends from industry expert Andrew Hutchinson of Social Media Today. Yeah, this seems bad. According to a new report from ...

Internal documents have revealed that Meta has projected it earns billions from ignoring scam ads that its platforms then targeted to users most likely to click on them. In a lengthy report, Reuters ...

Meta projected about $16 billion in revenue would come from ads for scams and banned goods. Internal docs estimate 15 billion “higher-risk” scam ads are shown daily. An internal review concluded it’s ...

Meta internally projected late last year that it would earn about 10% of its overall annual revenue – or $16 billion – from running advertising for scams and banned goods, internal company documents ...

SAN FRANCISCO - Japanese regulators last year were upset by a flood of ads for obvious scams on Facebook and Instagram. The scams ranged from fraudulent investment schemes to fake celebrity product ...