(NewsNation) — Social media giant Meta expected about 10% of its 2024 revenue, roughly $16 billion, to come from running ads for scams and banned goods, according to internal projections reported by ...

Leaked internal documents have revealed that Meta Platforms Inc. (NASDAQ:META) projected a revenue of approximately $16 billion from scam advertisements and banned goods in 2024, which would account ...

Mark Zuckerberg’s Meta makes around 10 percent of its revenue from fake advertisements and blasts 15 billion bogus bulletins into users’ eyeballs per day, leaked documents reveal. Reuters reports ...

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 ...

A new analysis of political advertisers found that the platform profits from ads that include deepfakes and other content prohibited by its own policies. Recent Meta ads have included fabricated ...

TL;DR: A Reuters report reveals Meta knowingly allowed scam ads on Facebook, Instagram, and WhatsApp to generate billions, estimating $16 billion in 2024 revenue from such ads. Internal documents show ...