Meta expected to make billions in revenue from scam ads in 2024: Reuters Reuters found that 15B "higher risk" ads reached users each day A Meta spokesperson said the company aggressively fights fraud ...

Meta is making billions of dollars every year from ads marketing scams and illegal products on its platform, according to a new report from Reuters. The report details the staggering numbers behind ...

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 ...

Mark Zuckerberg’s Meta knows Chinese scammers are bilking users out of billions of dollars – but has allowed them to keep operating rather than risk its profits, according to an explosive report. In ...

Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide. Though China's authoritarian ...

Internal Meta documents, reviewed by Reuters, revealed the company expected to earn roughly $16 billion last year from ads promoting scams and banned products, accounting for about 10% of its total ...

Meta, the parent company of Facebook and Instagram, calculated that over $3 billion of its Chinese-funded ad revenue came from scams. Around 19% of the money generated by advertising from Chinese ...