Meta showed users 15 billion “higher risk” scam ads on average each day, according to a document obtained by reuters. We had proof otherwise but meta (probably knowingly) doesn’t give you an option to report any details You can only click on an option saying it’s a scam In one case, facebook’s canned response said they get a lot of complaints and that they didn’t even review that particular profile Meta earns around $7 billion per year from scam ads. Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, and it internally estimates that its platforms show users 15 billion scam ads a day, company documents show.
A bombshell investigation by reuters has uncovered internal documents revealing that meta knowingly profits from scam advertisements on facebook, instagram, and whatsapp to the tune of billions of dollars annually. 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. 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.
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