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 ...

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 ...

Meta Platforms (META) is facing new scrutiny after a Reuters report claimed the company focused on hiding scam ads from view rather than stopping them at the source. According to internal documents, ...

Meta earns billions of dollars every year from running online advertising for scams and banned goods across Facebook, Instagram and other platforms, new documents have revealed. The tech giant ...

“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 ...

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 ...

The number of scam adverts and less than legitimate product listings on social media platforms certainly seems to have dramatically increased in the last few years, but a new report claims the ...

Last year, Meta projected that 10% of its overall annual revenue — $16 billion — would come from fraudulent advertisements on its apps, according to a report from Reuters. The documents accessed by ...

A new examination of internal company records has raised fresh questions about how much Meta benefited financially from fraudulent advertising, particularly from China-based clients pushing illegal ...

(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 ...