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, the parent company of Facebook and Instagram, calculated that over three billion dollars of its Chinese funded ad ...

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 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 ...

Josh Hawley and Richard Blumenthal, two U.S. senators, have asked the FTC and SEC to probe Meta over an estimated $16 billion in scam ad revenue in 2024. A letter from the two to the agencies stated, ...