Meta Faces Scrutiny Over Revenue from Fraudulent Ads
Internal documents reveal that Meta is profiting significantly from a surge of fraudulent advertisements across its platforms, with estimates suggesting that approximately 10% of its revenue, equating to around $16 billion, is derived from scam ads and questionable clients. Former employees have proposed strategies to combat this issue, as the company comes under increasing scrutiny for its role in allowing high-risk scam advertisements. Reports indicate that the social media giant is capitalizing on a deluge of misleading ads, raising concerns about its ethical practices.
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