this post was submitted on 06 Nov 2025
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Meta is earning a fortune on a deluge of fraudulent ads, documents show (www.reuters.com)
submitted 22 hours ago by RandAlThor@lemmy.ca to c/technology@lemmy.world
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Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show. And the social media giant internally estimates that its platforms show users 15 billion scam ads a day. Among its responses to suspected rogue marketers: charging them a premium for ads – and issuing reports on ’Scammiest Scammers.’

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[–] bluGill@fedia.io 17 points 21 hours ago

I don't understand why legitmate companies are not in arms over this. When that many ads are scams your customers will learn that facebook ads are scams and not buy from you either. Fool me once...