Meta's Scam Ads Account for 10% of 2024 Revenue, Say Reports
TL;DR
Former Meta employees Rob Leathern and Rob Goldman are launching a nonprofit to combat scam ads flooding social media platforms, aiming to increase transparency and reduce deception in the digital ecosystem.
- Scam Ads Are Flooding Social Media. These Former Meta Staffers Have a Plan WIRED
- Meta reportedly projected 10% of 2024 sales came from scam, fraud ads CNBC
- Meta is earning a fortune on a deluge of fraudulent ads, documents show Reuters
- Meta projected 10% of 2024 revenue came from scams and banned goods, Reuters reports Sherwood News
- Scammy Ads Generated an Estimated 10% of Meta’s Revenue in 2024 The Information
Want the full story? Read the original reporting
Read on WIRED