Home Gadgets Meta Projected $16 Billion Earnings from Fraudulent Ads on Facebook, Instagram in...

Meta Projected $16 Billion Earnings from Fraudulent Ads on Facebook, Instagram in 2024: Report

57

Meta Platforms is said to have projected that 10.1 per cent of its 2024 revenue would come from ads for scams and banned goods. As per a report, some of the tech giant’s practices and failures allowed fraudulent ads to run on its umbrella of apps like Facebook, Instagram, and WhatsApp. It is reported to have been hesitant to remove accounts, including the ones consi…Meta Platforms is said to have projected that 10.1 per cent of its 2024 revenue would come from ads for scams and banned goods. As per a report, some of the tech giant’s practices and failures allowed fraudulent ads to run on its umbrella of apps like Facebook, Instagram, and WhatsApp. It is reported to have been hesitant to remove accounts, including the ones consi…