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 ...

BANGKOK (AP) — It often starts with a text message asking if you are available on weekends, looking for a part-time job or you get a simple “hello” from an unknown number. Halfway across the world, a ...

Internal documents have revealed that Meta has projected it earns billions from ignoring scam ads that its platforms then targeted to users most likely to click on them. In a lengthy report, Reuters ...

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 ...

Rob Leathern and Rob Goldman, who both worked at Meta, are launching a new nonprofit that aims to bring transparency to an increasingly opaque, scam-filled social media ecosystem. When billionaire ...

Phone scams aren’t the only threat anymore — scam text messages (also called “smishing”) are exploding in frequency and in financial damage. According to recent FTC data, Americans lost over $470 ...