Meta Rakes in Over $16 Billion on Fraudulent Ads While Users Face a Flood of Misinformation | Report
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Nov 7, 2025, 2:13 am84 pts
The WrapInternal Meta documents reviewed by Reuters revealed that the company projected in late 2024 that it would generate roughly 10% of its annual revenue—about $16 billion—through ads promoting scams and banned products. According to the report, the documents also show that billions of users on company…
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