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1 month agoIn 2024, 10% of Meta’s annual revenue ($16B) was derived from ads for scams or banned goods (Source). Even better, they actually charge a higher price for ads that are automatically flagged as potentially problematic, augmenting the revenue generating capability of, and Meta’s dependence on, these ads. Internal documents also showed that Meta consciously chose a tempered approach to combatting such ads because of the revenue they bring in. But Zuckerberg draws the line at accepting ad revenues from a movie about an awful tech bro. Cool.
Hopefully they aren’t given 10 years to pay it off like the recent $18B fine for harming children.