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Meta’s $16 Billion Secret: How Facebook and Instagram Are Profiting from Scam Ads

Meta’s $16 Billion Secret: How Facebook and Instagram Are Profiting from Scam Ads

The Hidden Fortune Behind Your Feed Meta, the parent company of Facebook, Instagram, and WhatsApp, is quietly earning billions from an unexpected source — fraudulent advertising. Internal company documents reveal that Meta projected around 10% of its annual revenue, or roughly $16 billion, came from ads promoting scams, banned goods, and
Vishakha Singh Nov 6, 2025
UK Tribunal Greenlights $2.7B Antitrust Lawsuit Against Meta Over Data Practices

UK Tribunal Greenlights $2.7B Antitrust Lawsuit Against Meta Over Data Practices

Meta faces $2.7B lawsuit over unfair data collection practices from UK users.
Vishakha Singh Dec 6, 2024
Former Meta Executive Claims Libra's Shutdown Was "100% a Political Kill" by Regulators

Former Meta Executive Claims Libra's Shutdown Was "100% a Political Kill" by Regulators

David Marcus reveals how regulatory pressure led to Meta's failed Libra project.
Vishakha Singh Dec 3, 2024
Google, Meta Criticize Australia’s Rush to Ban Social Media for Kids Under 16

Google, Meta Criticize Australia’s Rush to Ban Social Media for Kids Under 16

Google and Meta urge the Australian government to delay a proposed bill banning social media for children under 16, citing concerns over unclear age-verification requirements and potential impacts. Read on for details on the bill's proposed restrictions and industry response.
Vishakha Singh Nov 26, 2024

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