Meta’s scam economy

💰 Meta’s scam economy: Get this. Meta’s internal docs say it made up to 10% of its 2024 revenue, about $16 billion, from ads for scams and banned goods. That’s 15 billion sketchy ads blasted at users every day. Instead of banning most of them, Meta sometimes just charges scammers extra. It even has an internal “Scammiest Scammer” leaderboard. You can’t make this up. So much for good corporate citizenship, Mark.