Meta Must Rein In Scammers — or Face Consequences

Meta, nan largest societal media institution successful nan world, knowingly makes billions from scam ads, caller reporting connected nan institution says. According to soul documents revealed by Reuters, users of Facebook, Instagram, and WhatsApp spot 15 billion ads a time promoting scams, from clone Trump stimulus checks to deepfakes of Elon Musk hawking cryptocurrency. The institution reportedly knows this; Reuters said that its ain spot and information squad estimated that one-third of scams successful nan US progressive a Meta platform. So why hasn't Meta done more? Perhaps because these ads are apparently highly profitable, to nan tune of $7 cardinal US aliases much a year.

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Read nan afloat communicative astatine The Verge.