A new investigation by Reuters claims that Meta decided to accept high levels of fraudulent advertisements from China on its platforms including Facebook and Instagram to minimize negative impact to its ad revenue according to internal company documents.
Reuters reports that Mark Zuckerberg’s Meta, the owner of Facebook, Instagram and WhatsApp, has been tolerating rampant advertising fraud originating from China in order to protect its billions in revenue from the country. Internal company documents reviewed by Reuters show that Meta identified about 19 percent of its China ad revenue in 2024, amounting to over $3 billion, as coming from ads…
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