Meta allegedly rakes in billions from scam ads in China as anti-fraud team gets shut down

Behind the glossy interface of Facebook and Instagram, millions of people fell prey to scams, illegal gambling, and pornography last year—while Meta quietly pocketed billions. According to a recent story from Reuters, Chinese advertisers alone contributed more than US$3 billion (S$3.87 million) in 2024, with nearly one in five dollars coming from content that broke […]