Meta knew Chinese ads were scams, kept money
Meta made over $3 billion last year from Chinese advertisers pushing scams, illegal gambling, and pornography—and when an internal team started making progress against the fraud, Mark Zuckerberg had them disbanded.
According to Reuters, Meta's Chinese ad revenue more than doubled between 2022 and 2024, from $7.4 billion to $18.4 billion. — Read the rest
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