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US senators call for probe of scam ads on Facebook and Instagram

by | Nov 24, 2025 | JPost | 0 comments

For the first time, a jury has declared that what Meta described as ‘despicable’ hacking comes at a high cost. (photo credit: YVES HERMAN/REUTERS)
Reuters reported that internal documents from late 2024 stated that Meta expected to earn about 10% of its revenue that year – about $16 billion – from illicit advertising.