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Reuters' Jeff Horwitz analyzes leaked memos that reveal that: 10% of Meta revenue comes from scam ads, and; Meta knows it, and; decided not to stop about it, because; the fines for facilitating life-destroying fraud are less than the revenue from helping destroy users' lives:

reuters.com/investigations/met…

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2025/11/08/fae…

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This entry was edited (5 days ago)

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With enough money, a fine just becomes a fee or cost of business
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*ORGANISIERTE KRIMINALITÄT BEI #META?!?!

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👉#Meta geht davon aus, dass 10 % seiner Einnahmen im Jahr 2024 aus Anzeigen für Betrugsmaschen und verbotene Waren stammen
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👉...den Nutzern täglich 15 Milliarden betrügerische Anzeigen zeigen...👈

reuters.com/investigations/met…

#BUNDESKRIMINALAMT: "#OrganisierteKriminalität ist die von #Gewinn- oder #Machtstreben bestimmte planmäßige Begehung von #Straftaten, die einzeln oder in ihrer Gesamtheit von erheblicher Bedeutung sind,...

in reply to Cory Doctorow

Would it not be great if they did to the book what they did to 'MaBell? split it and kick them in the arse so hard their teeth (and Zuuk) fall off. Jail, consequences and fines are not too much to ask.

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in reply to Cory Doctorow

When companies grow too big, legal penalties become simply the cost of doing business…

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in reply to Cory Doctorow

$16 billion!!! There should be a 100% tax on that revenue. + Penalties

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in reply to Cory Doctorow

So many scams on Instagram. I think I may have gotten scammed just 4 days ago. Let's see if my product actually arrives. There is ZERO oversight apparently. These were Swedish dish towels. Extra charges were added (30% tax?) and the web site looks extremely phony when I visited it to complain. I've been scammed before on Instagram. Will I learn? Those towels looked great though. 😆
in reply to Viss

@Viss "The documents further note that users who click on scam ads are likely to see more of them because of Meta’s ad-personalization system, which tries to deliver ads based on a user’s interests"

Ethics? What ethics?

reuters.com/investigations/met…

@Viss
in reply to Cory Doctorow

Hard to believe that Mark "They 'trust me'. Dumb fucks" Zuckerberg would sink so low 🙃.

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in reply to Cory Doctorow

We should be so fortunate to turn shit into gold. It would be a trick to play on them, wouldn’t it?
in reply to Cory Doctorow

@lottajg Your income and promotions at Meta are partially based on how you have improved the income of the company. You don't get promoted at Meta by reducing revenue. It's not just an issue at the individual level, but at the group level. Those projects will always have the lowest priority. And things at the bottom of the list never get done.

They also know they have a huge false positive problem with reporting content as bad when it's not. But fixing it always ends up at the bottom of the list.

That's what happens when you believe you can measure the worth of someone using just numbers and algorithms.

in reply to Cory Doctorow

I swear, someday they'll sell DVD compilations of crap-tastic YouTube ads for snake oil cures.

Saw one earlier which promised to reveal the secret of using honey to reverse memory loss. The accompanying video shows a guy putting two squares of aluminum foil is boiling water.