Report Claims Meta Earned $16 Billion in 2024 from Fraudulent Ads on Facebook and Instagram

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Meta Reportedly Made Billions from Fraudulent Ads Across Facebook and Instagram in 2024

A new report has alleged that Meta Platforms — the parent company of Facebook, Instagram, and WhatsApp — earned a significant portion of its 2024 revenue from fraudulent and prohibited advertisements. According to internal projections, about 10.1 percent of Meta’s total revenue for the year reportedly came from ads linked to scams and banned goods. The findings suggest that certain internal practices and oversight failures allowed these fraudulent ads to remain active on its platforms, despite clear violations of company policy and advertising regulations.

Citing internal company documents, Reuters reported that Meta failed to effectively detect or block deceptive advertising for a range of illegal or misleading products and services. These included fake e-commerce listings, fraudulent investment schemes, unlicensed online casinos, and even banned medical products. The issue reportedly persisted for at least three years across Meta’s major apps — Facebook, Instagram, and WhatsApp — raising concerns about the company’s ad moderation and accountability practices.

The internal projections also claimed that around $16 billion (approximately ₹1.41 lakh crore) of Meta’s total 2024 revenue stemmed from these fraudulent ad sources. The report further alleged that Meta was hesitant to remove or suspend accounts, even those identified internally as “the scammiest scammers.” Executives reportedly feared that taking strict action against these advertisers would lead to a noticeable decline in ad revenue, which could in turn impact the company’s heavy investments in artificial intelligence (AI) development and infrastructure.

These revelations have sparked fresh debate about Meta’s commitment to user safety and transparency in digital advertising. Critics argue that prioritizing profits over consumer protection undermines trust in its platforms, especially as users increasingly encounter scams disguised as legitimate promotions. While Meta has yet to issue a detailed public response to these allegations, the report adds pressure on the company to tighten its ad screening processes and demonstrate stronger ethical oversight in its rapidly expanding AI-driven advertising ecosystem.

Poco F8 Pro Retail Box Leak Reveals ‘Sound by Bose’ Branding, No Charger in the Box

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Poco F8 Pro Retail Box Leak Hints at Bose Audio Partnership and No In-Box Charger

The Poco F8 Pro appears to be nearing its global debut, including a likely launch in India. A recent leak has revealed an image of the smartphone’s retail packaging, hinting at some of its key features and surprising omissions. The upcoming device will succeed the Poco F7 Pro and is rumored to arrive as the global variant of the Redmi K90, which was recently introduced in China. Early reports suggest the handset will feature a 6.59-inch OLED display and be powered by Qualcomm’s flagship Snapdragon 8 Elite SoC, promising top-tier performance.

The leaked image, shared by reliable tipster Abhishek Yadav (@yabhishekhd) on X (formerly Twitter), showcases the Poco F8 Pro’s retail box. One of the most eye-catching details is the “Sound by Bose” branding printed on the packaging. This marks a major new partnership between Poco and Bose, mirroring the audio collaboration seen in Xiaomi’s Redmi K90 series. The association hints at a significant audio upgrade for Poco’s F series, potentially offering more refined sound quality for music, calls, and media playback.

However, the leak also reveals a detail that might disappoint some users — the Poco F8 Pro may not ship with a charger in the box. If accurate, this would be a notable departure from the Poco F7 Pro, which included a 90W fast charger. Interestingly, even the China-exclusive Redmi K90, which the F8 Pro is expected to mirror, includes a charger. Poco could be following a growing industry trend of removing chargers from retail packaging, possibly to reduce electronic waste and packaging costs.

Despite this omission, the Poco F8 Pro is shaping up to be a powerful contender in the flagship killer segment, with premium features and top-end hardware. If the leaks are accurate, the combination of Snapdragon 8 Elite performance, a vibrant OLED display, and Bose-tuned audio could make it one of the most compelling Poco devices yet. With its launch expected soon, fans are eagerly awaiting official confirmation and a first look at the company’s next big release.

Lava Agni 4 Battery Specs Leak Ahead of Imminent India Launch

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Lava Agni 4 Set to Launch on November 20 With Premium Design and Bigger Battery

Lava is gearing up to launch its next mid-range powerhouse, the Lava Agni 4, in India on November 20. The smartphone will succeed the Agni 3 5G, which made its debut in October 2024, and is expected to bring several upgrades in both design and hardware. Unlike its predecessor’s plastic body, the Agni 4 will reportedly feature a premium aluminium frame paired with a sleek glass back, giving it a more sophisticated look and feel. The handset will also include a dual rear camera setup and a new side-mounted Action Button, said to function similarly to Apple’s camera control button introduced on recent iPhone models.

Ahead of its official unveiling, multiple leaks have revealed several key specifications of the upcoming smartphone. According to tipster Debayan Roy (@Gadgetsdata), the Lava Agni 4 will be powered by a 5,000mAh battery, ensuring a full day of use with ease. The device will also support 66W fast charging, marking a notable improvement over its predecessor and allowing users to top up the battery quickly.

Performance-wise, the Lava Agni 4 is expected to run on MediaTek’s Dimensity 8350 chipset, offering better efficiency and performance for multitasking and gaming. The device may also feature LPDDR5x RAM and UFS 4 storage, typically seen in higher-end smartphones, ensuring faster app loading times and smoother overall operation. These specifications suggest that Lava is positioning the Agni 4 as a serious contender in the competitive mid-range 5G smartphone segment.

In terms of photography, leaks suggest that the phone will sport a 50-megapixel main camera accompanied by an ultrawide secondary lens, offering users greater flexibility in capturing different scenes. Combined with its refreshed design, modern features, and powerful internals, the Lava Agni 4 appears poised to be one of the brand’s most refined and performance-focused smartphones yet — signaling Lava’s growing confidence in challenging established global competitors in the Indian market.