Meta to potentially sued for over $7 billion in damages.
Instead of a meme today we bring light of Meta's actions with Facebook and Instagram and it's advertisers. Advertisers are in the process of a class action lawsuit against Meta owing $7 Billion in damages.
Appears their metrics may have been inflated up to 400%!
Part is the claim if for the many fake and bot accounts out there. Facebook and Instagram may have been counting a bunch of them as real users to be advertised to. Thus charging and making much more money from advertisers.
Shall see how this unfolds over time.
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