Meta Dismisses Reported Facebook Scam as 'Looks Fine to Us' Despite Trillion-Dollar Resources
By
Ben Rothke
Summary
The article criticizes Meta (Facebook's parent company) for failing to take security and fraud seriously, despite being a trillion-dollar corporation with vast resources. The author reports a personal experience of reporting a scam on Facebook, only to receive an automated response from Meta stating the content "looks fine." The piece argues that Meta's business model profits from fraud and that the company deliberately underinvests in security measures, prioritizing engagement and ad revenue over user safety.
Source
bskyMeta Dismisses Reported Facebook Scam as 'Looks Fine to Us' Despite Trillion-Dollar Resourcesmedium.comKey quotes
· 3 pulledOver the past few years, I've argued that Facebook doesn't take security seriously and that it doesn't take fraud seriously either.
Meta Platforms is one of the world's largest technology companies. With a market capitalization exceeding $1.5 trillion, annual revenue topping $200 billion, nearly 80,000 employees, and more than 3 billion daily users across its family of apps, Meta has resources that most organizations can only dream of.
I Reported a Facebook Scam. Meta Reported Back: 'Looks Fine to Us'
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