KimPerales, 🚨"Looting The Internet:
Last wk, #Meta revealed (in a motion tried to dismiss: FTC anti-mon. lawsuit) that IG made $32.4B in 2021 ad rev. -shocking -consider #Google's YouTube made $28.8B -same period. App made ~30% of Meta's entire rev. in the early part of 2022. 96% of Meta's $40.1B Q4 2023 rev. came from ads +made >$100B since 2021 -likely to continue -only thing these platforms care about is rev.⬆️. In America, 83% of adults use YouTube, 68%: IG: 47%."
#AI #Antitrust https://www.wheresyoured.at/the-great-looting-of-the-internet/
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