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What Next: TBD | How Meta Profits Off Fraud

Slate News

Slate Podcasts

News, News Commentary, Politics

4.66K Ratings

🗓️ 16 November 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

The parent company of Facebook and Instagram, Meta, doesn’t (just) have a scam problem—with 10 percent of its revenue coming from scam ads, and a third of all successful scams in America using a Meta platform at some point, it’s more an interdependence with scammers. Guest: Jeff Horwitz, tech reporter for Reuters. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

300 sensors.

0:03.0

Over a million data points per second.

0:06.0

How does F1 update their fans with every stat in real time?

0:10.0

AWS is how.

0:13.0

From fastest laps to strategy calls,

0:15.0

AWS puts fans in the pit.

0:19.0

It's not just racing, it's data-driven innovation at 200 miles per hour.

0:24.6

AWS is how leading businesses power next-level innovation.

0:29.6

Mr Speaker, the new autumn budget.

0:34.6

There we go.

0:36.6

Let the dust settle.

0:38.3

Let rumours turn to fact.

0:40.3

Over the past 40 years, we've seen financial curveballs of all shapes and sizes.

0:45.3

But one thing stays the same.

0:47.3

Our experts will continue to filter through the noise,

0:50.3

helping you make the most of your tax allowances.

0:53.3

Hargreaves lands down, helping Britain invest through it all.

0:57.7

Capital at risk, tax rules applying can change.

1:05.1

If you open up Facebook or Instagram and search for, let's say, Elon Musk. The odds are pretty good that you're

1:12.9

going to be served some questionable ads. In which Elon is, you know, offering investment tips or,

1:19.8

you know, giving away Tesla is in a raffle or, you know, wants to like talk to you, person, talk to his fans one-on-one.

1:29.8

That's Jeff Horwitz, a tech reporter for Reuters.

...

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