What do people who own social media platforms gain from it and how? Where do they get the revenue from? I know that ads make up some part of it but is the revenue generated from ads enough?

  • Sir_Kevin@lemmy.dbzer0.com
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    5 months ago

    The amount of money Meta makes from ads is absurd! You would not believe how much companies are paying each day.

    • mikael@lemmy.ml
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      5 months ago

      In 2024, Meta (formerly Facebook Inc) generated over 160 billion U.S. dollars in ad revenues.

      Statista