Facebook is gearing up to be 'losing money on running political ads,' says Zuckerberg

Last updated: 05-03-2018

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Facebook is gearing up to be 'losing money on running political ads,' says Zuckerberg

One of the more striking assertions made by Facebook CEO Mark Zuckerberg at Tuesday's annual Off the Record conference in Menlo Park, California, is that the social network is gearing up to lose money on poltiical advertising. (Off the Record is actually on the record and was hosted this year by The Information, Quartz and BuzzFeed.) Recode's Peter Kafka writes that, Facebook is spending so much money hiring moderators to review political ads that it will cancel out the revenue those ads gene...


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