00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Meta said Monday it removed around 10 million Facebook profiles, according to CNBC.
00:07The company's crackdown aims to make the Facebook feed more relevant and authentic
00:11by removing accounts that engage in spammy behavior, including AI-generated content.
00:17Meta is introducing stricter measures to promote original posts
00:20from creators as part of its effort to improve content authenticity.
00:24The company also acted against about 500,000 accounts for inauthentic behavior
00:28by demoting comments and limiting content distribution to reduce monetization.
00:33The move coincides with CEO Mark Zuckerberg's announcement of major AI investments,
00:39including a new supercluster slated for next year.
00:42The action comes as platforms like YouTube also move to limit monetization
00:46of repetitive, low-quality content.
00:48For all things money, visit Benzinga.com.
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