- During Wednesday’s Senate hearing on Section 230, Facebook CEO Mark Zuckerberg said the company makes a “relatively small” amount from political advertising.
- Both Zuckerberg and COO Sheryl Sandberg have long maintained that political ads are worth less than 1% of the firm’s overall revenue.
- Since May 2018, almost 11 million ads pertaining to politics, election, or social issues have run on the platform, amounting to $2.2 billion in ad spending.
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Facebook CEO Mark Zuckerberg said the company makes a “relatively small” amount from political advertising, an aspect of its business that has brought in $2.2 billion in revenue since May 2018 according to the firm’s own data.
The comment was made during a virtual Senate hearing on Wednesday, an event that was scheduled for lawmakers to grill Google, Facebook, and Twitter’s execs over