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This article is very biased against Meta because it fails to mention a very important fact that the editor of the article in my opinion has delibrately missed out and that is Meta announced that there were a number of reasons for the this downturn in revenue, advertisers changing the way they do things, advertisers downsizing, advertisers finding ways to reduce their costs, rival platforms taking away customers, mainly Tik Tok and of course, Apples changes to IOS, but yet MR have only focused on Apple and thus made it appear that Meta's downturn in revenue is all Apple's fault, which it is not.
Yes, it sounded like ad dollars are moving out of their platforms, and the Apple privacy changes compounded that issue.
 
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Reactions: Glideslope
It's good to see Apple protecting the users. I hope that all data and privacy interference will be opt in only in the future and any data transfer will be made transparent to the user including the option to see and erase what is stored. Finally individual private data are taken and made to be somebody else's business and profit. Behind the scenes everything gets connected and users get sort of exploited with not many limits left. This has gone too far for my taste.
 
How long until we start seeing "monopoly" lawsuits that Apple is abusing its competitive position to beat up on poor advertisers?
 
I have deleted my Facebook several years ago. But I have the impression, from friends and news articles, that it's mainly a platform for boomers to be confronted with fox-like fake news stuff to piss them off and increase their platform engagement.
 
The eventual problem Apple and others will have in changing their practices with advertisers is in that how long is it going to be before advertisers start making court claims against Apple and others for interefering with a legitimate business in that they are preventing them from doing legitimate business because as far as I am aware, compaines are not allowed to interfere with the way another company goes about it's legitmate business. Yes I am sure the majority of us can't stand the way advertisers go about their business but at the end of the day, like it or not it is still a legitimate business practice.
 
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Reactions: VulchR
I wouldn't say they shifted blame. Talking about what caused loss or increase of revenues is very regulated by the SEC. They're not allowed to give inaccurate information. So if they're saying it's because of changes Apple made, that's very likely what it is.
You are right, but I think most people's issue here is how it is phrased.

"Apple privacy measures are costing us billions" vs "Apple is preventing us from tracking customers without permission across the web"
 
The eventual problem Apple and others will have in changing their practices with advertisers is in that how long is it going to be before advertisers start making court claims against Apple and others for interefering with a legitimate business in that they are preventing them from doing legitimate business because as far as I am aware, compaines are not allowed to interfere with the way another company goes about it's legitmate business. Yes I am sure the majority of us can't stand the way advertisers go about their business but at the end of the day, like it or not it is still a legitimate business practice.
And in what way is tracking me legitimate? Try to track a person on the street and see how quick you will end with an injunction order!!
 
Translation…

“Apple’s privacy measures is preventing Facebook from stealing 10 billions in 2022”
I see what you mean, but the reality is worse than that: Apple’s privacy measures is preventing Facebook from gaining 10 billions in 2022 from the data it is stealing from his users and from other unwilling people.
 
The eventual problem Apple and others will have in changing their practices with advertisers is in that how long is it going to be before advertisers start making court claims against Apple and others for interefering with a legitimate business in that they are preventing them from doing legitimate business because as far as I am aware, compaines are not allowed to interfere with the way another company goes about it's legitmate business. Yes I am sure the majority of us can't stand the way advertisers go about their business but at the end of the day, like it or not it is still a legitimate business practice.
Apple has no obligation to provide advertisers with the ability to track you
 
No, it doesn't cost them that much. They just didn't make as much money. Yet they still make billions anyway. Puff piece trash as if Facebook was a poor little company.
 
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Reactions: amartinez1660
How long until we start seeing "monopoly" lawsuits that Apple is abusing its competitive position to beat up on poor advertisers?
We already see the lobbyists corrupting the politicians to force sideloading. Apple also has a weakness, their virtue signalling will bite them back hard.
 
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Reactions: amartinez1660
The point that comes across so strongly is that Meta/fb seem to assume (then demand) a right to track users.

That they have been able to do so for so long is the only basis for any such claim. A bit like a person who assaults their spouse every day and are then told to stop. They might rage at the injustice of having change their behaviour, but it never was acceptable.
 
Those users are mostly bots and fake accounts anyway. Almost none of them were real persons. Facebook love these bots to inflate their active users engagement numbers.

All the platforms are doing it. Political bots, troll farms, crypto scams. Crypto bots spam every damn place and the platform owners benefit from the scams so they do nothing. All they care about is growth numbers and they don't give one molecule worth of **** about how much damage it does to society. It's just a big cash grab to concentrate wealth and power in the hands of a dozen VCs and CEOs.
 
Hopefully some combination of factors can cost Facebook $1 trillion in 2022 and this stain on humanity, this absolute cancer that is Facebook can be wiped away. Social media was a huge mistake for society. Sadly, I think a $10 billion hit will not have much of an adverse effect on them.
 
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