Live by the ad, die by the ad Facebook was this week kneecapped for being a one-trick revenue pony in pretty much only selling ads based on skifing (local slang for taking things without permission) our personal details. Facebook's underwhelming financial report was due to Apple increasing privacy in its products, making Facebook less attractive to ad agencies. One estimate* is that 70% of the loss of ad revenue was due to Apple's hardening of privacy, which, over time, Apple will make more stringent. And so for Facebook, this will not be a one-time drop, which the stock market noted... Read more →
Recent Comments