Recently apple announced a number of privacy changes coming with IOS 14.5, which will ask users when they use an app for the first time whether they want to allow the app to track them across the device as a whole.
Facebook noted this will most likely hurt profits and slow growth somewhat. Revenue from apple users make up a large portion of facebooks overall sales, and apple has a clear history of being a trendsetter.
I’ve even seen some people say this may be the beginning of the end for facebook, which i think is a bit extreme, but it does beg the question:
why hasn’t $FB had a sharp drop recently? They’re a couple percent off ATH as i type this.
Submitted May 03, 2021 at 05:25AM by hatetheproject https://ift.tt/2RlROyA
