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by parsimo2010
1943 days ago
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It won’t cause Facebook to go bankrupt (less well-targeted ads can still be sold but aren’t worth as much), but it will meaningfully impact them. Most high level Facebook employees have significant amounts of Facebook stock. Even the implication that Facebook’s ad revenue will decrease is going to lower their stock price. So of course they are going to try to prevent this change- if it becomes permanent they are taking a hit to their retirement savings. If Android follows suit (not guaranteed but iOS and Android often converge on features within a few versions of each other), then they are going to take another hit. Executives want to prevent this change in the interest of their personal wealth. While I welcome the change as an iOS user (for privacy with my other apps, I don’t even have a Facebook account) I can understand why Facebook is coming out hard against the change. |
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Google might be incentivized to do it, as doing so would harm the effectiveness of other ad networks without affecting their own (as long as the user has a Google account)