Facebook says iOS privacy changes will cost $10 billion, shares plunge

[iMore.com]

Facebook shares plunged Wednesday after the company announced it had missed its revenue target for Q4, and that Apple's iOS privacy changes would cost the firm some $10 billion.

Full story from the iMore Blog...

 

[Just_Me_D]

Boo Hoo…if Apple’s privacy changes caused them to lose 10 billion dollars it’s safe to assume they were making a heckuva lot more mining customer data.

 

[Annie_M]

Boo Hoo…if Apple’s privacy changes caused them to lose 10 billion dollars it’s safe to assume they were making a heckuva lot more mining customer data.

I never knew I was so valuable!

 

[vimagreg]

Actually I thought it would be more. FB must have found some way to circumvent these privacy settings by now...

 

[FFR]

Guess this is why iOS is the platform for privacy.

 

[Annie_M]

Guess this is why iOS is the platform for privacy.

My thoughts, exactly!

 

[Lee_Bo]

One word:

Waaaaaaaaaaaaaaaaaaaaa!

 

[Wotchered]

Oh dear, how awful !

 

[Ledsteplin]

I don't mind Facebook having my data, but I would expect compensation for it. It is, after all, my data. Still get ads though. It was a bit unnerving, seeing ads on Facebook of items I had viewed on Amazon.

 

[imwjl]

Oh dear, how awful !

I'd probably need know more to understand that. I realize some poorly informed people probably lost some value there but for a while now people have been opting for or towards privacy. Being shocked by the drop a few social media firms have had is a little but like having property in a flood plain and denying the risks.

I don't mind Facebook having my data, but I would expect compensation for it. It is, after all, my data. Still get ads though. It was a bit unnerving, seeing ads on Facebook of items I had viewed on Amazon.

At a high level you can improve that privacy element with a Facebook setting I think is called off site or cross-site. There are some tutorials out there on the settings. There are Apple specific steps you can take too that can be additive for better privacy - private relay and the burner address feature.

 

[Ledsteplin]

I'd probably need know more to understand that. I realize some poorly informed people probably lost some value there but for a while now people have been opting for or towards privacy. Being shocked by the drop a few social media firms have had is a little but like having property in a flood plain and denying the risks.



At a high level you can improve that privacy element with a Facebook setting I think is called off site or cross-site. There are some tutorials out there on the settings. There are Apple specific steps you can take too that can be additive for better privacy - private relay and the burner address feature.

I don't see what you refer to. Seems Meta has made it difficult to manage your data. There is no place in the Facebook Settings like there used to be. I have tracking toggled off for apps in Settings > Privacy > Tracking. That seems to work.

 

[imwjl]

I don't see what you refer to. Seems Meta has made it difficult to manage your data. There is no place in the Facebook Settings like there used to be. I have tracking toggled off for apps in Settings > Privacy > Tracking. That seems to work.

It appears they've made an effort for this to be more transparent.

https://www.facebook.com/off-facebook-activity

 

[FFR]

Actually I thought it would be more. FB must have found some way to circumvent these privacy settings by now...

More then you get on android .

Circumvent it . Your posts are hilarious.

 

[Ledsteplin]

It appears they've made an effort for this to be more transparent.

https://www.facebook.com/off-facebook-activity

I call that Damage Control.