pinkthermoses t1_iu4fr7f wrote on October 28, 2022 at 2:03 PM

Reply to comment by arcademachin3 in Facebook parent Meta's stock plummets after dismal earnings report. by SUPRVLLAN

What was it that Apple did that fucked over Meta so bad?

arcademachin3 t1_iu4zjdy wrote on October 28, 2022 at 4:18 PM

Someone can explain better than me but they made it so everyday people have to agree to Facebook tracking rather than just by default. Sadly (or not) this change melted facebooks business model.

DxLaughRiot t1_iu5cliv wrote on October 28, 2022 at 5:44 PM

They hide your device ID by default now.

Essentially this means Facebook cannot build up a comprehensive profile on you and sell it to advertising agencies/data brokers/etc without asking you for your permission.

This is meta’s entire business model so it was a huge gut punch.