Facebook, YouTube and Twitter to lose $10 billion over Apple privacy

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Christian Carlos. Pen sula 360 Press [P360P].

The new privacy measures will affect - with an estimated cost of 10 billion dollars in losses - the main companies that offer entertainment services - YouTube, Facebook, Twitter and Snapchat - reported today. The Financial Times.

And Apple has been beefing up privacy features across its ecosystem — the biggest being the iPhone and iPad. Now, in iOS 15, Apple is testing a massive, undetectable privacy barrier that protects its users from being tracked online via a cloud-based private connection for users of an active iCloud+ plan — iCloud’s most premium service.

Apple cleans the web of trackers and other malicious code before it ever touches the iPhone, resulting in near-instant loading times in a process that is transparent to the Safari user.

In addition, Apple, in less than a year, offered its users an update to the iOS and iPadOS operating systems with a new bot to prevent users from being unwittingly tracked. It is speculated that the name change to Meta on Facebook is also due to the fact that Facebook has a bad reputation, since its business is based, in large part, on the sale of user data, and with it, their internet activity, which is used to create a profile of you based on the content you visit and offer you targeted advertising.

Advertising data company Lotame told The Financial Times that between the three companies – Facebook, now Meta, YouTube, Twitter and Snapchat – lost a combined 12 per cent of their advertising revenue in Q3 and Q4 of 2021 as users opted not to allow tracking on their Apple devices.

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