Techno Posted February 7, 2022 Share Posted February 7, 2022 That's right, if the EU and Facebook doesn't come to a agreement over data and privacy, we could watch Facebook leave Europe. Source:https://www.google.com/amp/s/nypost.com/2022/02/07/facebook-instagram-could-shut-down-in-europe-over-data-transfer/amp/ Link to comment Share on other sites More sharing options...
Reality vs Adventure Posted February 8, 2022 Share Posted February 8, 2022 It looks like facebook is stuck between data privacy and funds from advertisements. Along with Apple’s new privacy update that directly impacts Meta’s loss by $10 billion, and the whistleblower controversy how Facebook profited from misinformation by directing people to link after link of extremism, and now the EU data privacy concerns, are all going to affect Meta going forward. American politics really put Facebook in the crosshairs as a gatekeeper of misinformation. A few high profile republican politicians including Trump were banned from Facebook, while at the same time profiting from other misinformation as claimed by the whistleblower. So they are heading into a collision course to a world that needs more data privacy. Can they stay successful if privacy means that Meta won’t get as much advertising traffic? It’s more than just data privacy that is hurting Meta. Because they have seen their first loss in users, which I believe is partly due to the conservatives who didn’t like the fact that their messiah Trump was banned from Facebook and meanwhile Trump and party have so far unsuccessfully tried to start their own hate filled social media. And investors usually might not be afflicted by politics when it comes to investments, but Meta has a lot going on that contributed to Thursday’s loss. I hate to say that many people have lost confidence in them that aren’t republican which as fate will have it, boosts republican efforts to destroy Meta as their revenge. But many people are losing confidence because of the whistleblower, and Spotify’s recent controversy, as well as Oculus under investigation for antitrust violations. And as far as Spotify, even after Joe Rogan spread misinformation about Covid and used the ’N’ word many times, he was offered a $100 million deal for a Trump-backed site instead. So that shows that Meta is republican’s social media arch enemy, but even then that won't stop them from investing if the profit is good, which wouldn't make sense to invest in something you want to destroy. How Meta responds to all this and recuperate their losses is something I’m not sure of what they will do. Link to comment Share on other sites More sharing options...
Head_Hunter Posted February 8, 2022 Share Posted February 8, 2022 When it comes to privacy it matters alot, everyone simply needs safety, and when the privacy datas are leaked, it becomes a stumbling one. Facebook wouldn't face too much sticks, even if at times they leak some users data for advertisement, it wouldn't cause for big issues. Link to comment Share on other sites More sharing options...
m76 Posted February 9, 2022 Share Posted February 9, 2022 If it's too good to be true, then it probably isn't. Link to comment Share on other sites More sharing options...
Reality vs Adventure Posted February 11, 2022 Share Posted February 11, 2022 Google is facing antitrust violations by the EU because of unfair competition to its ad tech. The European Commission in the EU 'will become the sole enforcer of new tech regulations.' We can expect them to be cracking down more on tech giants to protect consumers which I say is a positive thing in the current EU. Everybody needs to crack down on these tech giant sons of bitches and their monopoly attempts. https://www.exchangewire.com/blog/2021/11/10/eu-commission-google-face-fine-rejected-appeal/ Link to comment Share on other sites More sharing options...
Reality vs Adventure Posted February 16, 2022 Share Posted February 16, 2022 Now Google is adding privacy protection to their Android which will make advertising targeting even harder and will also effect Meta just as Apple did with their new privacy protection. Apple's new privacy update cost Meta $10 billion. We can expect Google to leave a dent too. Right Now Meta is getting eaten up by data privacy concerns. We have to wait and see how they respond to these new changes from the EU, Apple, and Google. https://www.barrons.com/articles/in-new-blow-to-facebook-google-will-make-it-tougher-to-track-consumers-on-android-51645028617?siteid=yhoof2 Link to comment Share on other sites More sharing options...
Techno Posted February 16, 2022 Author Share Posted February 16, 2022 8 minutes ago, Reality vs Adventure said: Now Google is adding privacy protection to their Android which will make advertising targeting even harder and will also effect Meta just as Apple did with their new privacy protection. Apple's new privacy update cost Meta $10 billion. We can expect Google to leave a dent too. Right Now Meta is getting eaten up by data privacy concerns. We have to wait and see how they respond to these new changes from the EU, Apple, and Google. https://www.barrons.com/articles/in-new-blow-to-facebook-google-will-make-it-tougher-to-track-consumers-on-android-51645028617?siteid=yhoof2 Oh it's enough to make a grown man cry. Link to comment Share on other sites More sharing options...
Justin11 Posted February 17, 2022 Share Posted February 17, 2022 Let's see how everything goes, it Google will completely upgrade which gonna make data protection more secured and advertising process being hard to track and so on. Link to comment Share on other sites More sharing options...
Crazycrab Posted February 17, 2022 Share Posted February 17, 2022 I really wish they would leave! Facebook is nothing more than a very useful tool for getting in touch with people you don't wanna talk to. Link to comment Share on other sites More sharing options...