Another social media player sees trouble ahead due to Apple's new anti-tracking privacy measure
We all know by now that . Thus, the iPhone will soon be asking users whether they want to opt-in to be tracked by third-party apps for ads. While most expect the majority of iPhone users not to opt-in, there are some who prefer to receive these ads and consider it a convenience. Still, Facebook has said that it could lose 50% of its advertising revenue because of Apple's privacy feature. Based on its 2020 advertising revenue of approximately $85 billion, that is a pretty large sum to lose. Facebook is taking to court over this and is trying to be the modern version of Paul Revere warning ...
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