sandysgeek
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Facebook testing new prompt asking users to allow tracking ahead of Apple’s ATT launc
Facebook strikes back against Apple iOS 14 IDFA privacy change
Facebook strikes back against Apple privacy change, prompts users to accept tracking to get ‘better ads experience’
The battle between Facebook and Apple over the upcoming iOS 14 ad tracking transparency (ATT) feature is ramping up. Starting today, Facebook will begin testing its own prompts asking users to allow app and website tracking. That comes ahead of Apple officially rolling the feature out that will give highlight what apps and websites are tracking them and the ability to easily opt-out.
Facebook has been pushing hard against Apple’s iOS 14 ad tracking transparency feature in recent months. It was originally set to debut last year, but Apple postponed the feature so the industry could prepare for what is expected to be a big change.
Last week, the tension between Facebook and Apple reached a new high with Mark Zuckerberg saying that Apple has an “incentive to interfere” with his company and Tim Cook the next day saying that Facebook’s business model leads to “polarization” and “violence.” Further, Facebook is believed to be preparing an antitrust lawsuit against Apple over the upcoming iOS 14 ad tracking transparency feature.
Facebook on Monday will begin urging some iPhone and iPad users to let the company track their activity so the social media giant can show them more personalized ads.
The move comes alongside Apple’s planned privacy update to iOS 14, which will inform users about this kind of tracking and ask them if they want to allow it.
The two companies have been at odds for a decade, and have recently engaged in a heated war of words around these privacy changes. Last week, Facebook CEO Mark Zuckerberg called Apple one of its biggest competitors and said the privacy changes will hurt the growth of “millions of businesses around the world.” The next day, Apple CEO Tim Cook alluded to Facebook in a speech at a data privacy conference in Brussels, saying, “If a business is built on misleading users, on data exploitation, on choices that are no choices at all, it does not deserve our praise. It deserves scorn.”
The battle focuses on a unique device identifier on every iPhone and iPad called the IDFA. Companies that sell mobile advertisements, including Facebook, use this ID to help target ads and estimate their effectiveness.
With a forthcoming update to iOS 14, each app that wants to use these identifiers will ask users to opt in to tracking when the app is first launched. If users opt out, it will make these ads a lot less effective. Facebook has warned investors that these looming changes could hurt its advertising business as soon as this quarter.
Facebook is testing the effects of this update now, before Apple makes it mandatory for all apps early this spring.
As part of this test, Facebook will begin showing some users its own prompts starting on Monday, explaining why it wants to track this activity and asking users to opt in. These prompts will appear on Apple users’ screens immediately before the Apple pop-up appears.
One test version of the Facebook prompt has a bold-faced header asking “Allow Facebook to use your app and website activity?” and claims that Facebook uses that information to “provide a better ads experience.” It will then offer users a choice between “Don’t Allow” and “Allow.” (The precise language and appearance of the Facebook prompt may vary.)
No matter which selection users make on the Facebook prompt, if they choose not to allow tracking on the Apple pop-up, that choice will be final and Facebook will honor it.
My take, Facebook is also hoping to convince users to leave tracking on to “support businesses that rely on ads to reach customers.” a.k.a. Facebook and the billions of dollars it makes; and continues increasing Mark Zuckerberk's net worth
Here's an FYI for you. It's not a secret, or even hidden, How much control Mark Zuckerberk has over Facebook, and his personal worth
Zuckerberg gets most of Facebook’s shareholder votes
Shareholders in stocks of publicly traded companies have a certain set of rights related to that investment, including the right to vote on certain corporate matters, such as members of the board of directors, proposed mergers and acquisitions, or executive pay packages.
In most cases, one share of a stock equals one vote, but not always — including at Facebook.
Facebook has what’s called a “dual class” structure of “Class A” shares and “Class B” shares. The Class A shares are what everyday investors on the regular stock market have access to, and they’re one vote per share. The Class B shares, however, are controlled by Zuckerberg and just a small group of insiders. And every Class B share gets 10 votes.
“Companies like Facebook are basically putting in place a share structure that is a bulwark against management change,” Amy Borrus, the deputy director of the Council of Institutional Investors (CII), a nonpartisan association focused on corporate governance.
That means that whatever shareholders are voting on — typically at Facebook’s annual meeting, usually in May — Zuckerberg and those closest to him are always going to win out. Estimated that Zuckerberg and the group of insiders control almost 70 percent of all voting shares in Facebook. Zuckerberg alone controls about 60 percent.
“Anything that requires a shareholder vote, he gets to ultimately decide whether it’s going to get a majority or not,” Jonas Kron, a senior vice president at Trillium Asset Management, an activist shareholder group with about $2.8 billion in assets under management. “That’s clear as day.”
Facebook strikes back against Apple iOS 14 IDFA privacy change
Facebook strikes back against Apple privacy change, prompts users to accept tracking to get ‘better ads experience’
The battle between Facebook and Apple over the upcoming iOS 14 ad tracking transparency (ATT) feature is ramping up. Starting today, Facebook will begin testing its own prompts asking users to allow app and website tracking. That comes ahead of Apple officially rolling the feature out that will give highlight what apps and websites are tracking them and the ability to easily opt-out.
Facebook has been pushing hard against Apple’s iOS 14 ad tracking transparency feature in recent months. It was originally set to debut last year, but Apple postponed the feature so the industry could prepare for what is expected to be a big change.
Last week, the tension between Facebook and Apple reached a new high with Mark Zuckerberg saying that Apple has an “incentive to interfere” with his company and Tim Cook the next day saying that Facebook’s business model leads to “polarization” and “violence.” Further, Facebook is believed to be preparing an antitrust lawsuit against Apple over the upcoming iOS 14 ad tracking transparency feature.
Facebook on Monday will begin urging some iPhone and iPad users to let the company track their activity so the social media giant can show them more personalized ads.
The move comes alongside Apple’s planned privacy update to iOS 14, which will inform users about this kind of tracking and ask them if they want to allow it.
The two companies have been at odds for a decade, and have recently engaged in a heated war of words around these privacy changes. Last week, Facebook CEO Mark Zuckerberg called Apple one of its biggest competitors and said the privacy changes will hurt the growth of “millions of businesses around the world.” The next day, Apple CEO Tim Cook alluded to Facebook in a speech at a data privacy conference in Brussels, saying, “If a business is built on misleading users, on data exploitation, on choices that are no choices at all, it does not deserve our praise. It deserves scorn.”
The battle focuses on a unique device identifier on every iPhone and iPad called the IDFA. Companies that sell mobile advertisements, including Facebook, use this ID to help target ads and estimate their effectiveness.
With a forthcoming update to iOS 14, each app that wants to use these identifiers will ask users to opt in to tracking when the app is first launched. If users opt out, it will make these ads a lot less effective. Facebook has warned investors that these looming changes could hurt its advertising business as soon as this quarter.
Facebook is testing the effects of this update now, before Apple makes it mandatory for all apps early this spring.
As part of this test, Facebook will begin showing some users its own prompts starting on Monday, explaining why it wants to track this activity and asking users to opt in. These prompts will appear on Apple users’ screens immediately before the Apple pop-up appears.
One test version of the Facebook prompt has a bold-faced header asking “Allow Facebook to use your app and website activity?” and claims that Facebook uses that information to “provide a better ads experience.” It will then offer users a choice between “Don’t Allow” and “Allow.” (The precise language and appearance of the Facebook prompt may vary.)
No matter which selection users make on the Facebook prompt, if they choose not to allow tracking on the Apple pop-up, that choice will be final and Facebook will honor it.
My take, Facebook is also hoping to convince users to leave tracking on to “support businesses that rely on ads to reach customers.” a.k.a. Facebook and the billions of dollars it makes; and continues increasing Mark Zuckerberk's net worth
Here's an FYI for you. It's not a secret, or even hidden, How much control Mark Zuckerberk has over Facebook, and his personal worth
Zuckerberg gets most of Facebook’s shareholder votes
Shareholders in stocks of publicly traded companies have a certain set of rights related to that investment, including the right to vote on certain corporate matters, such as members of the board of directors, proposed mergers and acquisitions, or executive pay packages.
In most cases, one share of a stock equals one vote, but not always — including at Facebook.
Facebook has what’s called a “dual class” structure of “Class A” shares and “Class B” shares. The Class A shares are what everyday investors on the regular stock market have access to, and they’re one vote per share. The Class B shares, however, are controlled by Zuckerberg and just a small group of insiders. And every Class B share gets 10 votes.
“Companies like Facebook are basically putting in place a share structure that is a bulwark against management change,” Amy Borrus, the deputy director of the Council of Institutional Investors (CII), a nonpartisan association focused on corporate governance.
That means that whatever shareholders are voting on — typically at Facebook’s annual meeting, usually in May — Zuckerberg and those closest to him are always going to win out. Estimated that Zuckerberg and the group of insiders control almost 70 percent of all voting shares in Facebook. Zuckerberg alone controls about 60 percent.
“Anything that requires a shareholder vote, he gets to ultimately decide whether it’s going to get a majority or not,” Jonas Kron, a senior vice president at Trillium Asset Management, an activist shareholder group with about $2.8 billion in assets under management. “That’s clear as day.”