78 seconds. Listen closely. Apple has kneecapped Facebook pushing out an update fo 1+ BIL devices.
Remember:
1) in no way does this update stop personalized ads, it stops surveillance
2) a majority of Facebook’s data is collected when users aren’t on its services (surveillance).
Remember:
1) in no way does this update stop personalized ads, it stops surveillance
2) a majority of Facebook’s data is collected when users aren’t on its services (surveillance).
Full context for those clips. Sandberg did her normal mom and pop song mixing in vaccine heartstrings. India is a bit much considering FB suppressed Modi protesting today. Again gaslights to confuse FB’s tracking and surveillance business model as simply “personalized ads.” /2
CFO works in short message about “headwinds” and transatlantic data transfer issues (Schrems II). This is all CYA and we’ve seen Facebook’s history of downplaying risk so these mentions mean something big. /3
Analysts, to their credit, did ask some questions about iOS. Here is first CFO answer: Pivots through small business effects and then an attempt at broader antitrust scrutiny for Apple trying to claim privacy and “open internet” crown which is 😂 coming from closed Facebook. /4
Zuckerberg *tries* to get in on the action by trying to answer a concern about Facebook’s being beholden to other companies’ platforms, taking a shot at Apple and then pivoting to AR/VR, small business and a seamless experiences where they’ve got all of your data. 🤦🏻♂️ /5
Sandberg gets good question about share shift from their loss of data, tries to again gaslight this impacts all personalized ads (it doesn’t), ignoring local media options available then, probably realizing she can’t say they’ll be better off than everyone, notes platforms! /6
Sandberg’s answer on timeline of “headwinds” is irresponsible. They’re allegedly breaking the law in Europe, CPRA takes effect 1/1/22, and outside of Apple, Facebook likely knows the most on the rollout of 14.5. It’s their most valuable platform. Her answer is bogus. /7
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