This Week in Startups Emergency Pod! Tim Cook vs. Mark Zuckerberg: Apple and Facebook go to war over privacy updates | E1204
Apr 27, 2021
Dive into the intense rivalry between Tim Cook and Mark Zuckerberg as Apple and Facebook clash over privacy updates. Discover how Apple's iOS 14.5 impacts Facebook's advertising. The philosophical divide of user privacy versus data collection unfolds. Explore potential solutions for businesses navigating these changes. Plus, the push for a subscription model that prioritizes user privacy and trust in a tech landscape fraught with tension. It's a fascinating examination of the future of digital advertising and personal data.
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Apple vs. Facebook
- Apple's new iOS update lets users choose which apps can track their data.
- This threatens Facebook's targeted advertising model, as they rely on user data.
Facebook's Vulnerability
- Facebook generates 98% of its revenue from ads, making it vulnerable to Apple's privacy changes.
- This could lead to a decline in Facebook's stock price and force advertisers to explore other platforms.
Zuckerberg and Cook's Meeting
- At the Allen and Company conference, Zuckerberg attempted to discuss the issue with Cook.
- Cook responded coldly, suggesting Zuckerberg delete all user data, highlighting the tension between the companies.