Apple

‘Headwinds:’ Facebook Blame Apple’s iPhone Privacy Policy for Sluggish Ad Sales

During its recent earnings call, Facebook CEO Mark Zuckerberg stated that Apple’s privacy rules are “negatively affecting” the social media giant’s sales growth. Zuckerberg continued Facebook’s line of attack on Apple, reiterating his claim that consumer-friendly privacy policies don’t only impact the Masters of the Universe, but also small businesses.

Mark Zuckerberg deep in thought (Drew Angerer /Getty)

Snapchat Boss Says Apple Privacy Rules Are Hurting Ad Revenue – Stock Craters

The CEO of Snap, the company behind the popular Snapchat social media platform, claims that Apple’s recently introduced App Tracking Transparency system is having a negative effect on his company’s revenue. Apple’s consumer privacy settings are impacting all tech companies reliant on advertising, including the Masters of the Universe at Facebook. The company’s stock is trading down more than 22 percent following the news.

The Associated Press

South Korea Expected to Target Apple over App Store Practices

South Korean regulators are expected to take issue with Apple in the coming weeks following recently passed laws that state smartphone vendors must allow app developers to use third-party payment processors. Google has told the country it intends to comply with the law, but Apple is courting a fight over its stranglehold over developers.

Tim Cook's V for Victory

FTC Memo Calls for Focus on ‘Structural Dominance’ of Big Tech

FTC Chair Lina Khan sent a memo to staff this week in which she called for the agency to focus on power imbalances and address the “structural dominance” of big companies. The memo’s mention of “next generation technologies” implies a heavy emphasis on the Big Tech Masters of the Universe.

FTC Chair Lina Khan

Hollywood Hypocrisy: DiCaprio, Coldplay, Streisand, DeGeneres Among Celebrities Pushing Corporate Giants to Press Congress to Pass Biden’s Tax-Raising Climate Agenda

A horde of Hollywood elites, including Leonardo DeCaprio, Lady Gaga, Barbra Streisand, Justin Timberlake, Billie Eilish, and more, have signed onto an open letter demanding corporations like Facebook, Apple, WarnerMedia, Netflix, Walt Disney, Amazon, and ViacomCBS to pressure congress to pass the Joe Biden White House’s environmental agenda.

Geoffroy Van Der Hasselt; Alberto E. Rodriguez; Valerie Macon/Getty Images/Jordan Strauss/Invision/AP, File

Apple’s Stranglehold on App Developers Continues to Crumble

In a major policy shift, tech giant Apple has announced that it will allow music, video, and other media apps to direct users towards sign-up pages on their websites. This will allow companies like Spotify and Netflix to bypass Apple’s 15 to 30 percent payment processing fee.

Broken iPhone (Andrew Mager / Flickr / CC)