Zuckerberg: Facebook may actually be in a stronger position after Apples iOS 14 privacy changes – CNBC1 min read

https://www.cnbc.com/2021/03/18/zuckerberg-facebook-may-be-in-stronger-position-after-apple-ios-14.html

Business that offer mobile advertisements utilize this ID to assist target ads and estimate their effectiveness.Apple has said that the modification will roll out early this spring.Zuckerberg described that the change could benefit Facebook if more services choose to sell items straight through Facebook and Instagram. The company informed investors during its fourth-quarter revenues in January that the impact of Apples changes could start to impact Facebooks organization late in the first quarter.Facebook has actually prepared for the looming Apple changes by presenting more commerce products.Most especially, the social media company in 2020 presented Facebook Shops and Instagram Shops. These features make it possible for brands to list their product catalogs straight on Facebooks most popular apps, and offer items directly on Facebook and Instagram.Zuckerberg on Thursday said that currently Facebook has 1 million active shops on its services and 250 million individuals using shops actively.

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