During Facebook’s most recent earnings call, Sheryl Sandberg, chief operating officer of Meta Platforms, which operates Facebook, acknowledged that Apple’s actions had created some “headwinds” for the social network which, by some estimates, depends on targeted advertising for 98 percent of its revenue.
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Apple Privacy Rule Cost Tech Titans Estimated $9.85 Billion in Revenue
Posted by: John P. Mello Jr. November 2, 2021 04:00 AMDuring Facebook’s most recent earnings call, Sheryl Sandberg, chief operating officer of Meta Platforms, which operates Facebook, acknowledged that Apple’s actions had created some “headwinds” for the social network which, by some estimates, depends on targeted advertising for 98 percent of its revenue.