"Apple has brazenly, in broad daylight, stormed into the Bank of Facebook, looted its most precious resource... and fled the scene."
From Eric Benjamin Seufert's "Apple robbed the mob's bank, part 3" posted Monday on Mobile Dev Memo:
Last week, Apple announced that it will add two new advertising placements to the App Store: a featured placement on the App Store’s Today page, which is the first content visible when the App Store is opened, and a sponsored placement on individual App Store product pages in a new content section labeled with “You Might Also Like.” Both of these placements will be clearly marked as ads, and both will be exclusively serviced by Apple’s own Apple Search Ads platform.
Back in May 2021, one month after Apple rolled out its App Tracking Transparency (ATT) privacy framework through iOS 14.5, Apple similarly introduced a new advertising placement in search results. I characterized this commercial maneuver in the wake of ATT as akin to robbing the mob: Apple handicapped the performance of app advertising on display networks and then immediately expanded its own advertising business through proprietary ownership of the App Store and privileged access to user engagement and monetization data (advantages which I unpack here). From Apple robbed the mob’s bank:
With ATT, Apple has robbed the mob’s bank. In bolstering its ads business while severely handicapping other advertising platforms — but especially Facebook — with the introduction of a privacy policy that effectively breaks the mechanic that those platforms use to target ads, Apple has taken money from a party that is so unsympathetic that it can’t appeal to a greater authority for redress. Apple has brazenly, in broad daylight, stormed into the Bank of Facebook, looted its most precious resource, and, camouflaged under the noble cause of giving privacy controls to the consumer, fled the scene.
My take: Harsh, but not far off the mark. Spoken like a someone who has made money tracking apps. Like Angry Birds, for example.
Just consumer’s who appreciate and value the peace of mind Apple brings to their lives by protecting their privacy and security at all costs.
https://support.apple.com/en-us/HT202074
Sadly this approach, “repeat and add spin to false narratives” defines much of media these days.
“Sadly this approach, “repeat and add spin to false narratives” defines much of media these days.”
Unfortunately, no truer words have been said here, including in financial media, where it is no less purposeful in my view. In financial media, the narratives are both false and designed to inspire fear and incite emotion.
The financial media also push one pernicious false narrative to naive readers, mainly that they can predict and hence help the readers make money from a sound bite, a tweet, etc.
I’d put it more bluntly: In finance fake news, the usual purpose is to impact the stock price. That, and getting clicks from the legions of unreasoning Apple haters to help pay the bills, pretty much covers all the bases.
“… ‘s**t’ transmigrates to ‘powerful fertilizer’…”
I wouldn’t dignify it with the term fertilizer. Fertilizer at least helps young green things grow. This, OTOH, is your basic worthless pile of excrement.