Apple is currently making it very difficult for many developers to mine data on iOS 14. This may be very good in terms of privacy safety, however, it will cost a lot for the giant social media company named Facebook. The company’s second-quarter business reports show that the company will be facing a lot of losses once the new update of iOS 14 rolls out. The new operating system is hinted to make it hard for the ad business for the social media giant.
The primary source of revenue for Facebook is ads and most of these run on user data mining. In the fourth quarter of 2020, Apple is going to roll out the update which might potentially kill the business for Mark Zuckerberg.
Facebook to face losses after Apple iOS 14 launch
Business grows by using the popular social media platform as a vendor and it uses user data mining while in the process. However, Apple is currently taking a serious look into the whole matter of privacy and will hence make it kind of impossible for the company to push forward any adware in iPhones and Macs. iOS 14 is not pushing this into direct practice for now, but it is surely making it mandatory for app developers to offer an opt-in switch.
Since its beta release, iOS 14 has already unmasked how many developers such as TikTok were secretly reading everything iPhone users copied on their phones. The practice has also reportedly landed LinkedIn in a lawsuit by a New York-based iPhone user who alleged that the Microsoft-owned company reads the clipboard information without consent.
TikTok ban from many countries has affected the global IT industry to take a heavy fall as privacy has become a new issue for people. Hopefully, Apple will come up with a fix for this too. Let us know what you have to say about this in the comments section below! Also, don’t forget to join us on our Telegram Channel for more such latest updates and discussions.