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Joined 6 years ago
Joined 6 years ago
Possibles exceptions to this include hard-to-value assets like art, where someone could potentially exaggerate the value by at least 1/t to defraud the tax authorities, but this doesn’t seem relevant to donating publicly-traded Microsoft stock. Bill Gates would be richer if he didn’t make these donations.
Why is this hard to believe? Digital content like apps have some of the highest margins out there, and conversion ROI is easy to demonstrate, so the dollars flow easily. It’s a nice business to be in, so it’s not surprising Apple is taking it from Facebook.
We don’t know exactly how much revenue Apple currently gets from ads, because it’s folded into the services category of their financial statements. Apple has set investor expectations that the services will be the main driver of revenue growth going forward, and ads are part of that.
> Wouldn’t they just let users opt-out of the wanted to?
Users already could opt-out. I imagine the lawsuit will be about Apple’s recent changes, which unevenly apply an opt-in requirement that arguably picks winners and losers (see above).
> In any case, I think we have established that my characterization of facebook’s business was accurate. They wouldn’t be seeking remedies for something that wasn’t important to them.
Your claim is that Facebook is trying to mislead people about the lawsuit, and I don’t think you’ve established that at all.
Will require opt-in to track:
Facebook ad conversion to buy an item in Wish’s store
Facebook ad conversion to buy an app from App Store
Won’t require opt-in to track:
Amazon ad conversion to buy an item from a store on Amazon
Apple App Store ad conversion to buy an app from the App Store
Facebook’s proposed remedy might be removing the opt-in requirement, or adding the same requirement uniformly to create a level playing field.
> by tracking user behavior without consent so that they. can sell targeted ads, and by keeping users engaged with the ad delivery platform by presenting content algorithmically selected to provoke emotional reactions.
Some things in here are the core business model, others are implementation choices that don’t have to be true (like the sweatshops). I don’t think it’s reasonable to say that the lawsuit should fail because they didn’t lead it with a list of complaints people have about the company (not would I expect Apple to include the same in their response).