For the first time in history, Facebook’s revenue has declined 1%. Similarly, Meta’s revenue has fallen a stark 36%. With the implementation of Apple’s “Ask app not to track” functionality across iOS users and a slowing economy, it’s safe to say that Zucc & crew are starting to feel the pressure.
Similarly, an astounding $10 billion in ad revenue has been lost since Apple rolled out the security feature back in April 2021.
Not yet subscribed to the PL;DR? Sign up for your weekly dose of hot takes on tech, partnerships, and global news.
The PL;DR is brought to you in partnership with Allbound, Crossbeam, Impact, Partnered, and Reveal.
Join The 1700+ Leaders Transforming Partnerships
As a member of Partnership Leaders you will:
- Build and learn with the top partner people at the best companies around the world.
- Increase your impact and accelerate your career with proven resources, tools, and best practices.
- Grow a network of peers, partners, and advisors with common objectives.
