Privacy concerns may also be hitting Facebook where it hurts. This DigiDay report says that media buyers are being told to shift budgets elsewhere. Privacy is one possible reason; high ad costs, poor ad tools, and more competitive options are others. Color me skeptical, although this Dentsu report says Facebook growth shows some weakness.
Yes, they really think you’re that stupid.
Google, Amazon get $163M fine and 3 month ultimatums from CNIL France’s Data Authority, CNIL doubled its highest previous penalty and charged Google $121M, saying it does not sufficiently inform French Google users why and how cookies are used. Amazon similarly was given a $42.5M fine for putting cookies on users’ computers without consent. Both companies disagree.
“Ask Meta AI anything” is what you now see instead of the traditional search bar across Meta apps such as Facebook and Instagram. Meta AI will still perform the basic search function but will also answer questions and chat with you. It should hardly be a surprise when a tech company launches a genAI solution these days but this is a bold challenge to Google and Open.ai (it’s also available as a standalone tool at Meta.ai).