882
Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
this post was submitted on 03 Oct 2023
882 points (97.9% liked)
Technology
59577 readers
3055 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
So they're admitting regulations work. They are making a lot less money due to random ads instead of targeting ads so they will have to charge to be sure they are still making too much.
I can't wait for the next regulations against tech corporations and social media.
They can't charge their REAL customers, the ad purchasers, as much without the ads being "targeted".
$14 is unrealistic and will never be paid, but it means that it's an option... So I'm guessing that people will be able to "opt in" to a free version with targeted ads.. This whole thing is probably just a workaround.
The funny part is that contextual ads are at least as effective as targeted ads. So not only is facebook violating your privacy. They are ripping of their customers at the same time.