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Tech Brew Ride Home

Mon. 11/01 – How Much Money Is Apple’s ATT Costing Snap, Facebook, Et Al?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 1 November 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

How Much Money Is Apple’s ATT Costing Snap, Facebook, Twitter and the like? $10B or more? The chip shortage is hitting Apple at the Worst Time. But new iOS devices might have crash detection built in. Why was Roblox down for so long? And why Hollywood thinks there’s money in their old banana stands after all. Sponsors: HeyLaika.com/techmeme Links: Snap, Facebook, Twitter and YouTube lose nearly $10bn after iPhone privacy changes (Financial Times) The Chip Shortage Slams Into Apple at the Worst Possible Time (Bloomberg) Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer (WSJ) Apple Wants iPhones to Detect Car Crashes, Auto-Dial 911 (WSJ) Roblox Servers Are Turning Back On (Slowly) After 60+ Hour Outage (Kotaku) 5D data storage technology offers 10,000 times the density of Blu-ray (New Atlas) Snapchat Inks Deal With NBCUniversal to Use Audio From ‘SNL,’ ‘The Office’ and More (Exclusive) (The Hollywood Reporter) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Right Home for Monday, November 1st, 2021. I'm Brian McCullough today.

0:09.0

How much money is Apple's ATT costing Snap, Facebook, Twitter, and the like.

0:14.0

$10 billion or more.

0:16.0

The chip shortage is hitting Apple at the worst possible time, but new iOS devices might soon

0:21.2

have crash detection built in?

0:23.6

Why was Roblocks down for so long?

0:26.2

And why Hollywood thinks there's money in their old banana stands after all?

0:30.1

Here's what you miss today in the world of tech.

0:41.6

How much money is Apple's iOS app tracking transparency change costing companies

0:44.0

and who is affected the most. According to a new estimate, the policy has cost

0:47.0

SNAP, Facebook, Twitter, and YouTube,

0:49.0

almost $10 billion in combined ad revenue just in the second half of this year, quoting the Financial

0:56.5

Times.

0:57.5

Lott of me, an Advertising Technology company whose clients include The Weather Company and McClatchy estimated that the four

1:03.8

tech platforms lost 12% of revenue in the third and fourth quarters or 9.85

1:09.6

billion dollars. Snap fared the worst as a percentage of its business because of its focus on

1:14.6

smartphones while Facebook lost the most in absolute terms because of its size.

1:18.7

Mike Woolsey, Lottamy's chief operating officer said advertisers are now getting less bang for their

1:24.2

buck on iPhones.

1:26.0

He gave as an example a men's underwear brand that would have gained one customer for a $5

1:31.0

ad targeted at a thousand men.

1:34.0

Well, now to get a thousand men, you have to show it to 2,000 people because all of the

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