The major social media platforms have all been impacted by the "adpocalypse" from Apple's recent privacy updates. Snap has lost a full quarter of its value due to cuts to advertising revenue tied directly to a loss of access to most Apple device users.
A Facebook blog post directed at its advertising partners reveals that the social media giant has been underreporting iOS ad performance by about 15% in the aggregate since the major privacy update was rolled out on Apple’s mobile operating system in late April.
Most of the digital advertising industry complained about Apple's iOS 14 privacy updates for nearly a year. Amazon seems to be an early destination for those that are redirecting ad spend from Apple and Facebook.
Contentious WhatsApp privacy update has caused new consumer complaints to be filed by watchdog groups, which say that users are being unfairly pressured into accepting.
The first Bitcoin privacy update in four years is bringing changes that are broadly popular among the user base. The "Taproot" update, scheduled for November, changes the digital signature algorithm underpinning the system.