Facebook/Apple Spat - The Big Picture
Facebook/Apple Spat Your business model is not inviolate. Now let me get this straight… The techies disrupted music, retail, seemingly every walk of life, but when it comes to them disruption is off limits, they must be protected? Who protected MySpace when Facebook disrupted the first big social media site? Who protected AltaVista and HotBot, never mind Yahoo, when Google came on the scene? This is the ultimate in hubris. In case you haven’t been paying attention, Apple wants to give you the opportunity to opt out of being tracked. But Facebook and Google make their...
Source: ritholtz.com