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Europe sparks social media shake-up
FEATURE
Meta canât serve personalized ads without consent in Europe
Meta currently obtains implied consent for ad personalization through users accepting their terms and conditions.
But Europe is stopping that approach because it isnât ânecessaryâ for the apps to function.
Now Meta has (reluctantly) said they will ask for consent in order âto process certain data for behavioral advertisingâ in the EU.
The majority could opt out if Appleâs consent request is anything to go by.
And this wonât just impact Meta. TikTok made a similar announcement. And other countries (the UK included) are taking note of the changes.
That leaves some big questions:
What data will remain for advertisers to use without user consent?
Will Social Media apps still generate enough revenue from advertisers for them to stay free for users?
Or will users who opt out be required to pay? Weâre already starting to see paid subscriptions being offeredâŠ
The social media adverting industry is at a crossroads.
Europe is putting user privacy first. But are they ready for the knock-on effects?
Source: What Meta officially announced
TODAYâS HEADLINES
YouTube has changed the name of its video ad formats from "In-Stream Ads" to "Skippable Ads". The change coincided with a report that accused Google of showing ads on partner websites that did not meet YouTubeâs own standards. (Ad Week - paywall)
TikTok is developing a privacy-preserving way of audience targeting called "PrivacyGo". PrivacyGo works like a âdata cleanroomâ, allowing two parties to compare data sets to pinpoint overlaps in their audiences. (Media Post)
X plans to add semantic search to the platform. This will enable X to better understand the meaning and context of a search and provide more relevant results than using keywords alone. (X @elonmusk)
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Written by Kole