Skip to content
Wednesday 19 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,756.76
+0.27%
DAX
26,112.23
-0.06%
CAC 40
8,520.55
+0.13%
STOXX 50
6,452.89
-0.24%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Friday 05 March 2021 6:00 am  |  Updated:  Thursday 04 March 2021 1:54 pm

Tech billionaires’ privacy brawl: Facebook’s defence of its darkest arts defies belief

By: Josh Williams

Add as a preferred source on Google
Lax controls on Google and Facebook enable scammers to create and post adverts for fake businesses within just a few hours, according to an investigation.
Facebook CEO Mark Zuckerberg And News Corp CEO Robert Thomson Debut Facebook News

Facebook’s new advertisement – “Good Ideas Deserve To Be Found” – is a study in audacity, in which the company wraps its darkest arts in a cloak of moral purity. 

Facebook tracks its users’ behaviour, not only on its own apps but all across the web. What it learns about you in the process, it sells as finely targeted advertising. Facebook’s product has never really been its stable of apps and websites. It is you. 

For this to work, Facebook needs its users to either not know, or not care, that their data is harvested and sold this way. To date, the approach has been successful, to say the least. In 2019, Facebook sold $69.7bn worth of advertising, accounting for 98 per cent of the company’s revenue. 

The audacity of Facebook’s new advertising is to claim it does all this in pursuit of some higher ideal. The purpose of Facebook’s snooping, we are told, is to help small businesses bring their bright ideas to a waiting world. Those gargantuan revenues are beside the point. 

That Facebook felt compelled to attempt so audacious an argument is a sign of the fear that exists there today. The reason resides in the offices of a Californian neighbour: Apple. 

Updates to Apple’s operating systems rarely break news outside of the more esoteric publications, but their most recent one should. With the launch of iOS14, Apple users will be given a choice: whether they would like Facebook to shadow them across the web, or whether they would rather they didn’t. 

Facebook is naturally worried that, given the choice, any sensible person would choose the latter. 

Read more

Fastmail Launches EU-Hosted Email Infrastructure, Giving Customers Control Over Where Their Data Lives

Their latest advert is only the most recent salvo in a months long attempt to stop us from ever being offered the choice. Late last year, Facebook took out full-page advertisements in a number of US newspapers, arguing that it is “standing up to Apple” on behalf of “small businesses everywhere.” It is said to be considering an antitrust lawsuit too. 

Meanwhile, a war of words has broken out between the billionaire CEOs of the two companies, Mark Zuckerberg of Facebook and Tim Cook of Apple. In a speech in January, Cook launched a thinly disguised broadside against Facebook’s business practices. “A social dilemma cannot be allowed to become a social catastrophe,” he said, alluding to a polemical, recent documentary exposing how social networks work. 

In his most recent quarterly update to investors, Zuckerberg hit back, publicly questioning the true motivation behind Apple’s recent statements. Ignoring the obvious irony of Zuckerberg’s attack, he was right. Just like Facebook, Apple has wrapped its actions in an inflated sense of moral purpose. Cook claims that Apple’s iOS update is an attempt to protect its customers’ privacy. But few believe that undermining the business model of one of its fiercest competitors is merely incidental. 

Zuckerberg is wrong, however, to think this matters much. When companies claim they are acting in our interests, we know that there is a touch of duplicity in the air. No-one, after all, thinks Apple is a charity. But we are willing to accept a whiff of duplicity when we believe it serves us. 

This is where Facebook and Apple differ. I have no doubt that Facebook’s advertising services help small businesses. But that is a fig leaf that cannot cover the fact that they do so at Facebook users’ expense. There is no argument that can effectively justify not giving customers the choice to be pursued across the web by Facebook’s all seeing eye. 

As long as Facebook continues to set its interests against its users, it will walk a perilous path. Its best solution may be the one it has long avoided: paying users for their data. Facebook makes $30 from each of its users each year. It may at last be time it paid us a little for all that it has harvested.

Read more

bet365 Mobile UK App – bet365 Mobile Offer and Sites 2026

bet365 Mobile Offer and Sites

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Trending Articles

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Amanda Blanc has worked her magic at Aviva

  • City law firm sues prominent Emirati business family

More from Morning Wire

  • Fastmail Launches EU-Hosted Email Infrastructure, Giving Customers Control Over Where Their Data Lives

    Business Wire
  • What Burnham’s Sporting Events Bill means for brands and media owners

    Sport Business
    Andy Burnham, Mayor of Greater Manchester, in glasses, showing enthusiasm at a sporting event.
  • Tiktok pledges three-stage age checks as it pilots alcohol sales

    Tech
    Tiktok appeals to overturn US ban in a broader battle for tech regulation
  • Sky and ITV mount defence of £1.6bn merger as regulators probe deal

    Media
    Turnover at Sky increased in 2024.
  • ITV hands shareholders £100m returns after £1.6bn Sky deal

    Media
    Studios revenue rose three per cent to £893m, driven by an 11 per cent jump in external sales to streaming platforms.
  • ‘Scale is survival’: UK broadcasters race to merge as streaming giants squeeze revenues

    Media
    Studios revenue rose three per cent to £893m, driven by an 11 per cent jump in external sales to streaming platforms.
  • Everton facing early termination of Stake sleeve deal as ban looms

    Sport Business
    Getty Images logo displayed on a digital screen, symbolizing media and stock photography industry presence
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook