Associated with
Stephanie Liu
Joanna O'Connell
Jessica Liu
Posted Oct 22, 2021
•
8 min read
Oh, Snap: Data Deprecation Cuts Into Revenue
Don't say we didn't warn you. While reporting Snapchat's Q3 results yesterday, CEO Evan Spiegel conceded Apple's App Tracking Transparency (ATT) framework "disrupted" Snap's advertising business as he reported lower-than-expected earnings. The earnings miss drove sharp declines in Facebook's and Twitter's stocks as well. ATT, which rolled out in April with iOS 14.5, requires users [...]
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