887
Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
this post was submitted on 03 Oct 2023
887 points (97.9% liked)
Technology
59669 readers
2856 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No joke that would be great for privacy and putting users first. Users would go the product to the customers and the platform would actually need to cater to them.
The same would happen with Twitter.
Now, social media depends on its massive size, so even if makes the platform more user-centric, it would reduce the amount of users and reduce its value.
So there's a metric called "ARPU" for social media, average revenue per user.
Facebook's monthly ARPU for America+Europe is $30 (Reddit's is .49, lol)
This is actually a pretty fair price for the service. And should be a legal requirement as an option tied to ARPU.
Who is calculating and publishing that metric based on what data?
It's usually just revenue divided by total users, both typically public information.