Snap shares plunge 25% as Apple privacy changes hit ads business

Snap shares plunge 25% as Apple privacy changes hit ads business

2 years ago
Anonymous $BH0TGXkyPe

https://www.reuters.com/article/snap-results/snap-shares-plunge-25-as-apple-privacy-changes-hit-ads-business-idUSKBN2HB2JV

(Reuters) -Shares of Snap Inc plummeted 25% on Thursday after the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company's ability to target and measure its digital advertising.

Snap shares plunge 25% as Apple privacy changes hit ads business

Oct 21, 2021, 11:18pm UTC
https://www.reuters.com/article/snap-results/snap-shares-plunge-25-as-apple-privacy-changes-hit-ads-business-idUSKBN2HB2JV >(Reuters) -Shares of Snap Inc plummeted 25% on Thursday after the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company's ability to target and measure its digital advertising.