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Facebook won't take revenue cut from creators until 2023, in jab at Apple

Jun. 07, 2021 2:29 PM ETMeta Platforms, Inc. (META)AAPLBy: Jason Aycock, SA News Editor56 Comments

Facebook CEO Mark Zuckerberg Testifies At House Hearing
Photo by Chip Somodevilla/Getty Images News via Getty Images

  • Facebook (FB +1.7%) has taken a swing at Apple (AAPL -0.6%) during the latter's Worldwide Developer Conference, saying that the company won't take revenue share from creators on

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Comments (56)

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in other words, FB is announcing a huge, unprecedented increase in fees to take effect in 18 months
treespace profile picture
It's going to take more than "jabs" to stop Apple from rendering FaceBook irrelevant, but I understand the panger (panic and anger) from the thieving jack-wagon and hair-club candidate man-child Mark Suckerburg. Musk hit the nail on the head years ago: FaceBook is lame.
Facebook is a joke.
craftbrewinfo profile picture
@Tarheeboy9712 Zuckerberg would be the kid you beat up in your youth and he gets the last laugh because he’s a gazillionaire which makes you want to beat him up even more ( probably some algorhythm at work nakkkg sure that comment is censored
@craftbrewinfo 30% of those punches go out to creators
Who Dat? profile picture
Apple will succumb when FB, MSFT, Google, and AMZN take a piece of that humble apple pie called ecosystem.
@Who Dat? AAPL is getting strong in hardware again on the back of their M1, I’m not worried at all. Their fans stay loyal
Sergi Medina profile picture
Take that one, Apple, you traitor!
Long AAPL and FB.
youngdividend profile picture
Zuckerberg is on a mission ppl. He will not lose, plain and simple .
Investing For The Future profile picture
So they will go out of business that much sooner?
@Investing For The Future how ? It's money they don't currently get. It's a good pr move to make it free at first while it will also drive faster adoption. And once they start to collect fees it will create another revenue source
CoolerHeadsPrevail profile picture
Yes it will be 29.9%
@CoolerHeadsPrevail plus a base fee 🤭
Datsyuk13 profile picture
Jab at Apple, who counters with a straight left.
craftbrewinfo profile picture
@Datsyuk13 I’d like to jab zuck in the jaw .. my skin crawls every time I see his beedy little rat face
I think Mark Zuckerberg & Jack Dempsey are 2 of the greediest people on earth. Will not use either of their services or buy their stock.
Seekingbuddah profile picture
Facecrook is so magnanimous
Nice try....but no cookie!
Pedlar profile picture
But will FB continue its privacy theft?
Datsyuk13 profile picture
That’s reactionary. Trying to say they’re not greedy
Third Prize Is You're Fired profile picture
I found that my Facebook account offered little. So, I deleted it. Sincerest apologies to the dumbest people from my High School that wanted me to assist them in exposing a sophisticated ring of pedos.

Facebook's stock however, offers much. So, I continue to buy it.

Long $FB

FB et al are still angry at Apple for protecting user privacy.
Facebook is lame entertainment.
For the intellectually challenged.
Apple is useful.
the lower the intellect, the more hours spent on FB.

it is a perfect inverse relationship

i = 1/FB

Solving for FB, we have FB = 1/i
nerd_rage profile picture
Doesn't matter to me, I'm steering well clear of FB. Invasion of privacy is built into their business model. That's what you get with a "free" ad-based platform. When I see ads, I run.
@nerd_rage privacy is overrated
privacy is priceless. steer clear of rubbish and you will retain yours.
@nerd_rage it's a great mechanism for free services tho. You may not have the need for a free service as you may be able to comfortably afford a premium service . But people in developed nation's who ha every little disposable Income don't even ConSider it and will happily take ads for a service. Honestly even a lot of lower income people in rich countries Will easily take the deal
pascout profile picture
When it’s free, it’s because YOU are the product.
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