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home / articles / TECH - Meta vs. Apple: New Ad Guidelines Aim to Bypass App Store Commissions | Benzinga


TECH - Meta vs. Apple: New Ad Guidelines Aim to Bypass App Store Commissions | Benzinga

Meta Platforms Inc (NASDAQ:META) has introduced new guidelines for small businesses advertising on Facebook and Instagram to circumvent fees imposed by Apple Inc (NASDAQ:AAPL). 

The company suggests purchasing ads through a web browser instead of the iOS apps for Facebook or Instagram to avoid Apple’s commission, which Meta indicates will be implemented this month, Bloomberg reports

Apple’s policy mandates in-app purchases for advertisers wanting to “boost” social media posts for increased visibility, with Apple taking up to a 30% cut from these in-app purchases. 

This policy intensifies the rivalry between Meta and Apple, two of Silicon Valley’s major competitors, with Meta criticizing Apple for negatively impacting the digital economy and exerting ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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