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FYI

Is Facebook Crazy, Or Are We?

The following is excerpted from Bob Hoffman's often humorous and always informative The Ad Contrarian newsletter.

Is Facebook Crazy, Or Are We?

By External Source

The following is excerpted from Bob Hoffman's often humorous and always informative The Ad Contrarian newsletter.


Facebook advertised their app on services beloved by teens, like Snapchat and Instagram, seeking participants between the ages of 13 and 35. The sign-up process required minors to get parental consent. (How rigorous? Users simply had to scroll down and click on a check box.)"

The story gets juicier as Apple, pissed off about Facebook's abuse of one of its product to conduct this espionage, entered the fray and crippled Facebook's internal communication and information networks. "This is because the same (Apple) certificate that authenticated the research apps was also used in the key internal Facebook apps its tens of thousands of employees use every day," says Business Insider.

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If that wasn't enough to grind your gears, there's this. This week it was reported that Facebook had crippled transparency tools by ProPublica and other user-friendly organizations that allow consumers to see how Facebook's advertisers are targeting them.

Senator Mark Warner said, “This is very concerning...Investigative groups like ProPublica need access to this information in order to track and report on the opaque and frequently deceptive world of online advertising.”

One would think that the last thing Facebook needs at this point is headlines about new secret spying schemes and efforts to thwart transparency. But, one would be wrong. Here's why Facebook and the rest of the online ad industry continue to go all-in on surveillance and don't give a flying shit about privacy ...

...this week, Facebook reported record profits of almost 7 billion dollars as revenue grew 30% this quarter.

Are they crazy, or are we?

 

 

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Liam Gallagher of Oasis at Rogers Stadium in Toronto, Ontario, Canada for night 1 of their Oasis Live '25 Tour on Sunday, August 24, 2025.
Courtesy of Big Brother Recordings
Liam Gallagher of Oasis at Rogers Stadium in Toronto, Ontario, Canada for night 1 of their Oasis Live '25 Tour on Sunday, August 24, 2025.
FYI

Music Biz Headlines: Oasis Mania Hits Toronto, Taylor Swift's Engagement Sets an Instagram Record

Stories making headlines this week: Great Big Sea's Bob Hallett now heads the East Coast Music Association, more debate over the Song of the Summer and Lil Nas X gets arrested.

This week, Oasis came to Toronto, beginning the North American leg of their blockbuster reunion tour. That caused plenty of headlines, but not as many as Taylor Swift, who had one of her biggest rollouts yet — not an album, but an engagement to famous football boyfriend Travis Kelce.

Read these stories and more in this week's collection of music biz headlines.

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