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Is this benefitting the businesses using the Facebook Events platform, or is it benefitting Facebook itself?

• fatnoah 6y ago
  >Is this benefitting the businesses using the Facebook Events platform, or is it benefitting Facebook itself? Probably both. Businesses will get 100% of the money, and Facebook may get some more users. EDIT: Just to clarify, FB doesn't take a cut of the money earned, so the Apple 30% was coming out of money that would have gone to the businesses.
  • disown 6y ago
    > EDIT: Just to clarify, FB doesn't take a cut of the money earned, so the Apple 30% was coming out of money that would have gone to the businesses. FB doesn't take a cut of the money, they take all of the data. Strangely enough, the latter is probably more profitable/valuable than the former.
• chillacy 6y ago
  In the short term businesses saved 30% since Facebook isn’t making profit from the events now, in the long term it’s probably good for Facebook, assuming Apple renews the deal.