German Regulators Just Outlawed Facebook’s Whole Ad Business

German Regulators Just Outlawed Facebook’s Whole Ad Business

Facebook’s massively lucrative advertising model relies on tracking its one billion users—as well as the billions on WhatsApp and Instagram—across the web and smartphone apps, collecting data on which sites and apps they visit, where they shop, what they like, and combining all that information into comprehensive user profiles. Facebook has maintained that collecting all …