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12/02/2020

Topic Reading-Vol.3157-12/2/2020

Dear MEL Topic Readers,

Why don't Facebook and Apple like each other?

Founded by Mark Zuckerberg with his fellow Harvard College students and roommates in 2004, Facebook is an online social media and social networking service company. Facebook products include popular SNS services like Facebook, Messenger, Instagram, and Facebook Shops. Most of Facebook's revenue comes from advertising. The company has been the subject of numerous controversies, including user privacy and political manipulation such as with the 2016 U.S. elections, and mass surveillance.

Apple was incorporated as Apple Computer Inc. in 1977 by Steve Jobs and his fellows to develop and sell personal computers. In 2007, it was renamed Apple Inc. to reflect the focus on consumer electronics like the iPhone. The company’s revenues are generated by personal IT devices like iPhone, iPad, and iMac and App Store where the company has been receiving 30% commission from the app sales, which has been highly criticized as unfair for app developers.

So, there are no obvious issues or grounds to compete between these two tech giants. However, they do not like each other and they even criticize the other’s business practices. Why so?

One analyst attributes the cause to their cultural and personal differences.

Enjoy reading the article and learn about how emotional issues affect business relationships.

https://www.bbc.com/news/technology-55079454

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