How Apple’s Privacy Policy Change Affected Advertising Business?

How Apple’s Privacy Policy Change Affected Advertising Business?
An Apple logo is reflected on glass at the Apple Store at Orchard Road in Singapore, on Sept. 24, 2021. Feline Lim/Getty Images
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Apple Inc’s advertising business has more than tripled its market share in the six months after introducing privacy changes restricting rivals, including Facebook Inc, from targeting ads at consumers, the Financial Times reports.

The in-house business, called Search Ads, offers sponsored slots in the App Store that appear above search results.