So previously I've thought that all advertising related cookies (eg. the cookies used by Facebook pixel) are third party cookies. However, with all the privacy related concerns (eg. Safari blocking third party cookies), I also found that Facebook has first-party cookie for FB pixel, as in FB can just get website owner to pass the first party cookies to them instead. So now FB is saying "You can now use both first- and third-party cookies with your Facebook pixel." (https://www.facebook.com/business/help/471978536642445?id=1205376682832142)
My question is if publishers (Google & FB) can just use first party cookies then what's the point of offering to have both 1st party and 3rd party cookies? Why don't they just have option to switch completely to 3rd party cookies?
Everyone talks about the benefit if using 1st party cookies instead, so I don't know what's the point of still keeping the 3rd party cookie option. Is there any benefit to it?
I don't know the answer to your question, but I have the same question, so I'd like to take a guess. Let's see if someone more in the know can critique my answer. The following are guesses:
Guess: Third party cookie tracking process
So, Facebook now has tracked user123's activity based on the prerequisite that:
Importantly, the tracking of user123's visit to anysite.com occurred without user123 explicitly agreeing to it, or knowing the relationship between Facebook and anysite.com. All the user did was login to Facebook, and then separately visit anysite.com (perhaps much later).
Guess: First party cookie tracking process
So, Facebook now has tracked user123's activity based on the prerequisite that:
Importantly, the first party cookie flow is less powerful from a tracking perspective because the user had to click a Facebook link to anysite.com, where as in the third party case this was not needed.