this post was submitted on 31 Aug 2023
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I'm rather curious to see how the EU's privacy laws are going to handle this.

(Original article is from Fortune, but Yahoo Finance doesn't have a paywall)

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[–] bobettes_bob@kbin.social 1 points 1 year ago (1 children)

Google doesn't sell the data they collect... They sell ads and use their data to better target people with said ads. Third parties are paying google to target their ads to the right people.

[–] rebelsimile@sh.itjust.works 3 points 1 year ago (1 children)

You go to google because of the data they collected from the open internet. Peoples’ photos, articles they’ve written, books, etc. They aggregate it, process it and serve it back to you alongside ads. They also collect data about you and sell that as well. But no one would go to Google if they hadn’t aggregated, processed and repackaged the internet’s data.

[–] bobettes_bob@kbin.social 1 points 1 year ago* (last edited 1 year ago) (1 children)

They also collect data about you and sell that as well.

No they don't. Why would they sell the data they use to target ads? If other corporations could just buy the data, they wouldn't need to pay google to target the ads, they'd just buy the data and do it themselves, Google isn't a data broker. They keep the data for them, it would be business suicide if they'd just sell all the data they collect.