Has Chrome Been Tracking You During 'Incognito' Mode? The Answer Is Yes, And Now Google Says It Will Delete The Data
Portfolio Pulse from Natan Ponieman
Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google's parent company, has agreed to delete data collected from users in 'incognito' mode from 2016 to 2023, following a lawsuit. Despite the lawsuit, Google's stock rose 2.5% on Monday. The settlement includes a $5 billion resolution and changes to Chrome's privacy disclosures and cookie settings.
April 01, 2024 | 7:01 pm
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POSITIVE IMPACT
Alphabet Inc's agreement to delete data collected from 'incognito' mode and the $5 billion lawsuit settlement may raise privacy and ethical concerns but showed resilience with a 2.5% stock increase.
The news indicates Alphabet Inc's commitment to resolving privacy concerns, which could improve its public image. The stock price increase suggests investor confidence remains strong despite the lawsuit. The settlement and future changes to Chrome's privacy settings may also reassure users and investors about Alphabet's dedication to user privacy.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Alphabet Inc's agreement to delete data collected from 'incognito' mode and the $5 billion lawsuit settlement may raise privacy and ethical concerns but showed resilience with a 2.5% stock increase.
The news indicates Alphabet Inc's commitment to resolving privacy concerns, which could improve its public image. The stock price increase suggests investor confidence remains strong despite the lawsuit. The settlement and future changes to Chrome's privacy settings may also reassure users and investors about Alphabet's dedication to user privacy.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100