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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Tech

How Google’s Plan to Increase Your Online Privacy Differs from Apple and Firefox Ideas

By
Gerrit De Vynck
Gerrit De Vynck
and
Bloomberg
Bloomberg
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By
Gerrit De Vynck
Gerrit De Vynck
and
Bloomberg
Bloomberg
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August 22, 2019, 6:27 PM ET
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Google outlined a plan to try and make surfing the web more private while still allowing enough targeted advertising to keep publishers—and itself—in business.

Google’s suggestions include cryptographic tokens users can amass showing they are trustworthy, using artificial intelligence to show people relevant ads based on minimal information, and storing personally-identifiable data on someone’s device rather than in their browser.

The internet giant said it will propose the changes for debate before the organizations that set common rules for the Internet. That means Google wants the entire web to adopt the new rules, instead of just installing them on its own Chrome browser. The move shows Google is being proactive in making sure its ideas for how the web should work are the ones that win out in the future.

The changes would surely improve privacy, but Google is also pushing back against privacy initiatives started by Mozilla’s Firefox and Apple’s Safari browsers that it says are too heavy-handed. Those browsers have started blocking cookies—little bits of code that lodge in people’s browsers and follow them around the web helping advertisers place valuable, targeted ads.

Google doesn’t want cookies to go away, because it says they help publishers make money from their content and keeps the web vibrant. Of course, they also help Google, which is the largest and most profitable online advertising company in the world.

Changes to internet standards, the common rules that allow different websites to work on different browsers, can take years. But Google often leads the way by simply updating Chrome and forcing the rest of the web to adapt, something it can do because its browser is used by around 70% of internet users worldwide.

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