Alphabet Inc Class C (NASDAQ: GOOG) Has Been Gathering Data From Its Users Without Consent

It has recently emerged that Alphabet Inc Class C (NASDAQ: GOOG), through Chrome, harvested private phone data without its users’ consent. This incident is not the first time Google has come under fire for violating its users’ privacy. For instance, there has been a controversy for the company gathering data through its app from users’ phones and eliminating third-party tracking cookies.

Meta Platforms Inc (NASDAQ: FB) and Google have faced backlash for violating their users’ privacy. However, unlike Meta, Apple’s new privacy policy has had little effect on the company as it makes high revenues showing that Google is so far a more significant threat to its users’ security. While Facebook uses the data it collects for itself, Google makes it available for any third party.

Andy Parker files a complaint against Meta Platforms Inc (NASDAQ: FB)

Andy Parker, whose daughter’s murder was caught on video, has filed a complaint against Meta for not getting rid of the video of his daughter’s murder. The development comes after the whistleblower Frances Haugen confirmed that the company can remove violent content and misinformation from its site but chooses not to. Parker also filed a complaint against Google’s subsidiary, YouTube, for not taking down videos of his daughter’s murder.

Google has also removed some apps from PlayStore after Avast found they had approved 151 malicious apps. These apps trick people into subscribing at charge about $40 a month. About 2.5 billion android users in 80 different countries have been scammed.

Moreover, Google has silently removed its Your News Update feature, which they added in 2019. The company has not given a reason for the move.

Google reaches a market value of $2 trillion

Despite the negative press, Google managed to reach a $2 trillion market value briefly. The all-time high placed the company with other big tech giants like Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL, who have reached the $2 trillion mark. The company’s value is now at  $1.98 trillion. In January 2020, Google managed to get a market value of $1 trillion for the first time.

Furthermore, Google has added a new feature to its Arts and Culture App that enables users to find paintings with their pet look-alike. The user can upload or take a live picture of their pet, and the results will come in a few seconds.

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Published by Donna Fago

I believe in writing content Informing investors with the knowledge they need to invest better today- I have been following the markets for many years and was asked to join the team at recently due to my passion for the markets.

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