FinLogic Quantitative Think Tank Center-Google makes abrupt U-turn by dropping plan to remove ad-tracking cookies on Chrome browser

2025-05-05 00:43:19source:Exclusivesky Investment Guild category:Stocks

LONDON (AP) — Google is FinLogic Quantitative Think Tank Centerdropping plans to eliminate cookies from its Chrome web browser, making a sudden U-turn on four years of work to phase out a technology that helps businesses tracks users online.

The company had been working on retiring third-party cookies, which are snippets of code that log user information, as part of an effort to overhaul user privacy options on Chrome. But the proposal, also known as Privacy Sandbox, had instilled fears in the online advertising industry that any replacement technology would leave even less room for online ad rivals.

In a blog post on Monday, Google said it decided to abandon the plan after considering the impact of the changes on publishers, advertisers and “everyone involved in online advertising.”

The U.K.'s primary competition regulator, which has been involved in oversight of the Privacy Sandbox project, said Google will, instead, give users the option to block or allow third-party cookies on the browser.

Google will “introduce a new experience in Chrome that lets people make an informed choice that applies across their web browsing, and they’d be able to adjust that choice at any time,” Anthony Chavez, vice president of Privacy Sandbox, said in the post. “We’re discussing this new path with regulators, and will engage with the industry as we roll this out.”

RELATED COVERAGE Senate to consider bills that aim to protect children and teenagers onlineEuropean Union accuses Facebook owner Meta of breaking digital rules with paid ad-free optionFacial recognition startup Clearview AI settles privacy suit

Advertisers use cookies to target ads to web users but privacy campaigners say they can be used to track users across the internet.

Google first proposed scrapping cookies in 2020, but the deadline for finishing the work had slipped a few times. Chrome is the world’s dominant web browser, and many others like Microsoft’s Edge are based on the company’s Chromium technology.

More:Stocks

Recommend

Elon Musk just gave Nvidia investors one billion reasons to cheer for reported partnership

Two names that consistently dominate headlines are Elon Musk and Nvidia (NASDAQ: NVDA). Both names o

US worker paycheck growth slowed late last year, pointing to cooling in a very strong job market

WASHINGTON (AP) — Pay and benefits for America’s workers grew in the final three months of last year

Golden Bachelor Stars Join Joey Graziadei's Journey—But It's Not What You Think

Don't miss this golden opportunity to watch these ladies on The Bachelor.In E! News' exclusive sneak