Snacks
Ads

Google might kill "tracking cookies," which could kill its competition

Snacks / Tuesday, May 07, 2019

You guys want some cookies?... Google is expected to use today's developers conference to reveal its latest move: Strengthen its online ad dominance. That involves Chrome (its dominant web-browser) and a new button that lets users super-easily block tracking cookies.

  • Cookies (noun): Little bits of code that track what web pages you view and things you click/tap.

They're why that sweater you clicked once follows you everywhere... Digital ad firms use cookie-delivered data to convince companies to buy online ads. Without cookies, these Google rivals could die...making Google's ad sales biz even stronger. Google is expected to frame the move as a user privacy thing, but it could also earn it more of the market.

Beware the algorithm tweak... Like those little fish sucking on a shark's belly, some businesses depend completely on a bigger one. Google, Facebook, and Amazon have corporate habitats built around them. The big risk for minnows is that a flick of a switch cuts off their access to customers.

  • Facebook did it with games and for online publishers.
  • Amazon could do it with Sonos' Alexa-powered speakers.
  • Google just might do it with cookies and the ad companies that live off them.

Get Your News

Subscribe and thrive

Snacks provides fresh takes on the financial news you need to start your day. Chartr provides data visualizations on business, entertainment, and society. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.