Google has committed to deleting billions of records containing personal information gathered from over 136 million internet users in the United States who browse through its Chrome web browser.
Google has agreed to remove billions of data records documenting users' private browsing activities in a significant cleanup effort to settle a lawsuit accusing the search giant of illegal surveillance.
75 billion to $7.8 billion, primarily relying on calculations related to potential ad revenue generated from the personal data collected through Chrome, both historically and in the future, had it not been for the newly imposed restrictions.Investors seem unfazed by the settlement's impact on Google's digital ad sales, which make up the majority of Alphabet Inc.'s annual revenue exceeding $300 billion. Alphabet's shares climbed 3% to $155.
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