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BBCNEWS Disclosure October 11, 2021 00:37:00

And youtube, generated over £100 billion in revenue from online adverts, and it s practically facebook s whole business model. i m going to meet a researcher who s been investigating this digital economy, and is concerned on behalf of his own kids. the core business model of the googles, of the facebooks, for all that they do, and for all the innovation that they bring, ultimately, they are ad companies. so they are hugely invested in keeping this model alive. is there a reason why they would actually be specifically interested in a child s perspective of the world, or children s data? by the time the average child is 13, the ad tech industry has collected 72 million data points about that child. and then this data is just used to kind of build profiles of our children, with their interests, so that advertisers can basically pay ....

Business Model , 00 Billion , 100 Billion , Core Business Model , Bad Companies , Data Points , Build Profiles , Tech Industry , 72 Million ,

BBCNEWS Disclosure October 10, 2021 15:38:00

The content we access on social media is only free because of advertising. our personal data is worth a fortune. last year, alphabet, the parent company of google and youtube, generated over £100 billion in revenue from online adverts, and it s practically facebook s whole business model. none of the companies we approached that sell this online advertising wanted to speak to us. but we did find this industry podcast, where they discuss between themselves just how valuable the children s market is. i m going to meet a researcher who has been investigating this digital economy, and is concerned on behalf of his own kids. the core business model of the googles, of the facebooks, for all that they do and for all the innovation that they bring, ultimately, they are ad companies. so they are hugely invested in keeping this model alive. is there a reason why they would actually be specifically interested in a child s perspective ....

Social Media , Parent Company , 100 Billion , 00 Billion , Big Tech Companies , Business Model , Industry Podcast , Core Business Model , Bad Companies ,

BBCNEWS BBC News October 9, 2021 01:08:00

I ve been speaking to daniel bunn at the tax foundation about the significance of this deal. this is a deal, as you mentioned, for a generation or even multiple generations. it s been about 100 years since this sort of agreement has been met and get there is still a lot of road to run as far as implementing the deal by seeing whether countries actually follow through on their commitments and of course the impact on businesses and the global economy. the concern is, i suppose, that a lot of people have been voicing, that the big companies that are being targeted in this the googles and the facebooks they ve found ways to get around things in the past and they may well be able to get around this? that s one of the concerns. now, this deal is targeted certainly at the largest companies and in some of the methods that have been used in the past to shift profits. there are some carveouts for payroll and tangible assets ....

Daniel Bunn , Tax Foundation , British American Submarine Deal ,

BBCNEWS Disclosure October 9, 2021 19:38:00

Of the googles, of the facebooks, for all that they do and for all the innovation that they bring, ultimately, they are ad companies. so they are hugely invested in keeping this model alive. is there a reason why they would actually be specifically interested in a child s perspective of the world, or children s data? by the time the average child is 13, the ad tech industry has collected 72 million data points about that child. and then this data is just used to kind of build profiles of our children, with their interests, so that advertisers can basically pay for their attention. children browsing social media platforms can see over 400 adverts an hour. so they are absolutely being, you know, bombarded with an effort to kind of either get them to consume more, to get them to kind of change their opinion. and this is, you know, a you know, a huge volume of adverts, much more than we would again permit on any other media. you know, i don t think i really ....

Bad Companies , Data Points , Build Profiles , Tech Industry , 72 Million , Children Browsing , Social Media Platforms ,

BBCNEWS Disclosure October 9, 2021 23:38:00

Last year, alphabet, the parent company of google and youtube, generated over £100 billion in revenue from online adverts, and it s practically facebook s whole business model. i m going to meet a researcher who has been investigating this digital economy, and is concerned on behalf of his own kids. the core business model of the googles, of the facebooks, for all that they do and for all the innovation that they bring, ultimately, they are ad companies. so they are hugely invested in keeping this model alive. is there a reason why they would actually be specifically interested in a child s perspective of the world, or children s data? by the time the average child is 13, the ad tech industry has collected 72 million data points about that child. and then this data is just ....

Parent Company , Business Model , 100 Billion , 00 Billion , Core Business Model , Bad Companies , Data Points , Tech Industry , 72 Million ,