Privacy practices: the should and must of online transparency
Data collection is exploding across the internet, and for good reason. Whether you’re a Google, Facebook or small online advertising network, the more data you have the better.
You can slice it, dice it, repackage it, and – using predictive analysis – build accurate profiles to serve users with precise interest based adverts.
It drives down costs and the digital advertising industry, with their insatiable thirst for data, is booming. In just the first half of 2013, US revenue from online advertising in the US alone totalled approximately $20bn.