Google may be about to pair all that data it has on users’ Web browsing with the ads displayed on public billboards. Creepy? Maybe. Inevitable? Almost certainly.
The Chinese Internet giant, in which South Africa’s Naspers holds a 31.2% stake, has tumbled 25% from its January peak, erasing about $140-billion of market value.
When it comes to digital privacy, there are plenty of organisations making money out of using your data. But what if you were the one making the money?
Facebook has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg’s voting control even when he sold millions of shares. Some investors want change.