A report by the Web3 Foundation estimates that major technology companies monetise personal data collected from users in the UK, with earnings attributed to individual users reaching up to £194,000. The outlets summarising the study say companies such as Amazon, Microsoft, Meta and Alphabet extract value from personal data that helps power targeted services and advertising, and in some cases supports other data-driven activities. One figure reported is that these firms can earn up to around £1,000 per year from a single user’s data, while the overall study calculation is described as producing a maximum value of £194,000 per user. The articles also describe the broader claim that powerful tech companies collect and monetise personal information at scale as part of how the internet operates. The reports focus on the study’s estimates and the concept of monetisation, without detailing the specific methodology in the provided summaries or describing any company-specific admissions or regulatory findings. The findings are presented as study results rather than confirmed revenues.
Study estimates major tech firms earn up to £194,000 per UK internet user’s data
A report by the Web3 Foundation estimates that major technology companies monetise personal data collected from users in the UK, with earnings attributed to individual users reaching up to £194,000. T...
- A Web3 Foundation report estimates UK-linked monetisation of personal data by large tech companies.
- The reported maximum figure reaches up to £194,000 per UK internet user, according to the study’s calculations.
- The report says companies including Amazon, Microsoft, Meta and Alphabet can earn up to about £1,000 per year from a single user’s data.
- The articles describe the practice as collecting and monetising personal data to support internet services.
- The coverage is based on study estimates and does not cite direct company acknowledgements or regulator findings in the summaries provided.
Some of the world’s biggest and most powerful companies collect and monetise personal data to power the internet, Web3 Foundation found in a report.
3 months agoSome of the world’s biggest and most powerful companies collect and monetise personal data to power the internet, Web3 Foundation found in a report.
3 months agoAmazon, Microsoft, Meta and Alphabet extract up to £1,000 annually from a single user’s personal data, according to the report
3 months agoSome of the world’s biggest and most powerful companies collect and monetise personal data to power the internet, Web3 Foundation found in a report.
3 months agoSome of the world’s biggest and most powerful companies collect and monetise personal data to power the internet, Web3 Foundation found in a report.
3 months ago
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