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Frankly, I’m surprised it took them so long to say this publicly. For over a year, Mozilla has had a de facto conflict of interest when it came to their stance on advertisements, so take anything they say about their necessity with a huge grain of salt…
May 2023: Mozilla purchases FakeSpot, a company that sells private data to advertisers. Mozilla keeps selling private data to advertisers to this day.
June 2024: Mozilla purchases Anonym, an AdTech company.