In November 2022, Alphabet's Google agreed to pay $391.5 million to settle a lawsuit that accused the company of illegally tracking users' locations. The search engine allegedly deceived users into thinking their data were no longer collected when they turned off its location-tracking services. However, Google continued to track the location of users via services like search, maps and apps, thereby helping it sell targeted ads (Google had $111 billion of revenue from advertising in the first half of 2022 - more than any competitor). In addition to the payment, Google will also be required to be more transparent with users in the future and allow them to delete location data more easily. 

Discuss the accounting implications of this settlement.

Answer rating: 100% (QA)

The 3915 million settlement paid by Google in November 2022 for the locationtracking lawsuit would l... View the full answer