Google has an announcement today: It's not going to do something it has thought about, and tinkered with, for quite some time.
Most people who just use the Chrome browser, rather than develop for it or try to serve ads to it, are not going to know what "A new path for Privacy Sandbox on the web" could possibly mean. The very short version is that Google had a "path," first announced in January 2020, to turn off third-party (i.e., tracking) cookies in the most-used browser on Earth, bringing it in line with Safari, Firefox, and many other browsers. Google has proposed several alternatives to the cookies that follow you from page to page, constantly pitching you on that space heater you looked at three days ago. Each of these alternatives has met varying amounts of resistance from privacy and open web advocates, trade regulators, and the advertising industry.
So rather than turn off third-party cookies by default and implement new solutions inside the Privacy Sandbox, Chrome will "introduce a new experience" that lets users choose their tracking preferences when they update or first use Chrome. Google will also keep working on its Privacy Sandbox APIs but in a way that recognizes the "impact on publishers, advertisers, and everyone involved in online advertising." Google also did not fail to mention it was "discussing this new path with regulators."