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iPhone New iOS Age Verification Sparks Outrage as Users Say 'I Will Switch to Android'
(www.ibtimes.co.uk)
This is a most excellent place for technology news and articles.
The capitalist part that wants money can build an accurate enough profile with just statistical correlations, but the fascist aspect isn't doing it "for the children" or even just money, it's doing it to completely dismantle all digital privacy, so they can know what everyone is saying and doing online at all times.
Yes, that's the government mandated age check requirements and anti-encryption legislation. Of course many of the people lobbying for these things are rich capitalists, but not exclusively - there are also religious nutcases and overall just people who enjoy having control over others. As far as megacorporations are concerned, they really just want all of your money and if they make you jump through hoops (age verification), you're actually less likely to give them your money.
Maybe awhile back, but at this point they are kind of melding with the fascists. Social media, mainstream news, financial architecture, and communication networks controlled by corporations are definitely being backed by increasingly fascist organizations which definitely value total control over everything else.