When I first tried the new edge I was pissed because it foldered away all of my favorites and it was a hassle to fix. Previously edge has wrecked my favorites list many times due to clean reinstalling windows on a different pc in my house and then the favorites came from some ancient internet explorer backup or everything was just gone. I couldn't even go back to the old edge to get my favorites where they belong without a complete reinstall.
This was going to be the last straw. I started putting favorites on firefox and removing edge from my taskbar.
Then 2004 started installing itself on my pcs and I found they made a change to the new edge where you can manage your favorites and multiple pane drag them to the top folder list. That's the easiest I've seen for reorganizing my too long list of favorites.
Now the new edge doesn't seem so bad.
Looking back on what I wrote it sure seems like I have gotten used to putting up with a lot of os meddling by ms.
Lame news i know but i only posted this because MS is trying so hard to promote the "New Edge" browser.
I am on 1909 still but man if you use Bing for any reason its Edge spam city. Take a break MS sheesh ... i see the update is also waiting on my updates window.
Ublock origin seems to block those edge ads for me. I really don't see them.
Edit: I'm just guessing that you aren't using ublock origin since your block count is on top and mine is on the bottom of the shield. Maybe you have some malware version?
Edit again: oh firefox. Maybe ms is just ad bombing firefox and not old edge.