Wednesday, February 8, 2012
Selling Personal Information
You may have heard of Facebook starting to sell your personal information to third party companies, but did you know that your cellphone services are already doing this? Mid October verizon wireless changed their private policies to allow them to sell your information like age, gender, and even your location to third party companies. For example if a business wanted to open a new pet store, they can buy a market report from Verizon about the designated area. The report would have information about which city block had the most foot or car traffic from people's who web history indicates that they own a pet. Although Verizon was the first to have this policy, they aren't the only ones. AT&T, Sprint, and T-Mobile are also making money of this. I think this policy is over stepping its rights, but however if I was trying to start a new business this kind of information would be very helpfully.