Will California Consumers Share In Wealth From Their Online Data? [telecom]

Have a question or want to start a discussion? Post it! No Registration Necessary.  Now with pictures!

By Eric J. Sinrod

Technology companies collect all sorts of data on their users. The
terms of service located on their web sites spell out for users the
types of data collected and how that data will be used. The data
collected from users is extremely useful for tech companies in terms
of how to market to them further, and accordingly, that data has
tremendous economic value.

Along comes the Governor of California, Gavin Newsom, who according to
APNews.com, has announced that California consumers should share in
the billions of dollars that tech companies make on personal data they
collect. Indeed, Governor Newsom reportedly has asked his aides to
come up with a proposal for what has been referred to as a "data
dividend" for California residents. However, it is not clear whether
he envisions a tax on tech companies, refunds to users, or some other
idea.

http://www.mondaq.com/article.asp?articleid=784426&email_access=on

--  
Bill Horne
(Remove QRM from my email address to write to me directly)

Site Timeline