How Tech Giants Sell Your Personal Info

style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 19px;">With all the furor over the revelations about the NSA’s spying and its massive overreach in collecting our data, another big spying scandal has gotten less attention: the massive corporate culling—and selling—of our personal information to, basically, other corporations. We now live in the era of Facebook, Twitter, YouTube, Instagram and Foursquare, where millions of us willingly share personal information, rendering old notions of privacy obsolete. And now, many are turning a blind eye as corporations become increasingly cavalier about obtaining the information we don’t actively volunteer. The lengthy, jargon-ridden nature of most sites’ privacy statements means that many people don’t bother to read them before clicking “accept.”
 
Yes, there have been stories about Facebook and Google collecting and selling our personal information, but mostly on the business pages. How many of us really understand the extent of this? And how much more invasive and creepy is it going to get, given the enormous pressures on a behemoth like Facebook to boost its stock prices after the miserable failure of its IPO?
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