It addres­ses the growin­g concer­n about how compan­ies from techno­logy platfo­rmsWASHINGTON: German Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while US users would only seek $3.50, according to a study of how people in various countries value their private information. The study by US-based think tank the Technology Policy Institute (TPI) is the first that attempts to quantify the value of online privacy and data. It addresses growing concern about how companies from technology platforms to retailers have been collecting and monetizing personal data. Instagram defect wins Chennai-based security researcher $10,000“Quantifying the value of privacy is necessary for conducting any analysis of proposed privacy policies,” he said. US lawmakers are working on federal privacy legislation while states like California have put in place a new privacy law.

Source: The Express Tribune February 26, 2020 05:48 UTC