Gina Loudon blasts Facebook, Google, Yahoo for information sharing.
Barack Obama pictured with Facebook founder Mark Zuckerberg
At a tech conference last week, the bigwigs of Silicon Valley got together and lamented how the U.S. government now has free reign over their users’ private data.
Seemingly outraged Facebook CEO Mark Zuckerberg said, “Frankly, I think the government blew it …”
Frankly, I think Zuckerberg blew it.
These anti-big-government complaints are laughable considering President Obama is their pick to lead this country. They went all-in for Obama 2012, offering not just financial support but key technology experts who helped take Obama from an incumbent with almost zero success and little chance of re-election to a guy famously playing basketball the day before the election, so confident was he that he could not lose.
No one spies on us more than Facebook, Google and Yahoo. They retain every key stroke by almost every adult age American and most of the world. The business model makes sense. They give you a “free” service that is not really free as it comes for the price of our personal data.
The big question for that transaction is transparency. What are the companies selling and to whom? If you are selling market data without my name attached, no problem.
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