How your sensitive data can be sold after a data broker goes bankrupt

stapp · Feb 25, 2024

In 2021, a company specializing in collecting and selling location data called Near bragged that it was “The World’s Largest Dataset of People’s Behavior in the Real-World,” with data representing “1.6B people across 44 countries.” Last year the company went public with a valuation of $1 billion (via a SPAC). Seven months later it filed for bankruptcy and has agreed to sell the company.
Click to expand...

But for the “1.6B people” that Near said its data represents, the important question is: What happens to Near’s mountain of location data? Any company could gain access to it through purchasing the company’s assets.
Click to expand...

https://arstechnica.com/tech-policy...an-be-sold-after-a-data-broker-goes-bankrupt/

Log in or Sign up

How your sensitive data can be sold after a data broker goes bankrupt

stapp Global Moderator

Log in or Sign up

How your sensitive data can be sold after a data broker goes bankrupt

stapp Global Moderator

Useful Searches