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Page B1 F.T.C. FINE FOR SELLING DATA The Federal Trade Commission assessed an $800,000 penalty against Spokeo, a data collector that the commission said violated federal law by compiling and selling people's personal information for use by potential employers in screening job applicants.
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Services that are apparently free, such as search engines, are paid for by selling data.
The hockey stick might be realistic, however, for a startup selling data analytics on water to oil and gas customers.
That pilot, which was coming to an end, could not be continued as a paid deal because of pre-existing Twitter policies that forbid selling data for use in government surveillance.
That pilot, which was coming to an end, could not be continued as a paid deal because of pre-existing Twitter policies that forbid selling data for use in government surveillance.
There are many ways for organizations to monetize data, including selling "data products" directly to consumers.
There is a strong incentive for Internet providers to sell data for companies.
Linking pico phones to 4G and video transforms pico phones into a sales tool for carriers to sell data packages to consumers or to nudge people who already pay for data to purchase higher-capacity plans.
XO, which is based in Reston, Va., agreed in May to buy fiber optic networks from Level 3 Communications Inc. for $306 million to sell data transmission services in Europe.
Whereas AT&T and Verizon have adopted plans that are based upon a thirty-day billing cycle, T-Mobile has very cleverly figured out how to sell data for a significantly lower price per megabyte but for slices of time which range from one day to two weeks.
EMobile, for instance, sells data cards for laptops and handsets that can send and receive data about as fast as a home DSL line.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com