Washington Post has this interesting story: Bankrupt RadioShack wants to sell off user data. But the bigger risk is if a Facebook or Google goes bust. »
The headline speaks for itself. And apparently, also companies like Google and Facebook have some sort of open-ended privacy policies.
In its privacy policy, Google says that if the company is “involved in a merger, acquisition or asset sale” it would continue to safeguard the confidentiality of its users. Users would be notified before their personal information ends up in new hands, the policy says.
Facebook’s data policy is a little more open-ended: “If the ownership or control of all or part of our Services or their assets changes, we may transfer your information to the new owner.”
The difference is not if personal data might change hands, but if you are going to be told about it.
This ought to be something for the EU to tackle in its new data protection package.
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