Car Companies Exploiting Personal Data and Money

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 48 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 77%

Technology News

Car Companies,Personal Data,Money

We still tend to think of cars as a private space. But those days are sadly gone.

This is highway robbery. Car companies are taking our personal data and our money, and drivers don’t have much choice but to hand it all over.

A new car costs an average of $66,000, 47 per cent more than four years ago. That car companies are also looking to make a buck off the data their cars harvest feels especially slimy. For $66,000, privacy should come standard. Car makers can gather information through their websites, and through advanced in-car sensors and data recorders, microphones, cameras, GPS, connections to your phone and third-party apps like Google Maps and Spotify.

And this problem isn’t going away. The revenue connected cars generate – through in-car purchases and services, or by selling data to third parties, for example – is expected to grow from tens of millions to hundreds of millions of dollars by the end of the decade, according to several estimates. Connected cars aren’t all bad of course; far from it. They allow for over-the-air software updates that could prolong a vehicle’s life, and they have the potential to make roads safer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toronto Stock Exchange: Manulife Financial Corp. and Whitecap Resources Inc. Among Most Active CompaniesTORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,587.41, up 57.20 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 75 cents, or 3.01 per cent, to $25.67 on 19.
Source: SooToday - 🏆 8. / 85 Read more »

High court to hear appeal of B.C. law slapping health care costs on opioid companiesOTTAWA — The Supreme Court of Canada has agreed to hear an appeal from four pharmaceutical manufacturers, retailers or distributors trying to stop a proposed class-action lawsuit by the British Columbia government.
Source: PGCitizen - 🏆 65. / 51 Read more »