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Detailed text transcripts for TV channel - FOXNEWS - 20110424:06:15:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110424:06:15:00

Interested. that is basically what information brokers do, except they don't need to go to your house. >> john: the company that made that video is reputation.com. michael fertek is the ceo. he helps consumers keep secrets, secrets. adam says we should chill out. sharing secrets is useful. shoe so adam, how is it useful? >> john, when you think about the internet. one of the great things, it feelt feels like a free lunch. most of them are free of charge to consumers but there is no such thing as a free lunch. what powers the internet is advertising. advertising that in turn is fueled by data c...

Detailed text transcripts for TV channel - FOXNEWS - 20110424:06:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110424:06:18:00

Individuals and come up with a portrait of them to help decide whether or not they are good credited risk or good insurance. >> john: what allows the insurance company to charge the good driver less is knowing about the bad drivers. yeah, but may be you get caught. michael you are dealing with that. >> there is a fallacy here. the truth is if you have an informed actual choice to share information in exchange for some value, than that is real and fair open exchange of information, but if you are actually just being used and abused without your knowledge, then you have no actual consent. you ca...

Detailed text transcripts for TV channel - FOXNEWS - 20110424:06:20:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110424:06:20:00

Marketplace to work this stuff out. obama administration has called for a privacy bill of rights. drafts are being prepared by a senator john kerry. at the moment, companies may collect only as much information about an individual as is reasonably necessary to improve their services. adam, sounds reasonable? >> last time i checked the actual bill of rights, first of those was right to freedom of speech and government should keep their hands off. that is great about the internet. we've taken a hands off and it's worked out pretty well. other countries in europe, it hasn't world out so well. >> ...

Detailed text transcripts for TV channel - FOXNEWS - 20110423:19:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110423:19:18:00

Individuals and come up with a portrait of them to help decide whether or not they are good credited risk or good insurance. >> john: what allows the insurance company to charge the good driver less is knowing about the bad drivers. yeah, but may be you get caught. michael you are dealing with that. >> there is a fallacy here. the truth is if you have an informed actual choice to share information in exchange for some value, than that is real and fair open exchange of information, but if you are actually just being used and abused without your knowledge, then you have no actual consent. you ca...

Detailed text transcripts for TV channel - FOXNEWS - 20110423:19:20:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110423:19:20:00

Marketplace to work this stuff out. obama administration has called for a privacy bill of rights. drafts are being prepared by a senator john kerry. at the moment, companies may collect only as much information about an individual as is reasonably necessary to improve their services. adam, sounds reasonable? >> last time i checked the actual bill of rights, first of those was right to freedom of speech and government should keep their hands off. that is great about the internet. we've taken a hands off and it's worked out pretty well. other countries in europe, it hasn't world out so well. >> ...