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they MAY only share aggregate but what's stopping, for example, VZW using the data to their own means? competitors use their towers, potential acquisitions, mar
by tunap 11y ago
they MAY only share aggregate but what's stopping, for example, VZW using the data to their own means? competitors use their towers, potential acquisitions, market/political threats or other interesting entities. Laws and morals? Hahaha!
- exelius 11y agoMost telecoms won't do this because the potential reward simply isn't worth the liability they would have for insider trading (if they get caught spying on corporate execs, then the SEC will assume they spy on every corporate exec). In fact, most big telecoms have a secret "VIP" program that flags accounts of especially wealthy, influential or famous people and restricts access to them unless you're on the "VIP" customer service team. I'm sure hedge funds track CEOs, but they're not using data from Verizon to do it.
- tunap 11y agoThey calculate risk:reward and do whatever nets the most profitable return. Fines and fees are only anathema when the costs exceed the gains gotten from illicit behavior. Otherwise, paying fines without admitting guilt is the corporate way.