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M7 Social Media TAX -Excellent
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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tom_boy wrote:murchr wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/www.monitor.co.ug/OpEd/Commentary/Levy-new-social-media-tax-Facebook-not-users/689364-4390518-view-asAMP-597c07/index.html#ampshare=http://www.monitor.co.ug/OpEd/Commentary/Levy-new-social-media-tax-Facebook-not-users/689364-4390518-xj3bte/index.html
Habari ndio hiyo . I am not crazy as some guys are want to think. Other governments around the world which are open to a more progressive outlook to these things, are pushing to rewrite their tax rules to capture tax from technology companies like Google, Facebook, Amazon, etc, which may have no representative offices, or other physical presence in a country, but are accruing profits through large numbers of online users. Which govts are these? Australia, India. India has a google tax since 2016, an indirect way of making social media pay tax. Do you know google is in India? Try to find out if FB is taxed. Australia is taxing goods bought online. That's ok it's like that tax you pay when you buy a car in Japan. What about usage of FB? That Australian company buying advert space on that US site? How do you quantify internet usage? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 10/4/2006 Posts: 13,821 Location: Nairobi
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tom_boy wrote:https://www.google.com/amp/www.monitor.co.ug/OpEd/Commentary/Levy-new-social-media-tax-Facebook-not-users/689364-4390518-view-asAMP-597c07/index.html#ampshare=http://www.monitor.co.ug/OpEd/Commentary/Levy-new-social-media-tax-Facebook-not-users/689364-4390518-xj3bte/index.html
Habari ndio hiyo . I am not crazy as some guys are want to think. Not it just means that there are more people like you who fail to understand how technology works All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Elder Joined: 10/4/2006 Posts: 13,821 Location: Nairobi
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tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Member Joined: 2/20/2007 Posts: 767
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masukuma wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? Read the article, it is very clear. Goverments are realising that social media companies need to pay tax directly to various jurisdictions where they operate. Its not about having a local office. Read carefully. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Elder Joined: 10/4/2006 Posts: 13,821 Location: Nairobi
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tom_boy wrote:masukuma wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? Read the article, it is very clear. Goverments are realising that social media companies need to pay tax directly to various jurisdictions where they operate. Its not about having a local office. Read carefully. Read it a couple of times and a number of things standout 1) Governments are not satisfied with the current international laws on taxation because GAFA (Google Apple Facebook Amazon) figured out a way to beat the system especially by keeping most of their commercial operations in countries like Luxembourg and Ireland yet keep operating in their countries. So they pay the bare minimum. 2) they are proposing this "temporary" fix to try and raise those taxes back to what is 23% or so. This is a revenue based tax based on where digital users are. Even they know it's a bad idea that's why they are referring to it as a stop gap measure. 3) not all countries are in agreement. Remember when I told you it's all about WHAT GOVERNMENT CAN GET AWAY WITH or WHAT GOVERNMENT CANNOT GET AWAY WITH? GAFA have operations in the EU and it's therefore asking those local operations to submit returns on such data is practical and possible and if they don't comply - you can funga mtu. These countries are consequential to these big companies and they can afford to be irrational without putting their necks on the line. Assume Facebook went rogue and refused to follow the dictates of the EU parliament - their local heads would be in trouble... the EU wouldn't 'block' facebook - that would be madness. Now compare that with your situation - you make an irrational call like that - who is to report to you? the only action you have on your plate is to ban/block GAFA and then you will face your masses way before Facebook faces you. All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Does Netflix pay taxes in locally? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Angelica _ann wrote:Does Netflix pay taxes in locally? I do not think so "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 8/16/2011 Posts: 2,296
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Rank: Elder Joined: 7/22/2008 Posts: 2,702
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Google fined 5 billion dollars (500 billion shillings) by the EU!!!!! Ile makosa walifanya huko si wanafanya hapa pia? https://www.theverge.com...ndroid-eu-fine-antitrust
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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You can use this line of argument to make all websites file tax returns in all countries on earth.How far down the rabbit hole are govts going to pursue this?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Do you manufacture mobile phones? If yes sue google....if not stick to your lane Wazuans please adopt a habit of reading yawa... "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Member Joined: 2/20/2007 Posts: 767
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masukuma wrote:tom_boy wrote:masukuma wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? Read the article, it is very clear. Goverments are realising that social media companies need to pay tax directly to various jurisdictions where they operate. Its not about having a local office. Read carefully. Read it a couple of times and a number of things standout 1) Governments are not satisfied with the current international laws on taxation because GAFA (Google Apple Facebook Amazon) figured out a way to beat the system especially by keeping most of their commercial operations in countries like Luxembourg and Ireland yet keep operating in their countries. So they pay the bare minimum. 2) they are proposing this "temporary" fix to try and raise those taxes back to what is 23% or so. This is a revenue based tax based on where digital users are. Even they know it's a bad idea that's why they are referring to it as a stop gap measure. 3) not all countries are in agreement. Remember when I told you it's all about WHAT GOVERNMENT CAN GET AWAY WITH or WHAT GOVERNMENT CANNOT GET AWAY WITH? GAFA have operations in the EU and it's therefore asking those local operations to submit returns on such data is practical and possible and if they don't comply - you can funga mtu. These countries are consequential to these big companies and they can afford to be irrational without putting their necks on the line. Assume Facebook went rogue and refused to follow the dictates of the EU parliament - their local heads would be in trouble... the EU wouldn't 'block' facebook - that would be madness. Now compare that with your situation - you make an irrational call like that - who is to report to you? the only action you have on your plate is to ban/block GAFA and then you will face your masses way before Facebook faces you. I think you are being very selective in your interpretation. The article is clear that among the issues being looked into is the issue of imposing a tax on money that GAFA makes from selling individual data to third parties. That has been my point all along. The collective data of Kenyans is valuable. . Kenya should get paid for it. If not, GAFA can as well stop operating in Kenya. Others will come up. Google is not the only search engine. Neither is a facebook githeri ama omena. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Member Joined: 2/20/2007 Posts: 767
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whiteowl wrote:You can use this line of argument to make all websites file tax returns in all countries on earth.How far down the rabbit hole are govts going to pursue this? Websites have different functions. If a website is making money by collecting individuals data and using that data to make money by either advertising or selling it to third parties, that website ought to pay tax to the country where that data was collected. All this information can be trackked and money trail established. It should be up to the individual countries to decide whether to waive the tax or not. If a website is collecting money from individuals in kenya for rendering a service e.g Netflix, Kenya ought to tax that income on netflix. This can be easily tracked and effected. If a website is selling ads to kenyan companies that are claiming that ad spend as a p and l deduction, then the website should pay tax on the income from kenyan companies. Isuues of 'no local office present' is alot of hogwash. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Elder Joined: 10/4/2006 Posts: 13,821 Location: Nairobi
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tom_boy wrote:masukuma wrote:tom_boy wrote:masukuma wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? Read the article, it is very clear. Goverments are realising that social media companies need to pay tax directly to various jurisdictions where they operate. Its not about having a local office. Read carefully. Read it a couple of times and a number of things standout 1) Governments are not satisfied with the current international laws on taxation because GAFA (Google Apple Facebook Amazon) figured out a way to beat the system especially by keeping most of their commercial operations in countries like Luxembourg and Ireland yet keep operating in their countries. So they pay the bare minimum. 2) they are proposing this "temporary" fix to try and raise those taxes back to what is 23% or so. This is a revenue based tax based on where digital users are. Even they know it's a bad idea that's why they are referring to it as a stop gap measure. 3) not all countries are in agreement. Remember when I told you it's all about WHAT GOVERNMENT CAN GET AWAY WITH or WHAT GOVERNMENT CANNOT GET AWAY WITH? GAFA have operations in the EU and it's therefore asking those local operations to submit returns on such data is practical and possible and if they don't comply - you can funga mtu. These countries are consequential to these big companies and they can afford to be irrational without putting their necks on the line. Assume Facebook went rogue and refused to follow the dictates of the EU parliament - their local heads would be in trouble... the EU wouldn't 'block' facebook - that would be madness. Now compare that with your situation - you make an irrational call like that - who is to report to you? the only action you have on your plate is to ban/block GAFA and then you will face your masses way before Facebook faces you. I think you are being very selective in your interpretation. The article is clear that among the issues being looked into is the issue of imposing a tax on money that GAFA makes from selling individual data to third parties. That has been my point all along. The collective data of Kenyans is valuable. . Kenya should get paid for it. If not, GAFA can as well stop operating in Kenya. Others will come up. Google is not the only search engine. Neither is a facebook githeri ama omena. That's the question I asked sometime back - "who is selling individual data to third parties" and you asked me to read and I read it again and there were 3 categories which were 1) Online advertising (google,facebook, maybe amazon) 2) those shared economy things like Uber 3) companies that are "selling individual data to third parties" and I asked... who is "selling individual data to third parties"? I am not aware of GAFA doing that. THEY LEVERAGE INDIVIDUAL DATA and make it easier to create targeted ads but no one goes to facebook with tonne of cash and says... hey... may I have all the data for people in kenya? You log in and you create targeted ads... to reach "30 year old masters degree holding females working in the insurance sector with center to left political views" <-- that is not "selling INDIVIDUAL DATA" All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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What mavegges said "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Member Joined: 2/20/2007 Posts: 767
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masukuma wrote:tom_boy wrote:masukuma wrote:tom_boy wrote:masukuma wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? Read the article, it is very clear. Goverments are realising that social media companies need to pay tax directly to various jurisdictions where they operate. Its not about having a local office. Read carefully. Read it a couple of times and a number of things standout 1) Governments are not satisfied with the current international laws on taxation because GAFA (Google Apple Facebook Amazon) figured out a way to beat the system especially by keeping most of their commercial operations in countries like Luxembourg and Ireland yet keep operating in their countries. So they pay the bare minimum. 2) they are proposing this "temporary" fix to try and raise those taxes back to what is 23% or so. This is a revenue based tax based on where digital users are. Even they know it's a bad idea that's why they are referring to it as a stop gap measure. 3) not all countries are in agreement. Remember when I told you it's all about WHAT GOVERNMENT CAN GET AWAY WITH or WHAT GOVERNMENT CANNOT GET AWAY WITH? GAFA have operations in the EU and it's therefore asking those local operations to submit returns on such data is practical and possible and if they don't comply - you can funga mtu. These countries are consequential to these big companies and they can afford to be irrational without putting their necks on the line. Assume Facebook went rogue and refused to follow the dictates of the EU parliament - their local heads would be in trouble... the EU wouldn't 'block' facebook - that would be madness. Now compare that with your situation - you make an irrational call like that - who is to report to you? the only action you have on your plate is to ban/block GAFA and then you will face your masses way before Facebook faces you. I think you are being very selective in your interpretation. The article is clear that among the issues being looked into is the issue of imposing a tax on money that GAFA makes from selling individual data to third parties. That has been my point all along. The collective data of Kenyans is valuable. . Kenya should get paid for it. If not, GAFA can as well stop operating in Kenya. Others will come up. Google is not the only search engine. Neither is a facebook githeri ama omena. That's the question I asked sometime back - "who is selling individual data to third parties" and you asked me to read and I read it again and there were 3 categories which were 1) Online advertising (google,facebook, maybe amazon) 2) those shared economy things like Uber 3) companies that are "selling individual data to third parties" and I asked... who is "selling individual data to third parties"? I am not aware of GAFA doing that. THEY LEVERAGE INDIVIDUAL DATA and make it easier to create targeted ads but no one goes to facebook with tonne of cash and says... hey... may I have all the data for people in kenya? You log in and you create targeted ads... to reach "30 year old masters degree holding females working in the insurance sector with center to left political views" <-- that is not "selling INDIVIDUAL DATA" Part of the problem is trying to apply old thinking to technology. The way I see it, FB operates in this way, I am a farmer who sells sukumawiki (data) to FB (the hotel). The hotel puts my sukuma and the other farmers'carrots together to make a meal ( megadata analysis). The hotel (FB) invites customers (advertisers) to eat the meal and pay for it. If this is not analogous to selling my data then sijui niseme nini. On a sidenote, I now have too many FB ads on every click I make. FB has decided after scanning my activity that I must be very interested in FB. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Tomboy you know nothing about FB. Join today it's free "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 10/4/2006 Posts: 13,821 Location: Nairobi
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tom_boy wrote:masukuma wrote:tom_boy wrote:masukuma wrote:tom_boy wrote:masukuma wrote:tom_boy wrote:tom_boy wrote:https://www.google.com/amp/s/amp.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0#ampshare=https://www.ft.com/content/e38b60ce-27d7-11e8-b27e-cc62a39d57a0 According to draft proposals seen by the Financial Times, the European Commission will unveil a three-pronged digital tax next week that targets revenues rather than profits, heeding calls in France, Germany and Britain for a tougher approach to tax avoidance by tech companies. The levy, which is likely to be set at a rate of 3 per cent, will be raised against advertising revenues generated by digital companies such as Google, the fees raised from users and subscribers to services such as Apple or Spotify, and the income made from selling personal data to third parties. This is a totally different matter but to be certain let me ask - who is selling personal data? Read the article, it is very clear. Goverments are realising that social media companies need to pay tax directly to various jurisdictions where they operate. Its not about having a local office. Read carefully. Read it a couple of times and a number of things standout 1) Governments are not satisfied with the current international laws on taxation because GAFA (Google Apple Facebook Amazon) figured out a way to beat the system especially by keeping most of their commercial operations in countries like Luxembourg and Ireland yet keep operating in their countries. So they pay the bare minimum. 2) they are proposing this "temporary" fix to try and raise those taxes back to what is 23% or so. This is a revenue based tax based on where digital users are. Even they know it's a bad idea that's why they are referring to it as a stop gap measure. 3) not all countries are in agreement. Remember when I told you it's all about WHAT GOVERNMENT CAN GET AWAY WITH or WHAT GOVERNMENT CANNOT GET AWAY WITH? GAFA have operations in the EU and it's therefore asking those local operations to submit returns on such data is practical and possible and if they don't comply - you can funga mtu. These countries are consequential to these big companies and they can afford to be irrational without putting their necks on the line. Assume Facebook went rogue and refused to follow the dictates of the EU parliament - their local heads would be in trouble... the EU wouldn't 'block' facebook - that would be madness. Now compare that with your situation - you make an irrational call like that - who is to report to you? the only action you have on your plate is to ban/block GAFA and then you will face your masses way before Facebook faces you. I think you are being very selective in your interpretation. The article is clear that among the issues being looked into is the issue of imposing a tax on money that GAFA makes from selling individual data to third parties. That has been my point all along. The collective data of Kenyans is valuable. . Kenya should get paid for it. If not, GAFA can as well stop operating in Kenya. Others will come up. Google is not the only search engine. Neither is a facebook githeri ama omena. That's the question I asked sometime back - "who is selling individual data to third parties" and you asked me to read and I read it again and there were 3 categories which were 1) Online advertising (google,facebook, maybe amazon) 2) those shared economy things like Uber 3) companies that are "selling individual data to third parties" and I asked... who is "selling individual data to third parties"? I am not aware of GAFA doing that. THEY LEVERAGE INDIVIDUAL DATA and make it easier to create targeted ads but no one goes to facebook with tonne of cash and says... hey... may I have all the data for people in kenya? You log in and you create targeted ads... to reach "30 year old masters degree holding females working in the insurance sector with center to left political views" <-- that is not "selling INDIVIDUAL DATA" Part of the problem is trying to apply old thinking to technology. The way I see it, FB operates in this way, I am a farmer who sells sukumawiki (data) to FB (the hotel). The hotel puts my sukuma and the other farmers'carrots together to make a meal ( megadata analysis). The hotel (FB) invites customers (advertisers) to eat the meal and pay for it. If this is not analogous to selling my data then sijui niseme nini. On a sidenote, I now have too many FB ads on every click I make. FB has decided after scanning my activity that I must be very interested in FB. No - it's like building a house for a living creature - gizmo filled house. The creature can barter 0 or more breaths of carbon dioxide to live in the house. the house has many great rooms - some can only be made relevant with much more CO2 from this person. He can exhale anywhere he wants - he never loses the ability to breath. the owner of the house finds a way of using these gases to make money by selling the potential to reach out to breathing creatures in the house based on the types of gases they emit. the more gas the creature emits - the more the rooms he has access to and the happier they are. the more gases they emit - the happier the house owner is. a win-win situation. an ecosystem. the creature will breath anyway... why not get value out of it? All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Member Joined: 2/20/2007 Posts: 767
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http://www.bbc.com/capit...money-selling-your-data
The world is starting to see that personal data is a commodity that can be bought and sold. Its only a matter of time before companies dealing with personal data begin to pay tax for it. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Elder Joined: 8/16/2011 Posts: 2,296
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