Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror
Slashdot Deals: Prep for the CompTIA A+ certification exam. Save 95% on the CompTIA IT Certification Bundle ×
Privacy Technology

How Nest and FitBit Might Spy On You For Cash 93

Nerval's Lobster writes: "Forbes offers up a comforting little story about how Nest and FitBit are planning on turning user data in a multi-billion-dollar business. 'Smart-thermostat maker Nest Labs (which is being acquired by Google for $3.2 billion) has quietly built a side business managing the energy consumption of a slice of its customers on behalf of electric companies,' reads the article. 'In wearables, health tracker Fitbit is selling companies the tracking bracelets and analytics services to better manage their health care budgets, and its rival Jawbone may be preparing to do the same.' As many a wit has said over the years: If you're not paying, you're the product. But if Forbes is right, wearable-electronics companies may have discovered a sweeter deal: paying customers on one side, and companies paying for those customers' data on the other. Will most consumers actually care, though?"
This discussion has been archived. No new comments can be posted.

How Nest and FitBit Might Spy On You For Cash

Comments Filter:

Related Links Top of the: day, week, month.

Live within your income, even if you have to borrow to do so. -- Josh Billings

Working...