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Most Popular Sites Reserve Right To Sell Users' Data If Company Changes Hands

Amazon, Apple, Facebook, Google, LinkedIn and Hulu are among the Web companies that reserve the right to transfer information about consumers to third parties in the event the company is sold or goes bankrupt. An analysis by The New York Times of the top 100 Web sites found that 85 had privacy policies that reserved the right to transfer consumers' data if the company was sold or went bankrupty. At least 17 of those sites promised to alert consumers to any data transfer, but only two -- Etsy and -- promised to allow consumers to opt out of sharing their information in the event of sale or bankruptcy.

Read the whole story at The New York Times »

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