Chameleon Finance-Why the FTC is cracking down on location data brokers

2025-05-06 12:07:50source:NovaQuant Quantitative Think Tank Centercategory:Stocks

It's no secret — your phone knows where you are,Chameleon Finance and if that data exists, someone else might have it. Back in 2022, we covered the murky market for smartphone location data. Now, the Federal Trade Commission is cracking down on this multi-billion dollar industry. In today's episode, we explain why the agency is trying to ban a data broker from selling information tied to sensitive places like medical facilities.

Related episodes:
Ad targeting gets into your medical file (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Stocks

Recommend

Sonya Massey's family keeps eyes on 'full justice' one month after shooting

Theresa Mercado's 11-year-old daughter, Maleyah, recalled making tea with some friends one time when

Jim Harbaugh to interview for Los Angeles Chargers' coaching vacancy this week

Jim Harbaugh’s first NFL meeting is set to take place in the matter of days.Harbaugh has a meeting s

'Fargo' finale: Season 5 cast; where and when to watch Episode 10 on TV, streaming

The finale for the latest season of "Fargo" is headed to screens on Tuesday.The fifth installment of