Study: Facebook would have to pay US$3.50/month to US users for sharing contact info

The study by US based think tank the Technology Policy Institute (TPI) is the first that attempts to quantify the value of online privacy and data. It assessed how much privacy is worth in six countries by looking at the habits of people in the United States, Germany, Mexico, Brazil, Columbia and Argentina. — AFP

WASHINGTON: German Facebook users would want the social media platform to pay them about US$8 (RM34) per month for sharing their contact information, while US users would only seek US$3.50 (RM15), according to a study of how people in various countries value their private information.

The study by US based think tank the Technology Policy Institute (TPI) is the first that attempts to quantify the value of online privacy and data. It assessed how much privacy is worth in six countries by looking at the habits of people in the United States, Germany, Mexico, Brazil, Columbia and Argentina.