9 years ago
RadioShack Sold Your Data to Pay Off Its Debts. The FTC Isn’t Too Happy About It.
RadioShack is dead, but its saga is ongoing. Last week, the company’s name was auctioned off for $26.2 million to Standard General, a hedge fund that earlier this year bought hundreds of RadioShack store leases. With the latest purchase, though, Standard General also got RadioShack’s collection of consumer data—that means the names, addresses, email addresses, and purchase histories of potentially tens or even hundreds of millions of RadioShack customers.
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