California governor proposes data dividend

LOS ANGELES — In his first state of the state address on Tuesday, California Gov. Gavin Newsom proposed “a new data dividend” that could allow residents to get paid for providing access to their data. The data dividend proposal follows the state legislature’s passage last year of a landmark data privacy bill, granting consumers specific rights related to their personal digital information that’s collected, shared or maintained by businesses. Democratic state Sen. Bob Hertzberg, who represents part of Los Angeles County and was one of the primary authors of the data privacy bill, described the plan as “the next frontier of the online and privacy for Facebook and Google didn’t respond to requests for comment.

Source: www.cnbc.com