Most people who talk about data privacy they discuss how much Google knows about our email conversations, the lack of security in the Apple iPhone address book or other internet scenarios that run through their minds. There is one company out there, from Conway, Arkansas, known as Acxiom Corporation. The company has over 23,000 computer servers collecting, analyzing and collating data of consumers.
According to a report in The New York Times, the company processes over 50 trillion data transactions per year. The company’s databases contain information for over 500 million consumers across the globe, with almost every United States adult included in that number. The computers also hold close to 1,500 data points for each of the 500 million consumers on record with the company. This company digs deeper into the lives of Americans than the FBI, the CIA or the IRS.
 |
|||
 |
|
Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!! |
|
The company makes money by selling the information it garners to companies such as Toyota, HSBC, Ford, Wells Fargo and Macy’s. For the most part, the company will sell its data to anyone who can afford to purchase it. The company posted a profit of $77.26 million in 2011 on sales of $1.13 billion. The company is starting to emerge from the shadows because it is embarking on using targeted digital marketing for its data collecting processes.
Posted by Jim Vassallo
on June 22, 2012. Filed under Breaking News.
You can follow any responses to this entry through the RSS 2.0.
You can skip to the end and leave a response. Pinging is currently not allowed.
Attorney Career Resources is sponsored by BCG Attorney Search, the nation's leading placement firm, specializing in law firm placements.
Law firms of all sizes are being much more selective about who makes equity partner. Gone are the days where doing good work and putting in your time is enough to get you to a profit sharing level. Today, equity partners almost always have to prove that they can contribute their share to the firm. So what does this mean for associates and how can a two-tiered partnership track be beneficial? With a two-tiered partnership structure, associates get more time to prove themselves and also more time to determine whether partnership is the right goal for them. Two-tier partnerships (non-equity and equity) exist so the firm can train and develop associates into equity partners. The non-equity track to partner at most firms is on average, 6 years long. [...]
May 16, 2013 Read More
 |
||
| Search Thousands of Legal Jobs | ||
|
Job Type: |
||
 |
||
|
Browse Jobs by Location: |
||
|
||
| Keyword Search: | ||
|
||
Recent comments