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Nov 8, 2017 in Analysis
Analysis on Companies’ Private Policies
On its part, Yahoo treats personal information with the highest degree of concern required. However, there are cases when the information can be shared to third parties. For instance, one’s personal information can be shared to third parties whenever it is ascertained that the third party is working on behalf of Yahoo, whenever there is an obligation to respond to legal cases and court orders and whenever there is merging of companies so that Yahoo gets to own a newly merged company for which the information is passed transferred. Yahoo reserves the right to alter some of their policies. However, the alterations are made known to customers prior to the changing exercise. Consequently, Yahoo cannot share identifiable personal data with their close business partners. These business partners are mostly advertisers who include financial service providers as well as non-financial service providers. On the other hand, Google makes use of personal information to improve on their customer’s services. Personal information cannot be shared with other third-parties unless the user consents to the arrangement. However, there are cases whereby the information can be shared. For instance, data needed for legal reasons and in the course of external processing of data by third-parties. The company reserves the right to alter the components of its private policies on a regular basis. However, this can only be done with the consent of the user.
For PayPal Company, the sharing of personal information is almost automatic given that the company provides payment services with third parties and merchants included. Whenever a sale or purchase is made the company provides personal information to the third party in order to verify the entire process. However, sharing of information to third parties is an agreement that is reached upon with the owner’s consent to owning and using PayPal services. An abrupt alteration of privacy policies without the customer’s consent might reduce loyalty to the company since the changes might be taken to mean an upper edge over the customer’s service use. This might thus led to the customer ceasing from using the services offered as they will seek other better alternatives. It should be noted that, in such cases, customers feel short-chained and hence they will conduct personal analysis in order to minimize the risk involved.