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<div>
Monday, June 1, 2026
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You have legal rights over your personal data. You just don't own it
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No jurisdiction on Earth grants individuals property rights over their personal data. What
exists instead is a patchwork of privacy regulations, intellectual property doctrines, and contract terms that give different parties different claims over the same information. The question of who owns data has been debated for more than two decades. The rise of AI, which requires vast amounts of personal data for training, has made it urgent.
</div>
<div>
<br/>
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<div>
The first major legal framework governing personal data online was the E.U.'s ePrivacy Directive, passed in 2002 and amended in 2009, which became known as the "cookie law." The
original 2002 directive allowed cookies with a simple opt-out mechanism, treating browser settings as sufficient protection.
</div>
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<br/>
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<div>
The 2009 amendment changed the standard from opt-out to opt-in. Article 5(3) of the amended directive stated that storing information on a user's device was allowed only "on condition that the subscriber or user concerned has given his or her consent." This single change triggered the wave of cookie consent banners that now appear on websites worldwide.
</div>
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<br/>
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The cookie law
established a principle that has shaped every subsequent regulation: Users must be told what data is being collected and given some mechanism to control it. But consent isn't ownership.
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The Business Case for Learning a New Language
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In a global economy, the ability to communicate across cultures isn't just a soft skill — it's a competitive advantage.
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Learning a
new language sharpens how you think, broadens how you negotiate, and opens doors that stay closed for everyone else.
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With Babbel, expert-designed lessons focus on real-world conversation, building practical skills in just 10 minutes a day.
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No fluff. Just steady,
measurable progress you can put to use right away — in as little as 3 weeks.This Spring, get 60% off a Lifetime subscription — access to all 14 languages in the app, forever. One smart investment, compounding returns.
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Today's Poll
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Should users legally own the data platforms collect?
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We own it, platforms just store it
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<!--[if mso]><a href="https://www.ne16.com/t/10799182/222404108/9887773/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0wMSUyMCUyOFVTJTI5&x=e1039e6a"
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<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
<!--[if
!mso]><!-->
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">
It's too complex to assign ownership
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10799182/222404108/9887774/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0wMSUyMCUyOFVTJTI5&x=90a3cfca"
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</td>
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</tbody>
</table>
</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" style="margin: 0 auto;" width="100%">
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<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
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<td height="40" style="vertical-align:middle;text-align:center;font-size:16px;font-family:Arial,Helvetica,sans-serif" valign="middle">
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: 1px solid
#105C8E; display: block; " target="_blank">
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<tbody>
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<td align="center" bgcolor="#105C8E" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif" valign="middle">
<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
<!--[if
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<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">
We should own raw data, not what's inferred
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10799182/222404108/9887775/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0wMSUyMCUyOFVTJTI5&x=d56d25b1"
target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">We should own raw data, not what's inferred</a><![endif]-->
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</tbody>
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</td>
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</tbody>
</table>
</td>
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</tbody>
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</div>
</div>
</td>
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<td class="td100" colspan="6" height="24" style="width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
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mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
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<td class="editor-cell-text td100" colspan="6" style="padding:10px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<h1 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:24px;font-weight:bold">
<span style="font-family:Arial;font-size:24px">
Here's what you need to know
</span>
</h1>
</td>
</tr>
<tr>
<td class="snippet td100" colspan="6" style="width:100%;position:static;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" data-rss-posts="undefined" height="100%" style="table-layout:fixed" width="100%">
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<a aria-label="Andrew Harnik / Getty Images" style="color:#105C8E" target="_blank" title="Andrew Harnik / Getty Images">
<img alt="Andrew Harnik / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2276427449.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODAzMDgwODguODI1NDM2NH0:1wTzSa:mV1j9C-Br-zqyBlQpilkco-R2z3OZL40TfGKpBkM7lc" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div>
<strong style="line-height:1.4;color:#105C8E">
<a data-linktext="A federal judge temporarily blocks Trump's $1.8 billion 'lawfare' fund." data-linktype="Normal" style="color:#105C8E" target="_blank">
A federal judge temporarily blocks Trump's $1.8 billion "lawfare" fund.
</a>
</strong>
<span style="line-height:1.4;color:#000000">
The fund was set up to pay people who say the government
targeted them for political reasons. A hearing is set for June 12 to decide if the block continues. Critics say it could reward Trump allies, including Jan. 6 riot participants.
</span>
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td align="left" class="editor-cell-image td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:middle;width:33.3333%;text-align:left;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Ronaldo Schemidt / Contributor" style="color:#105C8E" target="_blank" title="Ronaldo Schemidt / Contributor">
<img alt="Ronaldo Schemidt / Contributor" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2229091600.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODAzMDgwODguODI1NTYzN30:1wTzSa:TXbNuoHSG5Wft453NcCM9rWwjOQXZOz8mp2T2cQYBjs" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
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<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div>
<strong style="color:#105C8E;line-height:1.4">
<a data-linktext="Exxon warns oil prices could spike to $160 a
barrel soon." data-linktype="Normal" style="color:#105C8E" target="_blank">
Exxon warns oil prices could spike to $160 a barrel soon.
</a>
</strong>
<span style="line-height:1.4;color:#000000">
Global inventories are weeks from record lows. The Strait of Hormuz closure has cut roughly 14 million barrels per day from global supply. Exxon and Chevron both say prices will spike sharply when stockpiles run out.
</span>
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td align="left" class="editor-cell-image td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:middle;width:33.3333%;text-align:left;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Anadolu / Getty Images" style="color:#105C8E" target="_blank" title="Anadolu / Getty Images">
<img alt="Anadolu / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2206338240.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODAzMDgwODguODI1Njg5fQ:1wTzSa:hyPaAo2y21-C_Tu2d1CtS8YU2yZfue1dGe-SqdN9Oiw" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div>
<strong style="line-height:1.4;color:#105C8E">
<a data-linktext="California sues 23andMe over DNA data breach cover-up." data-linktype="Normal" style="color:#105C8E" target="_blank">
California sues 23andMe over DNA data breach cover-up.
</a>
</strong>
<span style="line-height:1.4;color:#000000">
The state's attorney general says the company ignored security flaws that exposed
genetic data for seven million people and then lied about the severity. Genetic data can reveal sensitive details about a person's health and ancestry.
</span>
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td align="left" class="editor-cell-image td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:middle;width:33.3333%;text-align:left;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Angela Weiss / Getty Images" style="color:#105C8E" target="_blank" title="Angela Weiss / Getty Images">
<img alt="Angela Weiss / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2228339013%2520%25281%2529.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODAzMDgwODguODI2MjM4Nn0:1wTzSa:XS3TLYBEWMpyTb5spJWikcFaNg58c3-oHBOShAw1cmA" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div>
<strong style="line-height:1.4;color:#105C8E">
<a data-linktext="Pfizer signs $10.5B cancer drug deal with Chinese biotech." data-linktype="Normal" style="color:#105C8E" target="_blank">
Pfizer signs a $10.5 billion cancer drug deal with Chinese biotech.
</a>
</strong>
<span style="line-height:1.4;color:#000000">
The U.S. pharma giant will pay $650 million upfront to co-develop 12 early-stage cancer programs with Innovent Biologics. The deal is part of a record wave of Western drugmakers licensing treatments from Chinese biotech firms.
</span>
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
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</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td align="left" class="editor-cell-image td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:middle;width:33.3333%;text-align:left;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Martin Lelievre / Getty Images" style="color:#105C8E" target="_blank" title="Martin Lelievre / Getty Images">
<img alt="Martin Lelievre / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2273141547.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODAzMDgwODguODI2MzgzOH0:1wTzSa:52Q0IOrncn4x67VmwSu7XQJVYVVcLNcuU0BpEVmekv0" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div>
<strong style="line-height:1.4;color:#105C8E">
<a data-linktext="Kalshi launches regulated crypto perpetual futures in the US." data-linktype="Normal" style="color:#105C8E" target="_blank">
Kalshi launches regulated crypto perpetual futures in the U.S.
</a>
</strong>
<span style="line-height:1.4;color:#000000">
The CFTC approved the bitcoin contract, bringing a market with over $90 trillion in
annual offshore volume onto a regulated U.S. exchange for the very first time. Kalshi plans to expand to more than a dozen crypto assets.
</span>
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
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</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td class="td100" colspan="6" height="24" style="width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
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<tr class="trpad10">
<td class="editor-cell-text td100" colspan="6" style="padding:10px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<h1 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:24px;font-weight:bold">
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Recommended
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<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" height="100%" style="table-layout:fixed" width="100%">
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<td class="mobilehide editor-cell-text td100" colspan="6" style="background-color:#E9F2F9;padding:20px;font-size:14px;line-height:1.5;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;font-weight:bold">
Entrepreneurial Inspiration and its free
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<br/>
</div>
<div>
Stories, insights and what's working right now from Adam Wagner - an investor and advisor to Grüns, owner of Raindrop (the agency behind Dr. Squatch) and operator of
VitaWild.
</div>
<div>
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<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="Subscribe To Adam Wagner's Newsletter" data-linktype="Normal" style="color:#105C8E" target="_blank">
Subscribe To Adam Wagner's Newsletter
</a>
</strong>
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</tbody>
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Sign up with Acorns, and get a $20 bonus
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<a data-linktext="Expert language tutoring from Rosetta Stone" data-linktype="Normal" style="color:var(=-blue-cta-default)" target="_blank">
Expert language tutoring from Rosetta
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Elon Musk is being priced as near-certain to become the world's first
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On Kalshi, the odds that Musk reaches trillionaire status before 2027 stand above 90%, with traders placing roughly 93% odds on him reaching the benchmark before 2028, according to CNBC. On Polymarket, a separate prediction platform, traders have placed 92.5% market-implied odds on the outcome, citing the combined
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The math underpinning the consensus is straightforward. According to a prospectus released with the filing, Musk holds approximately 5.1 billion SpaceX shares alongside options on roughly 350 million additional shares, exercisable at $8.39 apiece, according to Bloomberg. A $2 trillion IPO valuation would push his total fortune to around $1.1 trillion once his
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Musk has been the world's wealthiest person for nearly two years. Larry Page, the Google co-founder whose fortune stands at $327.8 billion, would trail Musk by a factor of more than three if that threshold is reached.
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