- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Ireland Challenges Facebook in Threat to Cross-Border Data Pact
Facebook (NASDAQ:FB) is in hot water in Ireland, as their privacy watchdog has launched a bid to refer Facebook’s data transfer mechanism to the European Union’s top court in a landmark case that could put the shifting of data across the Atlantic under renewed legal threat. The move is the latest challenge to the various …
Facebook (NASDAQ:FB) is in hot water in Ireland, as their privacy watchdog has launched a bid to refer Facebook’s data transfer mechanism to the European Union’s top court in a landmark case that could put the shifting of data across the Atlantic under renewed legal threat. The move is the latest challenge to the various methods by which large tech firms such as Google and Apple move personal data of EU citizens back to the United States.
As quoted in the press release:
The issue of data privacy came to the fore after revelations in 2013 from former U.S. intelligence contractor Edward Snowden of mass U.S. surveillance caused political outrage in Europe and stoked mistrust of large technology companies and an overhaul in the way businesses can move personal data – from human resources information to people’s browsing histories – so as to protect Europeans’ information against U.S. surveillance.
Ireland’s data protection commissioner, who has jurisdiction over Facebook as its European headquarters are in Dublin, wants The Court of Justice of the European Union to determine the validity of Facebook’s “model contracts” – common legal arrangements used by thousands of firms to transfer personal data outside the 28-nation bloc.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.