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8th February 2022, 09:00 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,575
| Facebook threatens to pull out of EU Unless it is allowed to break privacy law Social notworking group Facebook is throwing its toys out of the pram and threatening to pull out of the EU unless it is allowed to break its GDPR laws. Facebook is insisting that it should be allowed to share data about European users with its US operations, applications, and data centres. What has gotten Facebook’s Capra hircus is a ruling by the EU's Court of Justice (in July of 2020) voiding a US law called the Privacy Shield. European courts are now determining the ruling's ramifications but with the European General Data Protection Regulation (GDPR) well in force, the US Privacy Shield is non-compliant and consequently invalid It hits every American company, including cloud companies like Google, Microsoft, and Amazon, it's Facebook/Meta that "says stopping transatlantic data transfers will have a devastating impact on its targeted online advertisements capabilities." https://fudzilla.com/news/54329-face...pull-out-of-eu |
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