• An EU court just killed a vital U.S. data-sharing agreement. Some say global trade is at risk

    26 days ago - By Fortune

    Europe's highest court just ushered in a nightmare for thousands of American companies, big and small.
    Some companies now find themselves immediately unable to legally serve users in the EU. And many Big Tech titans, starting with Facebook , could soon be in the same boat.
    It's all thanks to U.S. surveillance laws, which do not give Europeans a chance to control the collection of their data by American intelligence agencies.
    On Thursday morning, the Court of Justice of the European Union struck down a 2016 data-sharing deal between the U.S. and EU, because it could not guarantee the...
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  • EU court cancels US data-sharing pact over snooping concerns

    EU court cancels US data-sharing pact over snooping concerns

    26 days ago - By Chron

    LONDON - The European Union's top court ruled Thursday that an agreement that allows thousands of companies - from tech giants to small financial firms - to transfer data to the United States is invalid because the American government can snoop on people's data.
    The ruling to invalidate Privacy Shield will complicate business for some 5,000 companies, and it could require regulators to vet any new data transfers to make sure Europeans' personal information remains protected according to the EU's stringent standards.
    It will no longer simply be assumed that tech companies like Facebook will...
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  • Europe's Top Court Collapses The Privacy Shield In Facebook Data Transfer Case

    26 days ago - By Forbes

    Europe's top court invalidates the Privacy Shield scheme in Facebook data transfers case
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  • EU court strikes down agreement with US that tech companies use to transfer data outside the bloc

    26 days ago - By Stl Today

    LONDON - EU court strikes down agreement with US that tech companies use to transfer data outside the bloc.
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  • Europe's top court strikes down flagship EU-US data transfer mechanism

    Europe's top court strikes down flagship EU-US data transfer mechanism

    26 days ago - By Tech Crunch

    A highly anticipated ruling by Europe's top court has just landed - striking down a flagship EU-US data flows arrangement called Privacy Shield.
    ECJ : the Decision on the adequacy of the protection provided by the EU-US Data Protection Shield is invalidated, but EU Commission Decision on standard contractual clauses for the transfer of personal data to processors established in third countries is valid Facebook Schrems pic.twitter.com/BgxGAvuq3T
    - EU Court of Justice July 16, 2020
    The case - known colloquially as Schrems II (in reference to privacy activist and lawyer, Max Schrems, whose...
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  • EU court invalidates data-sharing pact with US

    26 days ago - By Chron

    LONDON - The European Union's top court ruled Thursday that an agreement that allows big tech companies to transfer data to the United States is invalid, and that national regulators need to take tougher action to protect the privacy of users' data.
    The ruling does not mean an immediate halt to all data transfers outside the EU, as there is another legal mechanism that some companies can use. But it means that the scrutiny over data transfers will be ramped up and that the EU and U.S. may have to find a new system that guarantees that Europeans' data is afforded the same privacy protection...
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