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Stock impact report

New Privacy Law Makes Europe World’s Leading Tech Watchdog [The New York Times]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Image The European Union on Friday enacts the world’s toughest rules to protect people’s online data. Credit Dylan Martinez/Reuters By Adam Satariano May 24, 2018 LONDON — The notices are flooding people’s inboxes en masse, from large technology companies, including Facebook and Uber, and even from parent teacher associations, children’s soccer clubs and yoga instructors. “Here is an update to our privacy policy,” they say. All are acting because the European Union on Friday enacts the world’s toughest rules to protect people’s online data. And with the internet’s borderless nature, the regulations are set to have an outsize impact far beyond Europe. In Silicon Valley, Google, Facebook and other tech companies have been working for months to comply with the new rules, known as the General Data Protection Regulation . The law, which lets people request their online data and restricts how businesses obtain and handle the information, has set off a pani Show less Read more
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