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Stock impact report

UPDATE 1-Austrian data privacy activist takes aim at "forced consent" [Reuters]

Alphabet Inc. - Class C Capital Stock (GOOG) 
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Company Research Source: Reuters
UPDATE 1-Austrian data privacy activist takes aim at forced consent | Reuters Reuters Staff 5 Min Read * Targets Google, Facebook, Instagram and WhatsApp * Activist: Blocking users who won’t share data illegal * There must be an opt-out option - Schrems * Potential fines up to 4 percent of global revenues * TV: EU data law provides fresh ammo to Facebook nemesis reut.tv/2kqVhYS (Adds fresh quote, link to Schrems TV interview) By Lucy Fielder and Douglas Busvine VIENNA/LONDON, May 25 (Reuters) - As Europe’s new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them. Austrian Max Schrems filed complaints against Google , Facebook, Instagram and WhatsApp, arguing they were acting illegally by forcing users to accept intrusive terms of service or lose access. That take-it-or-leave-it approach, Schrems told Reuters Television, violates people’s right under the General Data Pro Show less Read more
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