Facebook Threatens to Shoot Itself in the Foot
Over the summer, the Court of Justice of the European Union struck down a longstanding data-sharing framework known as the Privacy Shield, which allowed companies operating in the U.S. and European Union to transfer user data within those regions.
As the EU has been strengthening privacy protections for consumers in recent years, regulators and lawmakers across the pond have become increasingly concerned about U.S. government surveillance of European users. Furthermore, U.S. data protections are not nearly as stringent as European requirements imposed by the General Data Protection Regulation (GDPR).
Image source: Facebook.
Source Fool.com
