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Facebook and Google could be forced to tell you how much your data is worth under new US legislation

Tech companies like Facebook and Google could be forced to reveal how much individual users’ data is worth to them under new legislation in the US, according under new legislation in the US.

Putting a dollar figure on how much people’s data is worth is unlikely to be straightforward for the companies involved and the bill could provoke opposition.

Source: Facebook and Google could be forced to tell you how much your data is worth under new US legislation | Business Insider India

Facebook ordered by U.S. judge to turn over data privacy records

A U.S. judge ordered Facebook Inc to give shareholders emails and other records concerning how the social media company handles data privacy, after data for 87 million users was accessed by the British political consulting firm Cambridge Analytica.

Shareholders sued Facebook last September to obtain records related to Cambridge Analytica and other breaches, and said that upon finding wrongdoing, they might sue company officers and directors through a so-called derivative lawsuit.

Source: Facebook ordered by U.S. judge to turn over data privacy records – Reuters

Supreme Court dismisses Facebook appeal over transfer of user personal data to the US

Ireland’s Supreme Court has dismissed Facebook’s appeal over a High Court decision to refer key issues concerning the validity of European Commission decisions approving EU-US data transfer channels to the Court of Justice of the EU.

The referral was made by the High Court in proceedings by the Data Protection Commissioner (DPC) arising from complaints by Austrian lawyer Max Schrems the transfer of his personal data by Facebook to the US breached his data privacy rights as an EU citizen.

Source: Supreme Court dismisses Facebook appeal over transfer of user personal data to the US – Independent.ie

How Ireland became Europe’s data watchdog

Most of the major US tech companies, including Facebook, Google, Microsoft, Twitter, Apple, LinkedIn, Airbnb and Dropbox, are registered for processing personal data in Ireland.

So the responsibility for policing their compliance with the EU’s General Data Protection Regulation (GDPR) falls on the country’s Data Protection Commission (DPC).

Full article: How Ireland became Europe’s data watchdog – BBC News

1 year into GDPR, ad industry braces for more fines

Complacency is a dangerous mistress. But it’s a trap many companies are in danger of falling into when it comes to the General Data Protection Regulation, according to advertising sources.

The temptation to do as little as possible, so as to maintain ad revenues, is high. And with no seriously worrying fines levied yet at businesses, several publishers that had taken a strict approach to consent, have started to loosen their terms in order not to feel punished by falling ad revenues while their rivals flourish.

Full article: ‘We’ve only just started’: 1 year into GDPR, ad industry braces for more fines – Digiday

Facebook facing 20-year consent agreement after privacy lapses

The social media giant Facebook is headed toward an agreement with the U.S. government over its privacy policies and practices that would put it under 20 years of oversight.

The agreement would resolve a probe of whether the company violated a similar consent pact reached in 2011. There had been expectations a deal was imminent after Facebook set aside $3 billion to pay what it said it expected to be a $3 billion to $5 billion penalty. But two sources said on Monday that no deal was expected this week.

Source: Facebook facing 20-year consent agreement after privacy lapses

Turkish watchdog fines Facebook $271,000 for data breach

Turkey’s Personal Data Protection Authority (KVKK) said on Friday it had fined Facebook a total of 1.65 million lira ($270,976.01) in April due to a data breach.

It cited a Facebook statement from December as saying the company had discovered a photo API bug that allowed third-party applications to access Facebook user photos.

Source: Turkish watchdog says it fines Facebook $271,000 for data breach – Reuters

Brussels Court of Appeal refers Facebook case to CJEU

Belgian Data Protection Authority (DPA) announced, on 8 May 2019, that the Brussels Court of Appeal issued its judgment in relation to the DPA’s proceedings against Facebook, Inc., following the pleading of the parties to the Court on 27 and 28 March 2019.

DPA highlighted that the Court did not rule on the merits of the case and decided to refer it to the Court of Justice of the European Union (CJEU) to be assessed in line with the General Data Protection Regulation (GDPR) seeking to ensure that the DPA can pursue the case against Facebook.

Source: Belgium: Brussels Court of Appeal refers Facebook case to CJEU

FTC settlement could impose new privacy practices on the Facebook

Stronger oversight of its data-collection practices could end a wide-ranging federal probe into a series of privacy abuses that came to light last year. The concessions could accompany a multibillion-dollar fine from the Federal Trade Commission, which opened its probe last year.

Facebook has told the U.S. government it is willing to submit to greater oversight of its data-collection practices — from the launching of new services to the decisions of its top executives — to end a wide-ranging federal probe into a series of privacy abuses that came to light last year.

Source: Facebook FTC settlement could impose new privacy practices on the social media company – The Washington Post

Facebook Faces a Big Penalty, but Regulators Are Split Over How Big

Facebook’s announcement in late April that it had set aside $3 billion to $5 billion to settle claims that it mishandled users’ personal data suggested a strong consensus by federal regulators that the social media giant needed to be held accountable.

The F.T.C. chairman seems to have the votes to approve a settlement. But the members are split on the size and scope of the tech company’s punishment. One of the biggest issues has been whether to hold Mark Zuckerberg liable for future violations.

Source: Facebook Faces a Big Penalty, but Regulators Are Split Over How Big – The New York Times

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