The social network said that Ireland’s Data Protection Commission has started an inquiry into how Facebook shifts data from the European Union to the United States.
The news was first reported by the Wall Street Journal, which said Ireland’s data commission gave Facebook until mid-September to respond to a preliminary order to suspend the transfers.
The result could be that the U.S. tech giant, which has data centers around the world, is forced to undertake a costly and complex revamp of its operations to ensure that European user data is kept out of the U.S. It’s unclear, however, what impact - if any - there would be on Facebook users.
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META UNDER FIRE FROM EUROPEAN UNION FOR NOT DOING ENOUGH ABOUT ELECTION DISINFORMATION
The European Union said this week that itâs investigating Facebook and Instagram for suspected violations of the blocâs digital rulebook, including not doing enough to protect users from foreign disinformation ahead of EU-wide elections.
SCAMMERS STOLE MORE THAN $3.4 BILLION FROM OLDER AMERICANS LAST YEAR, AN FBI REPORT SAYS
Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released this week that shows a rise in losses through increasingly sophisticated criminal tactics to trick the vulnerable into giving up their life savings.
THE TIKTOK LAW KICKS OFF A NEW SHOWDOWN BETWEEN BEIJING AND WASHINGTON.WHAT'S COMING NEXT?
TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.China rivalry threatens the future of a wildly popular way for young people in America to connect online.
LAWMAKERS AND ADVOCATES MAKE LAST-DITCH PUSH TO EXTEND AFFORDABLE INTERNET SUBSIDY
Twenty-three million families in the U.S. will have bigger internet bills starting in May. Thatâs because a federal broadband subsidy program theyâre enrolled in is nearly out of money.
SAMSUNG REPORTS A 10-FOLD INCREASE IN PROFIT AS AI DRIVES REBOUND IN MEMORY CHIP MARKETS
Samsung Electronics reported this week a 10fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.
ELIMINATION OF TESLA'S CHARGING DEPARTMENT RAISES WORRIES AS EVS FROM OTHER AUTOMAKERS JOIN NETWORK
Elon Muskâs move to lay off the department responsible for Teslaâs electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Teslaâs network.
AMAZON REPORTS STRONG 1Q RESULTS DRIVEN BY ITS CLOUD-COMPUTING UNIT AND PRIME VIDEO AD DOLLARS
Amazon reported this week strong results for the first quarter, driven by growth in its cloud computing unit and new advertising dollars from its Prime Video streaming service.
FCC FINES WIRELESS CARRIERS FOR SHARING USER LOCATIONS WITHOUT CONSENT
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers' location data without their consent.
JOURNALISTS CRITICAL OF THEIR OWN COMPANIES CAUSE HEADACHES FOR NEWS ORGANIZATIONS
This spring, NBC News, The New York Times and National Public Radio have each dealt with turmoil for essentially the same reason: journalists taking the critical gaze they deploy to cover the world and turning it inward at their own employers.
TESLA'S STOCK LEAPS ON REPORTS OF CHINESE APPROVAL FOR THE COMPANY'S DRIVING SOFTWARE
Shares of Tesla stock rallied this week after the electric vehicle makerâs CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.