>>15940832

Tyb

US, EU sign data transfer deal to ease privacy concerns

BRUSSELS (AP) — The European Union and United States made a breakthrough in their yearslong battle over the privacy of data that flows across the Atlantic with a preliminary agreement Friday that paves the way for Europeans’ personal information to be stored in the U.S.

President Joe Biden and European Commission President Ursula von der Leyen announced the deal during Biden’s stop in Brussels while on a European tour amid Russia’s war in Ukraine.

Business groups hailed the announcement, saying it will provide relief to thousands of companies, including tech giants like Google and Facebook, that faced uncertainty over their ability to send data between the U.S. and Europe, which has much stricter regulations on data privacy.

Details of the agreement were not provided. It came the same day EU officials agreed on sweeping new digital rules to rein in the power of big tech companies such as Facebook and Google.

“Privacy and security are key elements of my digital agenda, and today we’ve agreed to unprecedented protections for data privacy and security for our citizens,” Biden said. “This new arrangement will enhance the Privacy Shield framework, promote growth and innovation in Europe and the United States, and help companies — both small and large — compete in the digital economy.”

Von der Leyen said the agreement “will enable predictable and trustworthy data flows between the EU and the U.S., safeguarding privacy and civil liberties.”

The dispute stems from a complaint filed nearly a decade ago by Austrian lawyer and privacy activist Max Schrems, who was concerned about how Facebook handled his data in light of revelations about U.S. government cybersnooping from former U.S. National Security Agency contractor Edward Snowden.

Along the way, a ruling by the EU’s top court struck down the Privacy Shield agreement covering transatlantic data transfers because it fell afoul of stringent data privacy standards in the 27-nation bloc. Companies were forced to rely on stock legal contracts to continue the transfers.

The dispute had raised the prospect that Facebook would have to revamp its data centers to ensure European data is kept out of the U.S.

The new agreement “will help keep people connected and services running,” Facebook head of global affairs Nick Clegg tweeted. “It will provide invaluable certainty for American & European companies of all sizes, including Meta, who rely on transferring data quickly and safely.”

Google said it commended the work by the EU and U.S. to “safeguard transatlantic data transfers.”

Schrems called the latest deal a “political announcement.” He said it could get tied up in the courts because his Vienna-based group NOYB would analyze it in depth and challenge anything that’s not in line with EU law.

“Customers and businesses face more years of legal uncertainty,” Schrems said.

https://apnews.com/article/russia-ukraine-biden-technology-business-united-states-830590856518b586e1eeb2a3df69be35

>>15940885

EU agrees on new digital rules to rein in Big Tech dominance

BRUSSELS (AP) — The European Union set the stage for a stepped-up crackdown on big tech companies with an agreement on landmark digital rules to rein in online “gatekeepers” such as Google and Facebook parent Meta.

EU officials agreed late Thursday on wording for the bloc’s Digital Markets Act, part of a long-awaited overhaul of its digital rulebook. The act, which still needs other approvals, seeks to prevent tech giants from dominating digital markets, with the threat of whopping fines or even the possibility of a company breakup.

For instance, they face tighter restrictions on using people’s data for targeted online ads — a primary source of revenue for the likes of Google and Facebook. And different messaging services or social media platforms will be required to work together.

The new rules underscore how Europe has become a global pacesetter in efforts to curb the power of tech companies through an onslaught of antitrust investigations, stringent regulations on data privacy and proposed rules for areas like artificial intelligence.

“What we have been deciding about yesterday will start a new era in tech regulation,” European Union lawmaker Andreas Schwab said at a press conference Friday.

The European Consumer Organisation, or BEUC, welcomed the agreement, saying it would help consumers by creating fairer and more competitive digital markets.

Tech companies were less enthusiastic.

Apple said it was concerned that parts of the Digital Markets Act “will create unnecessary privacy and security vulnerabilities for our users while others will prohibit us from charging for intellectual property in which we invest a great deal.”

Google said it will study the text and work with regulators to implement it.

“While we support many of the DMA’s ambitions around consumer choice and interoperability, we remain concerned that some of the rules could reduce innovation and the choice available to Europeans,” the company said.

Amazon said it is reviewing what the rules mean for its customers. Facebook didn’t reply to a request for comment.

The Digital Markets Act includes a number of eye-catching groundbreaking measures that could shake up the way big tech companies operate.

Big tech companies wouldn’t be allowed to rank their own products or services higher than those of others in online search results or reuse data collected from different services.

A user’s personal data can’t be combined for targeted ads unless “explicit consent” is given.

Messaging services and social media platforms must work with each other to avoid the domination of a few companies that have already established big networks of users. That opens up the possibility, for example, of Telegram or Signal users being able to exchange messages with WhatsApp users.

Criteria for defining a gatekeeper have been tweaked to include companies that earn at least 7.5 billion euros ($8.3 billion) in annual revenue in Europe in the past three years, have a market value of 75 billion euros, provide services in at least three EU countries, and have 45 million users and 10,000 business users each year in the bloc.

Violations could be punished with whopping fines: up to 10% of a company’s annual income. For a repeat offense, a fine of up to 20% of its worldwide turnover may be imposed. That could work out to billions of dollars for wealthy Silicon Valley companies.

Negotiators from the European Parliament and the Council, which represents the 27 EU member countries, reached the deal after months of talks. It now needs to be endorsed by the Council and the European Parliament.

https://apnews.com/article/technology-business-social-media-european-union-facebook-434781764c3eae4d8b8603344d429794

>>15940898

Medal of Honor day.

Today is National Medal of Honor Day, paying tribute to all those – including 298 Marines and 18 @usnavy Corpsmen - who have received the nation’s highest military award for valor.

#MedalOfHonorDay #MedalOfHonor #USMCHistory

https://twitter.com/usmc/status/1507369925605826560?s=21