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Google has refused to disclose the Basic Subscriber Information (BSI) of the Youtube channel which operating out of the European Union where the data is protected under General Data Protection Regulation rules. ....
You are probably received a lot of e-mails and pop up ads in recent weeks from companies telling you they are changing their privacy policies. the reason for that, the new european data privacy rules taking effect today. those are called the general data protection regulation, the shorthand for that, gdpr, they are designed to difficult citizens of european countries more control over their personal data. americans and people who live outside of the eu are not covered by the rules but any company who does business in the eu are required to fall the gdpr rules. they have to use plain hang to explain how they collect and use data. in theory, users will be able to access and dheet their personal data. companies have to disclose data preaches within 72 years. ....
Their services to the european market. japan, brazil, south korea are other countries considering changes like this. there was around that testimony from facebook crowe ceo mark zuckerberg in washington, d.c. a lot of conversations about changing the law to make it an opt in system here, that is if you are going to give up data the user has to opt in to do it, give up the information him or herself. is this just europe being europe, having stricter privacy laws historically than the u.s. has? certain companies are going roll these out beyond just the eu jurisdiction. facebook said that they are going to roll out gdpr privacy controls everywhere. i think the market does expect you are going the see some tightening here as well. i don t think investors expect that you would see u.s. lawmakers just copy and paste gdpr here. that would surprise a lot of investors and consumers, i would ....
By contrast it took yahoo three years to reveal the breach that affected 3 billion users. some of the companies taegted, facebook, google, facebook and pinterest. violations are 4% of their revenue. for some companies that could be billions of dollars. joining us, josh lipton. let me ask you, first of all here, you have gotten the e-mails. i have gotten the e-mails. what does this mean for americans what use the sites i just mentioned? well, you know, let s start with what it means for the american tech giants. they are well prepared for the changes considering to financial analysts who cover the internet industry. they are going to point out that companies like google and facebook have been preparing for gdpr for a long time. they have the lawyers and the engineers and the resources to meet the requirements. that s going to be comforting to investors because user data as we know is the lifeblood of big tech. ....
Think. we should also note the fight isn t exactly over in the eu as well. we have seen well-known privacy activists in europe who got right to work i filing complaints against big tech this idea of forced consent, the idea you aren t giving user a true free choice but big tech is already pushing back against that. facebook has already said listen we have done the work we are meeting the requirements of gdpr as stated, our policies are clear our settings and tools are better but it s probably not the last complaint they are going to field from the, u. josh lipton with cnbc. remember that enormous financial disclosure the president released last week? turns out it included a mysterious corporation that brought in more than $100,000. no one at the trump organization wanted to talk to them about what that business could be. now we know the reporter who broke that story joins us next. we came here for the friends. ....