New EU privacy rule could cost U.S. firms billions - discu.eu

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U.S. tech firms that don't adequately warn users in Europe how their information is going to be used could face fines in the billions of dollars under a new European privacy protection directive expected to be agreed upon on Tuesday. http://www.usatoday.com/story/life/web-to-watch/tech-gaming/2015/12/14/eu-european-union-privacy-directive-google-facebook/77314554/ 32 comments 15/12/2015 worldnews

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Tech firms could owe up to 4% of global revenue if they violate new EU data law | Ars Technica http://arstechnica.com/tech-policy/2015/12/tech-firms-could-owe-up-to-4-of-global-revenue-if-they-violate-new-eu-data-law/ 10 comments

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