GDPR

Top Tech Stories of 2018

Facebook

Episode 1552

1. Facebook had a terrible year, starting with leaked information to Cambridge Analytica of up to 87 million users. It lost 19% value, up to $100 billion, the biggest loss in the history of the stock market. Mark Zuckerberg lost $40 billion personally. And there was congressional investivations. All told, Facebook had 21 scandals centered around privacy violations. It was as bad a year as Facebook could get.

2. Apple lost 20% of its value. It went from being the first trillion dollar company to no longer holding that title.

Why can't I post a news article on Facebook?

Facebook

Episode 1491

Joy from Santa Cruz, CA

Joy was trying to post an article on Facebook and got a message that it was blocked according to the EU GDPR regulations. Leo says that Facebook may have thought she was in the EU and would fall under those rules. So Facebook blocked the article. But it may be that Facebook is blocking articles related from European sources. Some news agencies may be blocking EU IP addresses in order to skirt GDPR regulations.

Europe's New Data Privacy Law has Teeth

Data Privacy

Episode 1490

Europe's new General Data Protection Regulation or GDPR has gone in effect, and it has some teeth as companies who fail to comply will face a fine of 4% of their annual income. Leo says that larger companies could face fines in the millions. Leo also says that companies have 72 hours to report all data breaches and give customers the right to have their data deleted upon request.

Read more at money.cnn.com