31–40 of 409 posts
Earlier quoted context omitted.
Facebook might be known as a US company, but they pay taxes in Ireland (amongst other low tax territories) and hold most of their assets there to avoid paying taxes in US.
Not since the new tax code went into effect, but what does that has to do with anything?
So, does GDPR applies to ?: - European citizens only currently living in the EU ? - European citizens worldwide ? - Everyone currently living in the EU ? As a European living in the US, I'm wondering.
See Article 3, "Territorial Scope", here [1]. It's fairly clearly written. [1] https://gdpr-info.eu/art-3-gdpr/
Earlier quoted context omitted.
Why would the US congress want Facebook to go out of their way to maximise their liability to a piece of legislation intended to cripple US corporations and supplement EU budgets with US corporate profits?! Congress should convene a hearing about how current and incoming EU laws are thinly veiled protectionism against US corporations and what should be done about it.
I have to disagree. As someone who is grappling with the impact of these laws on US business I'm acutely aware of the non-existent privacy we all have and how our information is abused and resold. The GDPR, while a pain, are a response to decades of an industry that should have known better.
Couldnt they move all they servers to some thid world country and just dont care about Gdpr at all??
They'd also have to stop being based in Europe (they're officially headquartered in Ireland, because tax evasion), and (here's the kicker): stop doing business with all of Europe. Even if they had to say screw it and not do any targeting of their adds at all, it really wouldn't make any business sense for them to take their ball and go home.
I don't use Facebook, but could one build a service that automatically sets Facebook's privacy settings to sensible options? A large part of the problem is that changing these through the web site is painful in the extreme. I suppose I'm asking if their API provides read/write access to privacy settings. If so, there's a big opportunity here. More generally, I'd like to see governments mandate that all FB user's priv…
Earlier quoted context omitted.
Why would the US congress want Facebook to go out of their way to maximise their liability to a piece of legislation intended to cripple US corporations and supplement EU budgets with US corporate profits?! Congress should convene a hearing about how current and incoming EU laws are thinly veiled protectionism against US corporations and what should be done about it.
"piece of legislation intended to cripple US corporations and supplement EU budgets with US corporate profits". The most ignorant fucking statement I have read on HN in a long time. The 2016 GDPR is an update to the 2002 EU Data Protection Regulation. It has nothing to do with taxes, profits or crippling any company. It is an enforcement of the EU Charter of Fundamental Rights.
"An update" as in adding new laws and regulations all of which are unneeded and all of which are targeting US companies.
Earlier quoted context omitted.
"piece of legislation intended to cripple US corporations and supplement EU budgets with US corporate profits". The most ignorant fucking statement I have read on HN in a long time. The 2016 GDPR is an update to the 2002 EU Data Protection Regulation. It has nothing to do with taxes, profits or crippling any company. It is an enforcement of the EU Charter of Fundamental Rights.
Budget supplements come from potential fines which are set at an exuberant rate. "An update" as in adding new laws and regulations all of which are unneeded and all of which are targeting US companies.
Earlier quoted context omitted.
"piece of legislation intended to cripple US corporations and supplement EU budgets with US corporate profits". The most ignorant fucking statement I have read on HN in a long time. The 2016 GDPR is an update to the 2002 EU Data Protection Regulation. It has nothing to do with taxes, profits or crippling any company. It is an enforcement of the EU Charter of Fundamental Rights.
Budget supplements come from potential fines which are set at an exuberant rate. "An update" as in adding new laws and regulations all of which are unneeded and all of which are targeting US companies.
Clearly not true, but exquisite in the context of the FB factory dodging tax via the Irish loopholes, and now moving away from Ireland as a base.