Transatlantic data pact struck down by EU's highest court
Luxembourg
A TRANSATLANTIC pact that potentially allows US spies to get their hands on European citizens' private data was declared illegal by the EU's highest court, in a ruling that threatens to plunge Internet companies into a legal limbo.
Judges at the European Union's top court struck down the so-called "Safe Harbor" accord after an Austrian law student complained about how US security services can gain unfettered access to Facebook Inc customer information sent to the US.
The 15-year-old agreement, that allo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea government offers first compromise to end doctors' strike
Japanese AI tool predicts when recruits will quit jobs
India votes in gigantic election dominated by jobs, Hindu pride and Modi
Britain’s retail sales disappoint in sign of lacklustre recovery
Explosions in Iran, US media reports Israeli strikes
US veto sinks Palestinian UN membership bid in Security Council