Skip to main content

Market Overview

Germany's Privacy Watchdog Prohibits Facebook From Collecting WhatsApp User Data For 3 Months: Bloomberg

Share:
Germany's Privacy Watchdog Prohibits Facebook From Collecting WhatsApp User Data For 3 Months: Bloomberg
  • Hamburg’s (Germany) privacy authority head, Johannes Caspar, has issued a three-month emergency ban against Facebook Inc’s (NASDAQ: FB) WhatsApp unit, prohibiting it from German user data collection, for WhatsApp’s alleged intransparent, inconsistent, and overly broad new terms, Bloomberg reports.
  • Caspar also requested a panel of the European Union data regulators to issue a ruling across the 27-nation bloc.
  • report in April noted Germany’s antitrust regulator Seeking action before the new terms go into effect by May 15th.
  • WhatsApp’s latest privacy policy faced global flak, including from the Indian government.
  • Facebook’s WhatsApp unit said the regulator’s action is “based on a fundamental misunderstanding.”
  • Casper aimed to prevent information misuse for Germany’s upcoming national election in September via the ban.
  • Price action: FB shares traded lower by 0.03% at $305.89 on the last check Tuesday.
 

Related Articles (FB)

View Comments and Join the Discussion!

Posted-In: Briefs European Union Germany WhatsAppNews Tech Media Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com