Reuters exclusively reports Facebook to move UK users to California terms, avoiding EU privacy rules

Reuters exclusively reported that Facebook Inc will shift all its users in the United Kingdom into user agreements with the corporate headquarters in California, moving them out of their current relationship with Facebook’s Irish unit and out of reach of Europe’s privacy laws. The change takes effect next year and follows a similar move announced in February by Google here. Facebook later confirmed the move. 

Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Equities
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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