VENTURE CAPITAL POST

European privacy watchdogs is now assessing the Privacy Shield framework that would regulate the EU-U.S. relations in privacy protection. It’s likely that the EU watchdogs will ask for another review to be conducted in 2018, when a new a new EU data protection law comes into force.

Uber revealed that it has received too much data request from US law enforcement agencies and regulators. The company has provided information on its riders and drivers for most requests after reviewing its legal framework.

Microsoft has became the first major U.S. tech company to endorse the Privacy Shield agreement between EU and the U.S. The company agreed to discuss the framework of data protection further with the EU officials soon.

In the wake of Brussels attack, more European countries are considering making new policies that would legally require tech companies to hand over encrypted information when needed. That will affect tech companies around the world as Apple is pushing forward to fight back in the U.S. as well as in Europe.

France’s data protection authority CNIL fined U.S. tech giant Google for failing to comply with the European top court’s ruling for the “right to be forgotten”. Google has implemented the ruling in Europe, however, the authority demanded that the ruling applied worldwide.

Sources believe that Apple is trying to enhance its security for iCloud amid the legal dispute with the FBI. However, the tech giant will have its challenges to ensure security while retaining users convenience. Reports also said that the company has moved some of its iCloud services to Google servers.

The Chinese government just passed a new controversial anti-terrorism law as part of the country's effort to curb any threat either from the inside or outside of the country. According to the new law, the Chinese authority has the right to request for sensitive information from any technology firms in the country.

European data privacy regulators on Thursday handed Google a package of guidelines to help it bring the way it collects and stores user data in line with EU law after six regulators opened investigations into the internet giant.

Banks from Switzerland are being pressured by European and United States governments to release private information.