"The European Court of Justice has just ruled that the transatlantic Safe
Harbour agreement, which lets American companies use a single standard
for consumer privacy and data storage in both the US and Europe, is
invalid.
...
Companies such as Facebook and Twitter may now face scrutiny from
individual European countries' data regulators — and could be forced to
host European user data in Europe, rather than hosting it in the US and
transferring it over."
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