Google and Privacy: 6 EU Countries Take Action
PARIS — Google’s new privacy policy is under attack from regulators in its largest European markets, who on Tuesday brought legal action to try and force the company to overhaul practices they say let it create a data goldmine at the expense of unwitting users. Led by the French, organizations in Britain, the Netherlands, Germany, Spain and Italy agreed Tuesday on the joint action, with the ultimate possibility of imposing fines or restrictions on operations across the entire 27-country European Union. Last year the company merged 60 separate privacy policies from around the world into one universal procedure. The European organizations complain that the new policy doesn’t allow users to figure out which information is kept, how it is combined by Google services, or how long the company retains it. (MORE: Google Glass Will Be Made in the USA by Foxconn) The fines’ financial impact on Google would be limited — French privacy watchdog CNIL has the right to fine the company up to ...
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PODCAST: Consumer confidence, health care spending jump up
Tuesday, September 25, 2012 - 09:51 Andreas Rentz/Getty Images A doctor examines a patient. Some important economic data has rolled our way this morning, including the latest read on consumer confidence . Markets closed moderately higher in Europe, amid the usual rhetorical fireworks: Germany's Angela Merkel warned Spain, Greece and company need to cut their spending. The head of the Euroepean Central Bank says he stands by to rescue them if they get into trouble. Health care spending grew more than 4 percent last year, according to a new report out this morning. Workers at Yahoo! are expecting to hear from the company's new CEO today , on her plans to jump-start growth. There's already been one big change insde the company: Yahoo! employees are all getting free smartphones and free meals at work. China today officially put its first aircraft carrier into service. China says the timing has nothing to do with its recent tiffs with Asian neighbors over naval territory. One of those -- a dispute ...
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