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U.S. and Europe Fail to Meet Deadline for Data Transfer Deal

01 February 2016

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"American and European officials failed on Sunday to reach an agreement over how digital data — including financial information and social media posts — could be transferred between the two regions.

Despite last-minute talks, the two sides remained far apart on specific details required to approve a comprehensive deal. Without an agreement, companies that regularly move data, including tech giants like Google and nontech companies like General Electric, could find themselves in murky legal waters."

See the article: U.S. and Europe Fail to Meet Deadline for Data Transfer Deal (The New York Times, link)

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