Negotiators for the
European Commission and the United States agree on a pact protecting data transfers across the North Atlantic by companies such as Google and Amazon, imposing on such companies certain privacy shield obligations.
European and U.S. negotiators agreed a data pact on Tuesday that should prevent European Union regulators from restricting data transfers by companies such as
The European Court of Justice decides an international agreement, generally known as a Safe Harbor rule, used by thousands of companies for moving people's digital data between the European Union and the United States is invalid, effective immediately. The decision throws into doubt how global technology giants like Facebook, Amazon and Google can collect, manage, and analyze online information from their millions of users in the 28-member bloc. Decisions by this court, the highest legal authority in the EU, cannot be appealed. 2015-10-6 (Context: Amazon.com, Google, U.S.)
In the United States, the NASDAQ and S&P 500 end at record highs spurred by strong results by tech giants Google, Amazon and Microsoft. 2015-04-24 (Context: Amazon.com, Google, U.S.)
Amazon.com cuts off its access to the WikiLeaks website following "heavy political pressure" applied by Joe Lieberman, a senator in the United States. The move is compared to the censorship of Google by China. 2010-12-2 (Context: Amazon.com, Google, U.S.)
The European Commission fines Google EUR4.34 billion for breaching EU antitrust regulations, claiming that Google abused the dominant position of Android to promote their search product. Google announces it will appeal the ruling. 2018-07-18 (Context: European Commission, Google)
The European Commission scraps the draft legislation that would have permitted the EBA regulator to order "too big to fail" banks to split off their trading activities, citing "no foreseeable agreement" in sight on criteria. The draft was supposed to be the EU's answer to the United States' Volcker Rule. 2017-10-24 (Context: European Commission, U.S.)