Articles by Stephanie Bodoni

Facebook Faces £500,000 Fine in UK over Cambridge Analytica Data Privacy Violations

Facebook Inc. could be fined a symbolic 500,000 pounds ($664,000) by the U.K.’s privacy regulator after the social network giant failed to prevent key user data falling into the hands of a political consultancy that helped get President Donald Trump …

Luxembourg Runs Low on Large Offices for Insurers, Banks Seeking Post-Brexit HQs

Luxembourg is so tiny that map-makers have been known to give up and pretend it’s not there. So as the minuscule financial hub continues to draw London firms opening up a post-Brexit presence in the European Union, there’s a nagging …

GDPR Day 1: A New Era in Data Privacy Begins

From tech giant Facebook Inc. to libraries and schools, organizations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over their personal information. It’s occupied thousands of lawyers, …

Facebook Begins Complying with EU’s Privacy Rules; Global Users to Be Protected

Facebook Inc. is starting to comply with new privacy rules in Europe. And then, to get ahead of scrutiny everywhere else, the company said it will provide the same protections to the rest of its 2 billion users. Users in …

Facebook ‘Willing’ to Meet with EU Regulators over Widening Data Scandal

Facebook Inc. expressed a “willingness to engage” with European Union regulators in the wake of fresh evidence showing that data on most of the social network’s 2 billion users could have been accessed improperly. Justice Commissioner Vera Jourova is in …

Facebook Will Dodge EU’s Tough New Data Rules – as GDPR Is Effective in May

Markets had already delivered their verdict before the European Union’s data privacy watchdogs could express outrage toward Facebook Inc. And while the social media giant lost as much as $60 billion in value earlier this week, Facebook is set to …

EU Court Rules Uber Should Be Regulated as Transport Firm, Not an App

Uber Technologies Inc. suffered a defeat when the European Union’s top court ruled its ride-hailing service should be regulated as a transport company, a decision that could set a precedent for the burgeoning gig economy. The EU Court of Justice …

UK Firms Choosing Luxembourg as Brexit HQ May Find Lifestyle Differences

Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc. While many find the Grand Duchy a multilingual paradise, would-be expats are …

Luxembourg Successfully Woos UK Finance Firms Seeking Post-Brexit HQs

Luxembourg is becoming a serious contender among nations bidding for business to come their way after the U.K.’s exit from the European Union, as insurers, asset managers and financial-technology companies are interested in setting up shop in the Grand Duchy. …

EU Court to Decide Whether Uber Is an App or a Transport Company

Fifteen judges at the European Union’s top court are trying to decide, once and for all, whether Uber Technologies Inc. is an app or a transport company. The question has long vexed regulators and lawmakers across the region. Defeat for …