BBCNEWS Business Briefing July 14, 2024
We start with a hearing in europes top court, which will have huge implications for hundreds of thousands of companies with european operations. In a landmark case, the European Court ofjustice in luxembourg will decide whether the way facebook transfers personal data to the us should be outlawed. The court will hear arguments by austrian privacy activist max schrems, who claims the Us Government doesnt sufficiently protect europeans data when its shipped across the atlantic. The case comes four years after mr schrems brought down safe harbour, a Previous Data sharing deal worth billions of eu...