President Trump's threatened Executive Order "banning" social media application TikTok prompted Microsoft to announce that it would "continue discussions to explore a purchase of TikTok in the United States."
The California Attorney General proposed additional modifications to proposed regulations for the California Consumer Privacy Act. The Act went into effect on January 1, 2020, and will be enforced starting July 1, 2020.
The House Financial Services Committee considered legislation to (i) prohibit retail businesses from refusing cash payments and (ii) encourage an increase in mobile banking and electronic payment technologies.
The California Attorney General proposed draft regulations to the soon-to-be effective California Consumer Privacy Act. The proposed regulations provide clarity on the collection and use of personal data by businesses and organizations.
Five companies settled FTC charges for falsely identifying themselves as participants in the EU-U.S. Privacy Shield framework, which allows companies to transfer consumer data from the European Union and Switzerland to the United States.
The U.S. Senate Committee on Banking, Housing and Urban Affairs considered testimony on the collection, use, and protection of personally identifiable information in light of the EU's General Data Protection Regulation.
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