DUBLIN: Ireland's High Court on Monday (Sep 14) temporarily froze a probe by Facebook's lead European Union regulator that threatened to halt the US social media giant's transatlantic data flows, a court spokesman said. Facebook had sought a judicial review of the Irish Data Protection Commission's preliminary decision that the mechanism it used to transfer data from the European Union to the United States "cannot in practice be used." "Leave to take the Judicial Review was granted," the court spokesman said. "A stay was put on the Section 11 order," he added, referring to the Data Protection Commission order that threatened to block the data flows. No date has yet been set for the matter to return to the court, he said. In seeking to derail the Irish regulator's decision, Facebook has said the mechanism in question, the Standard Contractual Clause (SCC), had been deemed valid by the Court of Justice of the European Union in July. However, the July ruling also said that … [Read more...] about Irish High court freezes probe into Facebook’s EU-US data flows
TOULOUSE, France: The head of European planemaker Airbus has warned staff members of compulsory layoffs as air travel fails to recover as quickly as expected from the COVID-19 crisis. The warning in a letter to its 130,000 staff members from Chief Executive Guillaume Faury, seen by Reuters, marks a more pessimistic tone from the planemaker, which had previously said only that it could not rule out compulsory measures. "I owe it to you to be transparent: It's unlikely that voluntary departures will be enough," Faury wrote in the letter. The threat of compulsory redundancies risks friction with unions and the French government, which have urged the Toulouse-based planemaker to avoid compulsory layoffs as it sheds up to 15,000 posts to cope with plummeting travel demand. Airbus has repeatedly warned its 130,000 staff members that the outlook is uncertain amid the industry's worst crisis, which has hit aircraft deliveries and severely weakened airline finances. "Unfortunately, … [Read more...] about Airbus CEO warns of compulsory layoffs as airline crisis deepens
SINGAPORE: To understand where we are on the US-China trade war, you need to keep in mind two points. First, both US political parties agree that China’s unfair trade practices and plan to use the power of the state to dominate key sectors of the 21st century (through a Made-in-China 2025 plan) needs to be checked. Second, Donald Trump believes in tariffs. “I am a Tariff Man,” he has said. To think about where we may be going, understand Donald Trump’s primary objective is to get re-elected. However, the political scene in the US is not the only one at play. Just as Mao Zedong worried about challenges to his rule, Xi Jinping also must also keep in mind his politics. With this as background, one can try to understand the dynamics at work in the current installment of the US-China trade war and think about what may be next. THE THINKING IN BOTH COUNTRIES Trump’s tweets seem to indicate that he may have given up on doing a deal with China. “We would be better off … [Read more...] about Commentary: Have the gloves come off in latest US-China trade war saga?
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