ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

GOOG Alphabet Inc

171.32
-1.66 (-0.96%)
Pre Market
Last Updated: 14:18:10
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alphabet Inc NASDAQ:GOOG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.66 -0.96% 171.32 171.30 171.35 99,082 14:18:10

Internet Firms Should Be Banned From Building Customer Profiles on Personal Data: German Minister

21/09/2014 2:05pm

Dow Jones News


Alphabet (NASDAQ:GOOG)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Alphabet Charts.

FRANKFURT--German Interior Minister Thomas de Maiziere said Google Inc. (GOOG) and other Internet companies should be banned from building profiles of customers using their personal data, according to a media report Sunday.

"We need additional tools that enable meaningful use of Big Data but we also need to prevent the creation of customer profiles," Mr. de Maiziere told the Sunday edition of the Frankfurter Allgemeine Zeitung. He said he wanted to ban Internet companies from gathering customer data and then selling those profiles.

Google handles more than 90% of Web searches in Europe and is still managing a series of continuing disputes with European privacy regulators who have argued for more than two years that the company's privacy policy violates European law. The Silicon Valley company has embarked on a two-month tour of Europe as part of a broader effort to assuage some of those critics.

"If a user allows Google to access their location in order to calculate a route's distance, then they probably don't mean to give Google consent to create a profile of their movements," Mr. de Maiziere said of the data profiles. Still, he backed "harmless" uses of information-gathering without consent, such as collecting anonymous health data.

Under European Union, companies can only gather personal data under strict conditions and must protect it from misuse. In March, the European Parliament voted to increase the fines to 5% from 2% of global turnover for companies who abuse customers' data. European governments are set to vote on the adoption of the new data-protection legislation in October.

Mr. de Maiziere said Europe has a great opportunity to establish a "Made in Europe" security standard that could then be copied world-wide. Given the rapid change of technology, however, he suggested initially limiting the term for the data-protection law to five years.

   Write to frankfurt.priority@dowjones.com 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Alphabet Chart

1 Year Alphabet Chart

1 Month Alphabet Chart

1 Month Alphabet Chart

Your Recent History

Delayed Upgrade Clock