{"id":3587,"date":"2018-04-26T21:36:46","date_gmt":"2018-04-26T21:36:46","guid":{"rendered":"http:\/\/noti-america.com\/site\/alemania\/?p=3587"},"modified":"2018-04-26T21:36:46","modified_gmt":"2018-04-26T21:36:46","slug":"no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in","status":"publish","type":"post","link":"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/","title":{"rendered":"No Doomsday scenario for Facebook as EU privacy rules kick in"},"content":{"rendered":"
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FRANKFURT \u00a0– As Europe nears tough new privacy rules, Facebook (<\/span>FB.O<\/a><\/span>) reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network that raked in revenues of $12 billion (8.6 billion pounds) in the first quarter.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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That\u2019s despite the furore sparked by its admission that the personal data of 87 million of its users was passed to a company, Cambridge Analytica, that advised U.S. President Donald Trump\u2019s election campaign.<\/p>\n

CEO Mark Zuckerberg was grilled for two days by U.S. lawmakers over the leak, yet he and his management team weren\u2019t even asked by analysts about a possible clampdown by regulators after Facebook reported a 49-percent jump in first-quarter revenues.<\/p>\n

\u201cI don\u2019t know that we really see a Doomsday scenario here,\u201d Chief Financial Officer David Wehner said when asked about the worst possible outcome of the new privacy regime. There could be minor limitations to data usage that might have an impact on targeting for Facebook\u2019s advertisers, Wehner added.<\/p>\n

Facebook, like other consumer tech companies, has overhauled its terms of service to bring them into line with the European Union\u2019s General Data Protection Regulation (GDPR). The rules require requests to gather data to be made in easily understood language, and give users greater rights over that information.<\/p>\n

Crucially, the social network has said it won\u2019t let users opt out of targeted ads that account for most of its revenues. They will be able to limit the amount of data gathered, however, creating the potential for marginal attrition of revenues.<\/p>\n

\u201cThe biggest risk facing Facebook is that changes from GDPR-type regulations will limit the targeting capabilities of advertisers and thus the willingness to keep spending,\u201d said analyst Michael Nathanson of Moffett Nathanson Research.<\/p>\n

There was no evidence that Facebook would be affected more than its digital competitors, he added in a research note: \u201cIt is probable that Facebook emerges comparatively stronger in this new world.\u201d<\/p>\n

Investors seemed to agree, sending Facebook shares 9 percent higher as the stock market opened on Thursday.<\/p>\n

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DOING ENOUGH?<\/h3>\n

Analysts – both bullish and bearish – reckon Facebook is doing enough to avoid the wrath of European regulators who, when GDPR takes effect on May 25, will gain the power to fine it up to 4 percent of annual revenues for serious privacy violations.<\/p>\n

\u201cWe think Facebook are being sincere with GDPR,\u201d said Christopher Rossbach, chief investment officer at J. Stern & Co, who continues to rate Facebook as one of the best investments in the market today.<\/p>\n

Facebook had made significant investments into security, safety and privacy on its platform that would, over time, increase the confidence of users and make it more enjoyable to use, he said.<\/p>\n

Independent analyst Richard Windsor, despite being bearish, also doubts Facebook has much to fear from the GDPR regulator – Ireland\u2019s Data Protection Commissioner (DPC) will be responsible for overseeing Facebook because its main EU office is in Dublin.<\/p>\n

The Irish DPC\u2019s annual budget for this year, of 11.7 million euros (10.2 million pounds), pales in comparison with Facebook\u2019s earnings of $4.99 billion in the first quarter.<\/div>\n

Windsor, who writes the Radio Free Mobile blog, expected concerns arising from the Cambridge Analytica case to be resolved without direct intervention.<\/p>\n

\u201cWhat Facebook may end up proposing is for users to pay for (using) it – with their personal data or in cash,\u201d he told Reuters. \u201cWhen this is cleared up the problem goes away.\u201d<\/p>\n

Source: reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FRANKFURT \u00a0– As Europe nears tough new privacy rules, Facebook (FB.O) reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network...<\/p>\n","protected":false},"author":33,"featured_media":3588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10219548024599422_1632221337088128":"","twitter_242054905_242054905":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[9],"tags":[],"class_list":["post-3587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tecnologia"],"acf":[],"yoast_head":"\nNo Doomsday scenario for Facebook as EU privacy rules kick in - Noti-America.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Doomsday scenario for Facebook as EU privacy rules kick in\" \/>\n<meta property=\"og:description\" content=\"FRANKFURT \u00a0– As Europe nears tough new privacy rules, Facebook (FB.O) reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/\" \/>\n<meta property=\"og:site_name\" content=\"Noti-America.com\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-26T21:36:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/noti-america.com\/site\/principal\/wp-content\/uploads\/sites\/26\/2018\/04\/facebook-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"413\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo estimado de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"No Doomsday scenario for Facebook as EU privacy rules kick in\",\"datePublished\":\"2018-04-26T21:36:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/\"},\"wordCount\":593,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/noti-america.com\/site\/principal\/wp-content\/uploads\/sites\/26\/2018\/04\/facebook-.jpg\",\"articleSection\":[\"Tecnolog\u00eda\"],\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/\",\"url\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/26\/no-doomsday-scenario-for-facebook-as-eu-privacy-rules-kick-in\/\",\"name\":\"No Doomsday scenario for Facebook as EU privacy rules kick in - 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