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Search engine Google has agreed to better inform users about how it handles their personal information after an investigation by Britain's data protection regulator found its privacy policy was too vague. The Information Commissioner's Office said in a statement that it required Google to sign a "formal undertaking" that it would make the changes by June 30 and take further steps in the next two years. The ICO investigation stems from a privacy policy implemented by Google in March 2012 that consolidated some 70 existing privacy policies into one and pooled data collected on individual users across its services, including YouTube, Gmail and its social network Google+. more...


By Francesco Guarascio BRUSSELS (Reuters) - The European Commission is mulling a new law requiring telecoms companies to store communications data of EU citizens as part of its efforts to fight terrorism, after a top court struck down the previous one on privacy concerns. The deadly Islamist attacks in Paris on Jan. 7-9 have focused European Union leaders' minds on how to intensify counter-terrorism efforts at home, such as by creating an EU system for storing airline passenger data. According to minutes from a meeting of the executive European Commission last week, it is also considering whether it should reintroduce a new data retention law that would avoid being struck down by the European Court of Justice (ECJ). EU Home Affairs Commissioner Dimitris Avramopoulos noted "on the one hand, the fundamental role that telecommunications records could play in the fight against terrorism and, on the other, the importance of adopting a cautious and measured approach". more...


After years of giving investors the cold shoulder, Amazon.com Inc is starting to warm up to Wall Street. The No. 1 U.S. online retailer was unusually forthcoming during its fourth-quarter earnings call on Thursday, saying it will break out results this year, for the first time, for its fast-growing cloud computing unit, Amazon Web Services. This was a shift in tone for Amazon, which typically refuses to disclose more than the most basic details, including how many members belong to its $99-a-year Prime program or if its wide-ranging investments are paying off. Chief Executive Jeff Bezos has deflected criticism of his spending by emphasizing that he takes a much longer view than most investors. more...


By Gerry Shih, Michael Martina and Joseph Menn BEIJING/SAN FRANCISCO (Reuters) - Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups. Western companies say the rules have not yet been formally adopted, and some said they believed Beijing would retreat on some of the most onerous ideas, including demanding that firms' proprietary source code be reviewable. On Wednesday, 18 American business groups urged Beijing to postpone rolling out the regulation, which they argued were motivated by protectionism as well as security concerns that intensified in the wake of disclosures of U.S. spying techniques by former National Security Agency contractor Edward Snowden. more...


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