TechCrunch Summary (2023-05-12 10AM)

Source: Elon Musk appoints new Twitter CEO, NBCU’s Linda Yaccarino

Summary
Elon Musk has hired Linda Yaccarino, a business executive with a strong background in advertising, as Twitter’s new CEO. Musk will oversee product design and new technology as chairman and CTO while Yaccarino focuses on business operations.

Fact

🐦 Yaccarino, an advertising executive, has been named the new CEO of Twitter.

📉 Musk’s leadership has negatively impacted Twitter’s revenue from advertising.

💻 Musk will remain chairman and CTO and oversee product design, software, and sysops.

❤️ During a conference last month, Yaccarino expressed her commitment to sanitizing the Twitter brand and encouraged audience members to voice their concerns to Musk in a Q&A.

Source: Major decision on the legality of Facebook’s EU-US data transfers is due to be adopted today

Summary
The Irish Data Protection Commission will adopt its final decision today on a complaint against Facebook’s personal data transfers from the EU to the US. The order is expected to be published on May 22, with a possibility of a suspension on data flows.

Fact

🕰️ The Irish Data Protection Commission will adopt its final decision on Facebook’s personal data transfers from the EU to the US today.

📅 The order is expected to be published on May 22 and there might be a suspension on data flows.

💻 Meta will be given time to review the document and identify sensitive information to redact.

🇪🇺 An EU-US Data Privacy Framework to resolve the conflict between US surveillance practices and EU data protection rights is still being reviewed by the EU institutions.

❌ There is a possibility that the order could require Facebook to delete European users’ data if it’s found to have been unlawfully transferred to the US.

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