Global Business Environment: GDPR Regulations and Facebook's Impact
VerifiedAdded on 2021/02/19
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Report
AI Summary
This report examines the impact of the General Data Protection Regulation (GDPR) on Facebook within the context of the global business environment. The report begins with an introduction to social media laws and regulations, emphasizing their importance in protecting stakeholders and users from unethical activities. The main body focuses on the effects of GDPR on Facebook, highlighting how the regulation provides protection for user data and personal information, enhancing security against hacking and leakage. The report discusses how GDPR influences Facebook's practices, such as obtaining user consent for data usage and allowing facial recognition technology. It also explains GDPR's impact on Twitter, particularly regarding data protection for advertisers and partners. The conclusion summarizes the key findings, emphasizing that Facebook and Twitter have implemented various policies to safeguard user data and ensure compliance. References include academic journals and online resources that support the analysis of GDPR's effects on social media platforms.
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