The massive new privacy deal between U.S. and Europe, explained
U.S. and European regulators have agreed to a tentative deal, officials say, that would allow thousands of U.S. companies to continue moving the personal information of ordinary Europeans across the Atlantic. The new "E.U.-U.S. Privacy Shield" deal will replace the original "Safe Harbor" pact — an agreement was struck down by Europe's top court about three months ago, sending regulators on both sides scrambling to fashion a new arrangement that could withstand a legal challenge.
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