Facebook (Meta), Snap, Twitter, and YouTube were big losers following Apple’s overhaul of its privacy policies to give users more control. The estimated $9.85 billion lost by the companies in the third and fourth quarter on average represented a 12% loss of revenue for 2021, according to research firm Lotame.
It’s been a year since Mozilla and DuckDuckGo announced plans for global opt-out capability to let users say “no” to sale of their data without having to go site-by-site. California’s privacy law now requires that companies that collect its residents data must comply with opt-out requests that are sent through Global Privacy Control, so once Firefox is ready to launch the tool, it can have significant impact.
Draft legislation for a Bangladesh data protection law has raised concern that citizen privacy rights may be suppressed, rather than protected, if the Data Protection Act (DPA) is ultimately passed. The draft, which had been available online earlier this year, indicted legislators were considering increased government access to personal data and expansion of departmental surveillance capabilities. This coupled with exempting key agencies from prosecution, could result in weaponization of the law to stifle critics of the government.
Continuing its early fall shopping spree, Salesforce has signed a definitive agreement to acquire data protection and management company Own (it is also acquiring voice agent vendor Tenyx). In addition to analytics capabilities Own will enhance Salesforce’s existing data security tools. It has been a Salesforce AppExchange partner for over 10 years.