Facebook loses EU case; US-Israel arms deal; Australia lockdown
In today’s episode, we will look at a recent Irish court ruling that could completely change US tech giant Facebook’s handling of European data, talk about a $735 million weapons deal between USA and Israel, and discuss Australia’s decision to maintain strict COVID preventive measures till 2022.
Today on The Leaders' Brief -
- A recent decision by Ireland’s High Court, dismissing US tech giant Facebook’s complaint against Ireland’s Data Protection Commission, could severely impact Facebook’s data-based revenue model. Facebook had challenged the Preliminary Draft Decision (PDD) and the DPC inquiry leading to it by citing "devastating" and "irreversible" consequences for its business.
- Recent reports by US media have stated that the Joe Biden administration has okayed the export of $735 million worth of precision-guided weapons to Israel, at a time the country is facing its worst violence in years. While Israel is known to have received US military and economic assistance since its formation, the timing of the deal threatens to dampen President Joe Biden’s image among Democrat voters.
- Officials from Canberra said last week that they have no intention of lifting international border restrictions before mid-2022. The country had closed its borders to non-nationals and non-residents in March 2020 and has allowed only limited international arrivals since then. Australia’s decision to maintain strict border restrictions comes at a time its tourism industry is estimating losses of $5-7 Billion, threatening to jeopardise over 300,000 jobs.
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egomonk is a global intelligence platform delivering asymmetric outcomes by bringing organizations closer to the communities they want to serve and the leaders they wish to influence. If you wish to collaborate with us then email us at [email protected].