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TEHRAN, April 04 - Facebook Inc Chief Executive Mark Zuckerberg said on Tuesday that he agreed “in spirit” with a strict new European Union law on data privacy but stopped short of committing to it as the standard for the social network across the world.
TEHRAN, Young Journalists Club (YJC) - As Facebook reels from a scandal over the mishandling of personal information belonging to millions of users, the company is facing demands to improve privacy and learn lessons from the landmark EU law scheduled to take effect next month.
Zuckerberg told Reuters in a phone interview that Facebook was working on a version of the law that would work globally, bringing some European privacy guarantees worldwide, but the 33-year-old billionaire demurred when asked what parts of the law he would not extend worldwide.
“We’re still nailing down details on this, but it should directionally be, in spirit, the whole thing,” Zuckerberg said. He did not elaborate.
His comments signal that U.S. Facebook users, many of them still angry over the company’s admission that political consultancy Cambridge Analytica got hold of Facebook data on 50 million members, could find themselves in a worse position than Europeans.
The European law, called the General Data Protection Regulation (GDPR), is the biggest overhaul of online privacy since the birth of the internet, giving Europeans the right to know what data is stored on them and the right to have it deleted.
Apple Inc (AAPL.O) and some other tech firms have said they do plan to give people in the United States and elsewhere the same protections and rights that Europeans will gain.
Shares of Facebook closed up 0.5 percent on Tuesday at $156.11. They are down more than 15 percent since March 16, when the scandal broke over Cambridge Analytica.
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