3 ms·

They have a lot of users and GDPR is really tricky to implement when dealing with any manual processes. Though they have a lot of users in the EU (population 7

They have a lot of users and GDPR is really tricky to implement when dealing with any manual processes. Though they have a lot of users in the EU (population 700M), it seems that once they figure out how to do it for their 250M (?) EU users, expanding it to 2B users is not a huge stretch.

donkeyd 9y ago
It's not hard to do, but it limits a lot of stuff that their business is built on. So implementing it world-wide could have a negative business impact and will definitely impact the stock price in the short term.
mikekchar 9y ago
My point is that I don't think they have it figured out ;-) (and they have just over a month left!) I agree that once they get it sorted (which they will have to do), they will almost certainly roll out the majority of it world wide just because it is easier.
- HenryBemis 9y ago
  Very few companies (care to) understand GDPR and the full extent or its reach/scope. Most think that it's all about "adding the privacy policy to our website" and that's it. When the flood of letters starts, THEN they will feel the true pain/essence/extent of GDPR. E.g. when my bank will get MY letter asking them who they share my data to, and asking them to STOP sharing my data with friggin FB (WTF???) on their app.. it will be fun to watch them squirm.
  - bonesss 9y ago
    Here's some help to make your bank cry a little: The GDPR Nightmare Letter -- https://www.linkedin.com/pulse/nightmare-letter-subject-access-request-under-gdpr-karbaliotis https://www.linkedin.com/pulse/nightmare-letter-subject-acce...
  - return1 9y ago
    I have yet to see a GDPR article with concrete , worked out example cases. I think EU should have published such a guide out. The law is more vague than a gospel.
jacquesm 9y ago
> population 700M You are probably counting 'Europe the continent' rather then the EU (where the GDPR will come in effect) which is rather lower at 525 million or thereabouts.
- Johnny555 9y ago
  Yeah, I just Googled "EU population" and used the number Google gave, if I search "European Union population", then it gives 508M.

donkeyd 9y ago

It's not hard to do, but it limits a lot of stuff that their business is built on. So implementing it world-wide could have a negative business impact and will definitely impact the stock price in the short term.

mikekchar 9y ago

My point is that I don't think they have it figured out ;-) (and they have just over a month left!) I agree that once they get it sorted (which they will have to do), they will almost certainly roll out the majority of it world wide just because it is easier.

HenryBemis 9y ago
Very few companies (care to) understand GDPR and the full extent or its reach/scope. Most think that it's all about "adding the privacy policy to our website" and that's it. When the flood of letters starts, THEN they will feel the true pain/essence/extent of GDPR. E.g. when my bank will get MY letter asking them who they share my data to, and asking them to STOP sharing my data with friggin FB (WTF???) on their app.. it will be fun to watch them squirm.
- bonesss 9y ago
  Here's some help to make your bank cry a little: The GDPR Nightmare Letter -- https://www.linkedin.com/pulse/nightmare-letter-subject-access-request-under-gdpr-karbaliotis https://www.linkedin.com/pulse/nightmare-letter-subject-acce...
- return1 9y ago
  I have yet to see a GDPR article with concrete , worked out example cases. I think EU should have published such a guide out. The law is more vague than a gospel.

jacquesm 9y ago

> population 700M You are probably counting 'Europe the continent' rather then the EU (where the GDPR will come in effect) which is rather lower at 525 million or thereabouts.

Johnny555 9y ago
Yeah, I just Googled "EU population" and used the number Google gave, if I search "European Union population", then it gives 508M.