08-10-2015 02:01 via uk.news.yahoo.com

Smaller U.S. businesses fear freeze from EU privacy ruling

By Yasmeen Abutaleb and Julia Fioretti SAN FRANCISCO/BRUSSELS (Reuters) - U.S. businesses from online coupon company RetailMeNot Inc to security software company Symantec Corp said a European change to rules governing transatlantic personal data transfers would hurt U.S. companies and called for a quick fix. An EU court on Tuesday struck down a deal to let U.S. and European companies easily transfer personal data between continents, leaving some U.S. companies concerned that they will be frozen
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