strategist of the technical traders dot com thank you both for your time today. facebook could soon be stopped from sending european user data to the u.s. while ireland's data protection commission sent facebook a preliminary order to suspend the data transfers however facebook didn't directly respond to the matter in a blog post facebook's vice president of global affairs and communications nick clegg confirmed the inquiry while this approach is subject to further process that followed it could have a far reaching effect on the businesses that rely on c c's and on the online services many people and businesses rely on he added id p.c. argues data transfer as well they cannot in practice be used for us data transferred this comes after the european court of justice ruled data transfer between the. and the u.s. doesn't adequately protect the privacy of european citizens well it could face a fine of up to 4 percent of its revenue or $2800000000.00 if it actually fails to comply. the...