There is good news for U.S. entities on the privacy front: on November 16, 2018, new draft guidelines were adopted in the EU to provide clarity with respect to the territorial scope of the GDPR, namely how the law will be applied to business entities located in different parts of the world (for our purposes, the United States). Lisa B. Dubrow, ESQ explains.
GDPR: New Guidelines Adopted For Jurisdictional Reach Read More »
Last Thursday, millennial-focused digital news site Mic laid off most of its editorial staff and was subsequently bought by the Bustle Digital Group for $5 million, reports Recode. Mic co-founder and CEO Chris Altchek announced the layoffs at an all-employee meeting on Friday. Approximately 30 staffers of more than 100 will remain at Mic, including Altchek and co-founder Jake Horowitz, says Recode. As severance, most employees would receive one month of pay and health care. They were told to clean out their desks by the end of the day and that their computer access would be shut off at 2 p.m. on Thursday, says The New York Times.
Mic Lays Off Majority of Staff and Is Bought by Bustle for $5 Million Read More »
