Tech Firms Filing to Go Public Warn Investors of Shifts in Privacy Rules
Several tech companies that filed to go public over the past week warned investors that fast-changing legal frameworks to protect consumer privacy could threaten their bottom lines.
New laws and recent court decisions around the world raise questions for businesses that rely on harvesting customer information, analyzing data and transferring it across borders, the companies said in filings with the Securities and Exchange Commission.
The firms told investors that expanding privacy regulations could force them to pay more fines, shuffle their global operations or even rethink business strategies.
Source: Tech Firms Filing to Go Public Warn Investors of Shifts in Privacy Rules
