Tag Archives: $1.5

Facebook to Put 1.5 Billion Users Out of Reach of New EU Privacy Law

HIGHLIGHTS Facebook is keen to reduce its exposure to GDPR Companies can be fined for using personal data without users’ consent Change affects more than 70 percent of Facebook’s 2 billion-plus members If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook users around the world would be… Read More »

Exclusive: U.S. Cardinal Health puts $1.5 billion China business on block – sources

HONG KONG (Reuters) – U.S. drug distributor Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms in a deal that may be worth up to $1.5 billion, sources familiar with the matter said. Shanghai Pharmaceutical Holding Co Ltd, China Resources Pharmaceutical Group Ltd and Sinopharm Group Co Ltd are… Read More »