Facebook CFO David Wehner says it will be GDPR compliant, active user numbers may be affected
Wehner told an investor meeting Wednesday that the social media giant is ready for the EU regulation.
Facebook CFO David Wehner told a Morgan Stanley investor conference on Wednesday that upcoming European Union (EU) privacy rules could affect the number of company’s daily active users (DAUs), CNBC reports.
There “could be some implication on DAUs” because of the coming regulations, Wehner said.
The General Data Protection Regulation (GDPR), goes into effect on May 25. The sweeping legislation will require companies to gain explicit consent from users before collecting or sharing their personal data.