The Washington Post reports on provocative comments from the data protection commissioner for the northern German state of Schleswig-Holstein that if European privacy authorities have their way, "Facebook's business model will implode." The regulator says the site's $38 starting share price is "based on practices that breach European privacy rules," the report states. Meanwhile, a U.S. law firm announced it has combined 21 privacy lawsuits against the company into one class-action suit, CNET News reports. The Stewarts Law US suit asks for $15 billion from the company for allegedly violating user privacy by tracking them on the Web. (Registration may be required to access this story.)
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