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Canada Dashboard Digest | U of C instructor: Facebook needs new business model Related reading: Dixon talks enforcement timeline as Irish DPC nears end of first GDPR probe




University of Calgary Instructor of Business Technology Management Catherine Heggerud said Facebook needs a new business model with the EU General Data Protection Regulation in effect, Global News reports. “Historically, the business model for corporations like Facebook has been ‘great, give us your data, we own it,’” Heggerud said. “Now, as [new] legislation starts to roll out in the [European Union] … you actually own your data and you have the right to port it to whatever platform you want and you have the right to take it back.” Heggerud said Facebook could see users “pull back” should the company see another data breach.
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