Europe wants Big Tech to delete customer data after three years.

"Billionaire tech CEOs want to know everything about you, but you should know everything about them" <br><br>Europe wants to limit how long Big Tech firms can hold onto customer data. The European Union (EU) is pushing a radical change, with a proposal that tech giants like Google, Amazon, Tesla, and Facebook should only be allowed to hold onto customer data for three years. <br><br>"Billionaire tech CEOs want to know everything about you, but you should know everything about them. We want to make sure that the consumer has the control, and Big Tech can't use all this data to track you," an EU insider told The Sun. The move comes as a reaction to Elon Musk's plans to use data from Tesla's self-driving cars to predict and pre-empt crimes. <br><br>The proposed changes are currently being discussed by EU lawmakers and could be part of new data laws due to come into effect in 2025. The rules would cover tech giants with revenues of more than $8.4 billion and user bases of over 100 million. If passed, the new data laws would require firms to delete customer data after three years if they don't use it for a specific purpose. <br><br>The European Union is pushing this change to give customers more control over their data and prevent tech giants from exploiting it. The move aims to protect user privacy and ensure that data isn't used for purposes like surveillance or predictive policing.