STOP THE PRESSES: The European Union’s highest court struck down an international data sharing pact that governs how digital data is moved between the E.U. and the United States. The New York Times reports.

The ruling, by the European Court of Justice, could make it more difficult for global technology giants — including the likes of Amazon and Apple, Google and Facebook — to collect and mine online information from their millions of users in the 28-member European Union. … Although most big multinational companies and their lawyers have hammered out side agreements with the European Union that should allow them to continue moving data across borders for now, the court’s ruling could hold significant implications down the road. It will empower data-privacy regulators in each of the bloc’s nations to evaluate how data is moved from their countries to the United States, and it will permit national authorities to impose tougher restrictions on specific data transfers.

TPP RAISING QUESTIONS: Eleven Pacific rim nations and the United States agreed to the so-called Trans-Pacific Partnership pact on Monday, raising concerns among digital rights advocates. The Electronic Frontier Foundation told Ars Technica that the agreement “raises significant concerns about citizens’ freedom of expression, due process, innovation, the future of the Internet’s global infrastructure, and the right of sovereign nations to develop policies and laws that best meet their domestic priorities. In sum, the TPP puts at risk some of the most fundamental rights that enable access to knowledge for the world’s citizens.” Additionally, EFF said, the deal could “require signatory counties to adopt heightened copyright protection that advances the agenda of the US entertainment and pharmaceutical industries agendas but omits the flexibilities and exceptions that protect Internet users and technology innovators.”

DATA BREACH AT TRUMP HOTELS: The Trump Hotel Collection confirmed that it experienced a year-long breach of its credit card system. Krebs on Security reports:

In a Web site created to share details about the hack, The Trump Hotel Collection said the breach affects customers who used their credit or debit cards at the hotels between May 19, 2014, and June 2, 2015. While the independent forensic investigator did not find evidence that information was taken from the Hotel’s systems, it appears that there may have been unauthorized malware access to payment card information as it was inputted into the payment card systems.