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[ad_1] Gannett, the largest US newspaper chain, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising. The publisher of USA Today and more than 200 daily newspapers in a complaint filed in federal court in Manhattan said media are suffering because … Read more
[ad_1] A bipartisan group of six senators and two members of the House of Representatives on Wednesday introduced legislation to protect Americans’ data from being used by US adversaries. The bill is the latest in a series of proposals aimed at addressing concerns about the data of Americans using foreign-owned social media apps like TikTok. … Read more
[ad_1] A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. Representative Patrick McHenry, chairman of the House Financial Services Committee, said he expects to put a bill forward for the panel to consider … Read more
[ad_1] The crypto climate in the US is heating up after the Securities and Exchange Commission (SEC) levied charges of legal violations against Coinbase and Binance this week. In the backdrop of the ongoing chaos, venture capital firm Andreessen Horowitz (a16z) has decided to go international with its presence. The crypto and Web3-focussed company will … Read more
[ad_1] Nigeria’s markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the Securities and Exchange Commission (SEC) said … Read more
[ad_1] The European Union and the United States said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains. Both political and technology industry leaders have been warning of the growing risks as AI takes off, with potentially wide-ranging … Read more
[ad_1] A former employee of Amazon’s Ring doorbell camera unit spied for months on female customers in 2017 with cameras placed in bedrooms and bathrooms, the Federal Trade Commission said in a court filing on Wednesday when it announced a $5.8 million (roughly Rs. 47 crore) settlement with the company over privacy violations. Amazon also … Read more
[ad_1] Several countries — including the US — are conducting research around the development of their respective central bank digital currencies (CBDC). However, ahead of plans to launch a pilot of the ‘digital dollar’ in the US, some lawmakers are questioning the development of a CBDC in the country. US Congressman Alex Mooney has proposed … Read more