Sen. Amy Klobuchar (D-Minn.) introduced a bill that would revoke Section 230 protections afforded to internet companies if misinformation on public health emergencies spread on their platforms. If the bill were to become law, the Department of Health and Human Services would be tasked with defining what counts as health misinformation. (Politico)
Kaseya Ltd., the Florida-based software company that suffered a crippling ransomware attack over the July 4 weekend, obtained a universal key that will enable the more than 1,000 global businesses and public organizations affected by the hack to unlock their data. A Kaseya spokeswoman said the firm procured the key from a “trusted third party” and wouldn’t say whether a ransom had been paid. (The Associated Press)
Intel Corp. Chief Executive Pat Gelsinger said in an interview that the global semiconductor shortage might not be resolved until 2023, warning that while supply shortages could begin to ease later this year, it simply “takes a long time to build” the needed manufacturing capacity. Intel reported second-quarter sales of $19.6 billion and a profit of $5.1 billion, largely flat year over year. (The Wall Street Journal)
Social media companies posted strong second-quarter earnings, with Twitter Inc. reporting 74 percent growth in revenue year over year to $1.19 billion, and a profit of $65.6 million after recording a $1.38 billion loss in the year-ago period. (CNBC) Snap Inc.’s revenue climbed 116 percent to $982 million, as its user base saw its highest quarterly level of growth (23 percent) since 2017. (Reuters)
Amazon told customers this week that it would no longer require them to resolve their legal complaints involving the technology giant through arbitration, a significant retreat from a strategy that often helps companies avoid liability.
The Biden administration is developing plans to quickly spend $52 billion to deal with semiconductor supply issues if Congress passes a bill funding such efforts, U.S. Commerce Secretary Gina Raimondo said on Thursday.
In interviews Thursday, Democratic senators said they expected all 50 members of their caucus to sign on to the final product, with the assurance that their $3.5 trillion social spending proposal will include their top priorities.
Google on Thursday said it’s rolling out a new feature called the “About This Result panel,” which will give users more context about their search results, and help them find the most useful information.
The agency has to make a decision by next Thursday on whether to re-file an antitrust case against the social network that a D.C. federal judge tossed last month. The case — which deals with Facebook’s years-old acquisitions of Instagram and WhatsApp — will mark the first major vote for the agency since it gained a Democratic majority last month.
Epic has renewed its fight against mobile platforms’ app store restrictions, filing an update to its antitrust case against Google. The filing adds mostly redacted details about Google’s alleged monopolistic behavior on Android, including banning Epic’s game Fortnite from the Google Play Store last year.
An Indian court on Friday dismissed appeals by Amazon.com Inc and Walmart’s Flipkart that sought to stall an antitrust investigation into their business practices, dealing a major setback to the U.S. firms in a key market.
AT&T’s getting its wireless momentum back. The company boasted the strongest second quarter in 10 years in the key growth area of post-paid subscribers — or customers with higher credit scores who pay at the end of the month — and also saw growth in its HBO and HBO Max streaming service.
A trio of Republicans has introduced a bill that would require the FCC to consider levying Universal Service Fund broadband subsidy fees on Big Tech edge providers including video streaming giants Netflix and YouTube.
Another massive Internet outage along the East Coast struck significant online platforms Thursday, causing the high-traffic websites of companies such as Amazon, Airbnb, FedEx and Delta Air Lines to go dark.
Regulators see the ride-hailing giant’s decision to go public despite pushback from the Cyberspace Administration of China as a challenge to Beijing’s authority, the people said, asking not to be named because the matter is private.
The House Energy & Commerce Committee Wednesday (July 21) approved a bunch of bills meant to promote cybersecurity and network supply chains, including one–the Secure Equipment Act of 2021–extending the FCC’s ban on using tech from suspect Chinese suppliers.
After I watched his speech, Zuckerberg and I had a conversation. (The metaverse being unavailable to us at press time, we used Zoom.) We discussed his vision for an embodied internet, the challenges of governing it, and gender imbalance in virtual reality today. And with President Biden’s fierce criticism of Facebook’s failures in removing anti-vaccine content in the headlines, I asked him about that, too.
The White House has YouTube, not just Facebook, on its list of social media platforms officials say are responsible for an alarming spread of misinformation about COVID vaccines and are not doing enough to stop it, sources familiar with the administration’s thinking said.
In a letter addressed to Mark Zuckerberg, Sheryl Sandberg, and the CEOs of Covalen and Accenture, moderators say these NDAs aren’t limited to user data and help perpetuate a culture of “excessive secrecy.”
Twitter CEO Jack Dorsey confirmed to investors that bitcoin will be a “big part” of the company’s future, as he sees opportunities to integrate the cryptocurrency into existing Twitter products and services, including commerce, subscriptions and other new additions like the Twitter Tip Jar and Super Follows.
Instagram head Adam Mosseri confirmed the company is testing a new feature called “Limits,” which would give users the ability to temporary lock down their accounts when they’re being targeted by a flood of harassment.
YouTube removed videos from President Jair Bolsonaro of Brazil on Wednesday for spreading misinformation about Covid-19, becoming the latest internet platform to act against a leader whose country has one of the world’s highest death counts, but who has disparaged vaccines and the use of masks and called governors “tyrants” for ordering lockdowns.
Last year, after committing to being an anti-racist company, Uber reported that its Black employee base decreased from 9.3% in 2019 to 7.5%. Uber attributed the loss in Black representation to pandemic-related layoffs. This year, as of March 2021, Uber is 10.3% Black.
Mark another one up for Elizabeth Warren. The Massachusetts Senator continues to fill out the Biden Administration with her allies, and the latest is Jonathan Kanter to run the Justice Department’s antitrust division. Apparently the conflict-of-interest standards she demanded of Trump appointees no longer apply.
“They’re killing people,” President Biden said last week of technology companies that allow the spread of misinformation about the coronavirus vaccines. This week, he walked the comment back: “Facebook isn’t killing people.” The initial charge, some might argue, was nothing less than misinformation itself.
The U.S. government is negotiating a plan to address one of the most important — but overlooked — problems facing the country: the digital divide. While this problem is often talked about as a simple problem of access to broadband internet service, it is deeper and more complex than mere infrastructure. In truth, the digital divide also is a problem of inclusivity, institutions, and individual proficiency, and a solution needs to address all four dimensions.