Coalition of Small Businesses Aims to Weaken Amazon’s Grip

Trade groups representing small merchants in hardware, office supplies, books and groceries are organizing in 12 cities to form Small Business Rising, a coalition for stronger antitrust laws and enforcement of existing ones. They hope new measures will force Amazon to spin off its own business lines that compete with them. The House Antitrust Subcommittee is already considering such legislation but hasn’t yet introduced a bill. Amazon called the efforts “misguided interventions in the free market.” Continue reading Coalition of Small Businesses Aims to Weaken Amazon’s Grip

Supreme Court: Google Engaged in Fair Use of Java Code

In a 6-2 ruling, the U.S. Supreme Court took Google’s side in a copyright battle with Oracle over the former’s use of Java APIs in its Android operating system. Oracle, which had purchased Java in 2010 when it bought Sun Microsystems, sought billions of dollars in damages for what it claimed was copyright infringement. Google argued that free access to the Java software interfaces was important to innovation. Writing for the majority, Justice Stephen Breyer said that Google made “fair use” of the Java code. Continue reading Supreme Court: Google Engaged in Fair Use of Java Code

Justice Thomas Argues Big Tech Be Regulated Like Utilities

U.S. Supreme Court Justice Clarence Thomas suggested that tech platforms be regulated like utilities, in a concurrence he wrote to a decision to vacate a lower court’s ruling about former President Trump’s Twitter account. “There is a fair argument that some digital platforms are sufficiently akin to common carriers or places of accommodation to be regulated in this manner,” he wrote. Regulating such platforms like utilities could force them to make changes to current moderation policies against hate speech and harassment. Continue reading Justice Thomas Argues Big Tech Be Regulated Like Utilities

China Is First Country to Debut a National Digital Currency

China has begun issuing a digital currency from by its central bank, a move that will give that country’s government new ways to monitor its economy and people. The digital yuan will be aimed at international uses and not linked to the global financial system. At the People’s Bank of China, director of the Digital Currency Research Institute Mu Changchun noted that, “in order to protect our currency sovereignty and legal currency status, we have to plan ahead.” China is the first to issue a national digital currency. Continue reading China Is First Country to Debut a National Digital Currency

Senators Press Ad-Auctioneers for Personal Data Sales Info

Senate Finance Committee chair Ron Wyden (D-Oregon) heads a bipartisan group of U.S. senators attempting to understand more about digital advertising auctions and their relationship to personalized ads. The group sent a letter to the largest companies that run these auctions, including AT&T, Index Exchange, Google, Magnite, OpenX Software, PubMatic, Twitter and Verizon Communications. The senators want the names of all foreign clients gaining access to user data through the auctions, citing concerns of national security. Continue reading Senators Press Ad-Auctioneers for Personal Data Sales Info

IBM Debuts Advanced Encryption Service After Years of R&D

As data moves to the cloud, security has become increasingly important. Fully homomorphic encryption (FHE) has been developed in labs and is nearly ready to emerge to enable artificial intelligence and machine learning use cases for that data. Microsoft and Intel have been proponents of homomorphic encryption, which follows the data across systems. In December, IBM released its first FHE services, which include educational materials, prototyping environments for companies that want to experiment and support. Continue reading IBM Debuts Advanced Encryption Service After Years of R&D

Smartphone Pioneer LG to Shutter Its Mobile Division in July

LG is shutting down its mobile business on July 31. The company announced that, “moving forward LG will continue to leverage its mobile expertise and develop mobility-related technologies such as 6G to help further strengthen competitiveness in other business areas.” Its current mobile phones are still for sale and LG said it will provide support and software updates “for a period of time which will vary by region.” LG just put out an inexpensive 5G phone with the $400 K92, but its global market share dipped to 1.7 percent. Continue reading Smartphone Pioneer LG to Shutter Its Mobile Division in July

Supreme Court Allows FCC to Relax Media Ownership Rules

In a 9-0 ruling authored by Justice Brett Kavanaugh, the U.S. Supreme Court loosened local media ownership restrictions, which could enable more industry consolidation. It’s viewed as a victory for broadcasters that wanted to overturn the 2017 decision of the Third Circuit Court of Appeals that found the FCC did not sufficiently consider the effect of changes on minority and female owners. The FCC appeal was supported by News Corp, Fox Corporation, Sinclair Broadcast Group and the National Association of Broadcasters. Continue reading Supreme Court Allows FCC to Relax Media Ownership Rules

The Biden Plan to Deliver Broadband Internet to U.S. Homes

President Biden’s $2 trillion infrastructure plan includes $100 billion to bring high-speed broadcast Internet to every home in the United States. The need for broadband became especially acute during the COVID-19 pandemic in which working, learning and shopping became largely remote. Although the digital divide was first identified during the Clinton administration, multiple government efforts to bridge it thus far have been unsuccessful. Biden also vowed to drive down prices for Internet to make it affordable for everyone. Continue reading The Biden Plan to Deliver Broadband Internet to U.S. Homes

PayPal, Visa Enable Streamlined Cryptocurrency Transactions

PayPal announced the launch of Checkout with Crypto, which allows customers to purchase certain items online via cryptocurrencies. The new feature is part of the company’s new unit focused on blockchain and crypto/digital currencies and adds to its current capability for customers to buy, sell and hold cryptocurrency. Bitcoin, Litecoin, Ethereum and Bitcoin Cash are the cryptocurrencies accepted, which are processed with clear conversion rates and no additional fees but only one type of cryptocurrency is accepted for each purchase. Continue reading PayPal, Visa Enable Streamlined Cryptocurrency Transactions

Biden to Issue Executive Order Upgrading U.S. Cybersecurity

President Joe Biden is working on a draft executive order to require companies doing business with the federal government to report hacks within a few days. Homeland Security secretary Alejandro Mayorkas stated the order would also require the companies to use data encryption and two-factor authentication and would combat ransomware and improve protection for industrial control systems, transportation and election security. The SolarWinds hack has prompted the government to pay closer attention to cybersecurity. Continue reading Biden to Issue Executive Order Upgrading U.S. Cybersecurity

Huawei Feels Pinch of U.S. Sanctions, Ericsson Contests Ban

Huawei Technologies’ revenue in 2020 Q4 dropped 11.2 percent to 220.1 billion yuan (about $33.6 billion) from a year earlier. For 2020, revenue grew 3.8 percent to a record-breaking 891.4 billion yuan, but the Q4 drop represents how U.S. sanctions inked in September have made it difficult for Huawei to source advanced chips. Huawei revealed it was one of its slowest years ever for revenue growth. Swedish company Ericsson has been the biggest beneficiary, now surpassing Huawei’s cellular equipment sales. However, the company is defending Huawei, citing the importance of free trade. Continue reading Huawei Feels Pinch of U.S. Sanctions, Ericsson Contests Ban

Google Funds Initiatives for News Publishers in U.S., Europe

Google inked licensing deals with 600+ news outlets worldwide and continues to negotiate with more publishers. In the U.S., it plans to spend $1 billion to bring publishers onboard for its News Showcase, an effort that will be ongoing until 2023 to invest in news. But Google also made it clear it won’t hold publishers accountable for positive business results. Google is also contributing €25 million ($29 million) to the European Union’s European Media and Information Fund to tackle misinformation and fake news. Continue reading Google Funds Initiatives for News Publishers in U.S., Europe

Spotify, LinkedIn, Facebook to Compete in Live Audio Space

Spotify acquired Clubhouse rival Betty Labs, which produces live sports audio app Locker Room, for an undisclosed amount of money. Although Locker Room will stay live in the App Store, Spotify will rebrand it with a new name and broaden its focus to include music and culture as well as sports. In addition to the iOS version, Spotify will eventually add an Android version. LinkedIn and Facebook are also developing live audio features as the trend continues to gain traction. These apps would compete with existing platforms Clubhouse, Twitter Spaces and Discord. Continue reading Spotify, LinkedIn, Facebook to Compete in Live Audio Space

Arm Unveils Armv9, New Design Aimed to Enable AI, IoT, 5G

Prominent semiconductor designer Arm, which licenses its designs to others, debuted Armv9 architecture, which features its first major architectural advance in a decade and includes a 30 percent improvement in speed. Arm chief executive Simon Segars revealed that Armv9 will be “the base for the next 300 billion Arm-based chips.” Its customers have already shipped 180+ billion chips that impact 70+ percent of the global population. Nvidia is in the process of acquiring Arm, which is based in the United Kingdom, for $40 billion. Continue reading Arm Unveils Armv9, New Design Aimed to Enable AI, IoT, 5G