The Consumer Online Privacy Rights Act (COPRA) is a stalled bipartisan effort to protect consumers’ rights to privacy and prevent companies from hiding what they are doing with user data. To reinvigorate the debate, a group of Democrats, led by Senator Maria Cantwell (D-Washington), top Democrat in the Senate Commerce Committee, introduced their version of the federal privacy law. “[Privacy rights] should be like your Miranda rights — clear as a bell as to what they are and what constitutes a violation,” she said. Read more

At its annual AWS re:Invent conference, Amazon previewed some new products for its cloud platform, Amazon Web Services, most of which related to the Internet of Things, a market expected to be valued at $212 billion by the end of 2019. It’s a natural fit, since, according to a 2018 survey by the Eclipse Foundation, AWS is the most popular cloud platform for IoT developers, growing from 21 percent in 2017 to 51.8 percent today. In comparison, Microsoft Azure’s share is 31.21 percent today, up from 17 percent in 2017. Read more

This year, Silicon Valley companies — most notably WeWork and Uber Technologies — are estimated to have lost about $100 billion in value. Car subscription company Fair and software company UiPath are two others that have downsized, and scooter company Lime has had to tweak its operations to prove it can be profitable. As a result, startup executives are honing their pitches and venture capitalists are more wary of investing. Ahoy Capital’s Chris Douvos noted that the five-year “rollicking” party appears to be over. Read more

Sir Tim Berners-Lee, co-founder of the World Wide Web Foundation, has a new “global action” plan to save the Internet from what he dubs a “digital dystopia.” His Contract for the Web would require governments, companies and individuals to pledge and act to protect the Internet from abuse and “ensure it benefits humanity.” “We need to turn the Web around now,” said Berners-Lee, who noted that, “people’s fear of bad things happening on the Internet is becoming, justifiably, greater and greater.” Read more

The Paris Theater has, for decades, been a cherished movie venue in New York City. Many mourned its August closure as the last surviving single-screen theater in the city. But now Netflix has come to the rescue, reopening it this month as a hub for premieres, screenings and special events. Netflix held its theatrical run of director Noah Baumbach’s “Marriage Story” there earlier this month. Having its own theater will make it easier for Netflix to arrange Oscar-qualifying theatrical releases of its movies. Read more