TikTok Considers $1.5 Billion Plan to Quell Security Concerns

TikTok is in discussions with U.S. lawmakers about a $1.5 billion plan to reorganize its operations in order to provide more transparency and allay fears of Chinese spying and data manipulation. The talks have become more urgent in recent months as regulators at the federal and state level are threatening to ban the short-form video app on government-issued devices. TikTok parent ByteDance been negotiating with CFIUS, the Committee on Foreign Investment in the U.S. since 2019, when an investigation was opened following the Beijing-based media firm’s acquisition of Musical.ly, which it merged into TikTok. Continue reading TikTok Considers $1.5 Billion Plan to Quell Security Concerns

EU Hints at Introduction of Metaverse Regulations and Taxes

European Commission president Ursula von der Leyen signaled the bloc is preparing the implement a regulatory framework for the metaverse, writing in her annual Letter of Intent for the State of the Union address that the Commission will in 2023 advance an “initiative on virtual worlds, such as metaverse.” The EU’s internal market commissioner, Thierry Breton, expanded on that in a blog post that Europe’s “way to foster the virtual worlds” will be threefold, focusing on “people, technologies and infrastructure,” with speculation bubbling that the third prong will involve some sort of carrier tax. Continue reading EU Hints at Introduction of Metaverse Regulations and Taxes

TikTok on the Hot Seat at Senate Homeland Security Hearing

Executives from four social media giants defended the privacy, security and content moderation protocols of their platforms to the Senate Homeland Security Committee Wednesday. In her first appearance before Congress, TikTok COO Vanessa Pappas was grilled on whether the short-form video app shares data about American citizens with the Chinese government. ByteDance, which owns TikTok, is based in Beijing, and its potential censorship of user content was another area of concern. Questions for the group — which included representatives from Meta Platforms, YouTube and Twitter — ranged from extremists to biometrics. Continue reading TikTok on the Hot Seat at Senate Homeland Security Hearing

Big Tech Lobbying and Midterms Could Impact Antitrust Bill

This past year, Big Tech has invested more than $95 million in lobbying initiatives designed to kill the American Innovation and Choice Online Act, which seeks to rebalance the power between consumers and major technology companies such as Amazon, Alphabet, Apple and Meta Platforms. In two years, the bill has advanced further than any similar U.S. legislative effort, but time is running out before midterm elections and the unknown of a potential shift in control of the House and/or Senate. Supporters of the measure say they currently have the votes needed for passage. Continue reading Big Tech Lobbying and Midterms Could Impact Antitrust Bill

Big Tech Fights Antitrust Bill as Congress Moves Toward Vote

Big Tech is pulling out all the stops to prevent Congress from signing the American Innovation and Choice Online Act (AICO) into law before the midterm elections. Amazon and Alphabet have rallied forces in opposition to the antitrust measure whose principal goal is to halt “self-preferencing,” or the ability of online giants to use their market strength in one area to help boost sideline subsidiaries through preferential treatment. For instance, Alphabet using its wholly-owned search engine Google to promote its own shopping or travel products. Continue reading Big Tech Fights Antitrust Bill as Congress Moves Toward Vote

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

Bipartisan Efforts Underway to Regulate Big Tech Companies

Senator Amy Klobuchar, once an avid supporter of Big Tech companies and now Senate antitrust panel leader, is expected to play a role in bipartisan efforts to impose regulations on those companies’ market power and data privacy policies. Facebook and Google face federal and state allegations of anticompetitive behavior and Amazon and Apple are under investigation for antitrust violations. President Biden and others in his administration have vowed to hold Big Tech accountable for users’ speech on their sites. Continue reading Bipartisan Efforts Underway to Regulate Big Tech Companies

Washington Inks Facial Recognition Law Backed by Microsoft

In Washington state, governor Jay Inslee just signed a law regulating facial recognition backed by Microsoft that could potentially be a model for other U.S. states. The law allows government agencies to use facial recognition but restricts it from using it for broad surveillance or tracking innocent people. It is more permissive than at least seven U.S. cities that have blocked government use of facial recognition technology due to fears of privacy violations and bias but stricter than states without such laws. Continue reading Washington Inks Facial Recognition Law Backed by Microsoft

Tech Giants Ramp Up Lobbying as Legal Probes Continue

As lawmakers investigate Amazon, Apple, Facebook and Google for antitrust violations, these tech giants are boosting their spending on lobbying. Amazon spent $12.4 million, a 16 percent increase. In the first nine months of 2019, Facebook spent $12.3 million, almost 25 percent more than the same period last year. Apple and Microsoft increased their outlay, by 8 percent and 9 percent respectively. Although parent company Alphabet reduced spending on lobbying by 41 percent, Google spent $9.8 million through September 30. Continue reading Tech Giants Ramp Up Lobbying as Legal Probes Continue

Europe Passes a Strict Law That Favors Copyright Holders

The European Union adopted a strict online copyright law requiring technology companies to ink licensing agreements with authors, musicians and news publishers. The goal is to force technology platforms to proactively remove unlicensed copyrighted content from their sites, rather than respond to thousands of complaints by copyright holders. Lobbying leading up to the vote was vigorous. While media companies are celebrating the move, the new law is a blow to companies such as Google and Facebook, as well as free speech advocates. Continue reading Europe Passes a Strict Law That Favors Copyright Holders

Cryptocurrency Industry Sets Up Washington Lobbying Group

Several cryptocurrency companies and their advocates have formed the Blockchain Association, the first-ever Washington, DC-based lobbying group to represent the fledgling industry and its investors and entrepreneurs. Among the companies behind the association are Coinbase, Circle and technology startup Protocol Labs, as well as investors Digital Currency Group and Polychain Capital. Kristin Smith, who lobbied on blockchain for Overstock.com when it began accepting bitcoin in 2014, will lead the group. Continue reading Cryptocurrency Industry Sets Up Washington Lobbying Group

Pirated Software Dips 37 Percent, But Is Still Commonly Used

The Software Alliance (BSA) published “Global Software Survey,” the latest edition of its report on pirated software, which reveals that the use of pirated PC software declined 37 percent in 2017, down from 39 percent two years ago. The report also states that the value of pirated software dropped 8 percent to $46.3 billion worldwide. BSA, which supports Adobe, Microsoft, Symantec and other software companies via legal action and lobbying, said that piracy is still widespread in some countries. Continue reading Pirated Software Dips 37 Percent, But Is Still Commonly Used

Cable and Telecom Companies Lobby Against FCC Proposals

Last month, 60 lawmakers signed a letter objecting to an FCC regulation that would open up the cable TV set-top box market. More recently, Democratic congressman Bobby Rush’s staff pushed his colleagues to sign another letter, this one opposing an FCC proposal to limit how broadband providers can share users’ personal data. These are just recent efforts by the cable industry to oppose what it sees as unfair advantages enjoyed by tech companies such as Google in the light of new FCC proposals. Continue reading Cable and Telecom Companies Lobby Against FCC Proposals

Film Executives Form Alliance in Effort to Combat Online Piracy

Five film companies are forming an antipiracy coalition called the Internet Security Task Force with plans to mobilize small businesses in the gaming, music, software, film and TV industries against online theft of intellectual property. The alliance — comprised of Bloom, FilmNation Entertainment, Millennium, Sierra/Affinity and Voltage Pictures — is considering a range of initiatives, including the launch of a media campaign, more political lobbying efforts, and placing pressure on companies that advertise on pirate websites. Continue reading Film Executives Form Alliance in Effort to Combat Online Piracy

Europe Writes Internet Rules to Take Greater Role on the Web

The European Union drafted a new data-privacy policy that it hopes will be adopted around the world. The policy would require companies to include the “right to be forgotten” option so that people could ask for their links to be removed and to ask users for explicit consent to use their personal data. Europe is looking to have more influence on the Web, which is currently dominated by U.S. companies. Representatives from the EU are lobbying other countries to institute the policy. Continue reading Europe Writes Internet Rules to Take Greater Role on the Web