Tag: Government

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India orders Twitter to take down tweets critical of its coronavirus handling

Twitter has taken down dozens of tweets in India, some of which were critical of New Delhi’s handling of the coronavirus, to comply with an emergency order from the Indian government at a time when South Asian nation is grappling with a globally unprecedented surge in Covid cases. New Delhi made an emergency order to…
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24 April 2021 0

India restricts American Express from adding new customers for violating data storage rules

India’s central bank has restricted American Express and Diners Club from adding new customers starting next month, it said Friday, citing violation of local data-storage rules. In a statement, the Reserve Bank of India said existing customers of either of the two card companies will not be impacted by the new order, which goes into…
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23 April 2021 0

To ensure inclusivity, the Biden administration must double down on AI development initiatives

Miriam Vogel Contributor Miriam Vogel is the president and CEO of EqualAI, a nonprofit organization focused on reducing unconscious bias in artificial intelligence. More posts by this contributor Biased AI perpetuates racial injustice The National Security Commission on Artificial Intelligence (NSCAI) issued a report last month delivering an uncomfortable public message: America is not prepared…
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22 April 2021 0

Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations

Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively exploring the option to pay its employees in cryptocurrency in addition to mining Bitcoin and adding it on the city’s…
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22 April 2021 0

Lina Khan’s timely tech skepticism makes for a refreshingly friendly FTC confirmation hearing

One never knows how a confirmation hearing will go these days, especially one for a young outsider nominated to an important position despite challenging the status quo and big business. Lina Khan, just such a person up for the position of FTC Commissioner, had a surprisingly pleasant time of it during today’s Senate Commerce Committee…
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22 April 2021 0

New privacy bill would end law enforcement practice of buying data from brokers

A new bill known as the Fourth Amendment is Not for Sale Act would seal up a loophole that intelligence and law enforcement agencies use to obtain troves of sensitive and identifying information to which they wouldn’t otherwise have legal access. The new legislation, proposed by Senators Ron Wyden (D-OR) and Rand Paul (R-KY), would…
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21 April 2021 0

Senate antitrust hearing on app stores gives Apple critics a big soapbox

The latest hearing to target Big Tech will drill down on competition in Apple’s App Store and Google Play. The Senate hearing, set for Wednesday at 2:30 p,m. EDT and embedded below, will feature testimony from the two big app store gatekeepers, and three companies that have banded together to critique the immense power that…
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21 April 2021 0

Ohio senator wants clarity for crypto tax reporting in proposed bill

A Republican lawmaker from Ohio is preparing legislation that would reportedly be aimed at preventing U.S. citizens from evading taxes on their crypto earnings. In an interview with CNBC’s Squawk Box today, Senator Rob Portman said he hoped to introduce a bill with bipartisan support after the next congressional recess which would address the problem…
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20 April 2021 0

UAE employs blockchain tech for remote litigation services

The government of the United Arab Emirates will employ blockchain technology for use in its judicial notarization and authentication services, it announced on April 19, according to the Emirates News Agency. The adoption of blockchain tech is expected to cut down on the time, effort and expenditure spent by the UAE’s Ministry of Justice in…
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20 April 2021 0

Bahamas ranked first for retail CBDC development, according to PwC

A new ranking of global central bank digital currencies, or CBDCs, places the Bahamas at the top of the leaderboard in terms of retail applications – offering an important glimpse in the race to issue government-backed cryptocurrencies. In its 2021 CBDC Index, global consulting firm PwC surveyed the level of central-bank maturity in deploying cryptocurrencies…
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19 April 2021 0