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18 Jun 2021, 8:16 am
Legal and Regulatory Developments SPOTLIGHT: Lina Khan, Prominent Big Tech Critic, Will Lead the FTCNPR – June 15, 2021 President Joe Biden has named Lina Khan as the chairwoman of the Federal Trade Commission, giving the regulatory authority’s top spot to one of Silicon Valley’s most prominent critics. [read post]
9 Jun 2021, 8:28 am
Senate passes sweeping bill to address China tech threat (Biden praised the bill: "We are in a competition to win the 21st century, and the starting gun has gone off ... [read post]
27 May 2021, 9:15 am
European Central Bank Warns of Pricing Pressure from U.S. [read post]
19 May 2021, 6:45 am
The company itself faced a setback when the Northern District of California denied its motion to dismiss, agreeing with the SEC’s Howey analysis.In another pending federal action, the SEC sued tech magnate John McAfee in October 2020 for failing to disclose that he was paid millions to tout initial coin offerings on social media that were essentially worthless, Buchholz said. [read post]
16 May 2021, 9:10 pm
December 17, 2020 | Can the California Consumer Privacy Act Curb Big Tech? [read post]
14 May 2021, 7:51 am
(FDIC), one of the federal banking regulators in the U.S. and one of two entities that provide deposit insurance to federally regulated institutions, is taking a look at how banks are exploring digital currencies, its top official said Tuesday. [read post]
10 May 2021, 8:29 am
Sometimes lawmakers tax tech for the same reason Willie Sutton robbed banks: that’s where the money is, or at least, that’s the perception. [read post]
7 May 2021, 12:30 pm
That law is about protecting tech companies from defamation claims based on user-generated content, not product liability. [read post]
7 May 2021, 4:10 am
Asociacion de Empleados del Estado Libre Asociado de Puerto Rico, Respondent/Appellant (1Cir Opinion)Federal Inmate And Accomplice Plead Guilty To Tax Fraud Scheme (DOJ Release)Former Client Relationship Manager at Bank of America Sentenced for Embezzling from Client Company / Defendant used embezzled funds to purchase Porsche SUV and luxury items (DOJ Release)Former CEO of La Quinta Communication Services Company Pleads Guilty to Charges He Defrauded Major Lender to Tech… [read post]
6 May 2021, 8:24 am
French Anti-Trust Watchdog Says Banks Could Be Marginalised by Big Tech GiantsFinextra – April 30, 2021 France’s competition watchdog has warned of the dangers posed by the encroachment of Big Tech firms into the payments sector. [read post]
5 May 2021, 9:05 pm
The Federal Deposit Insurance Corporation (FDIC) estimates that its examiners spend 400,000 hours a year entering loan information into spreadsheets, even though most of the underlying loan files are already digital. [read post]
5 May 2021, 7:06 am
The latest regulations indicate a government desire to control domestic tech’s financial influence and ensure the centrality of state-owned banks as the economy moves online. [read post]
4 May 2021, 7:15 am
Pia Orrenius of the Federal Reserve Bank of Dallas said, "We were basically oil, cotton and cattle in the 1980s, or I would say as far back as the 70s. [read post]
29 Apr 2021, 5:01 am
Earlier this month, Justin Sherman discussed definitional problems and gaps with the California and Vermont statutes on Lawfare, arguing that getting these matters right in federal legislation is critical. [read post]
29 Apr 2021, 2:51 am
Along the way, we also discuss Nicole and Ryan’s individual experiences in launching a startup (without breaking the bank or eating only ramen.) [read post]
22 Apr 2021, 8:58 am
House Committee Approves Blueprint for Big Tech CrackdownReuters – April 15, 2021 The U.S. [read post]
21 Apr 2021, 6:11 am
Europeans, for one, may be protectionist against American tech companies. [read post]
19 Apr 2021, 9:03 pm
The leaders of these agencies determine how capital is allocated and monitor banks and corporations. [read post]
17 Apr 2021, 11:08 am
• The banking system is currently operating with an extremely negative interest rate. [read post]
16 Apr 2021, 8:43 am
Hawley Goes After Big Tech With Aggressive Antitrust BillPYMNTS – April 13, 2021 Sen. [read post]