Meta Pauses Plans to Train AI Using User Data in Europe and UK

Discover why Meta, the parent company of Facebook, has decided to halt its use of user data from the European Union and the U.K. to train its AI systems. Find out how GDPR regulations and concerns raised by regulatory bodies have led to this decision, and the implications it has for other companies relying on user data for AI training. Learn about the challenges faced by Meta and the need to balance privacy rights while leveraging user data.

Y Combinator Aims to Raise Profile in Washington, D.C. and Educate Policymakers

Discover how Y Combinator, the renowned startup accelerator, is raising its profile in Washington, D.C. and aiming to educate policymakers about its impact on the technology economy. Learn about YC's extensive network, impressive acceptance rate, and intensive mentoring and funding for startups. Explore the efforts of Luther Lowe, Head of Public Policy at YC, and Garry Tan, YC's president and CEO, to increase awareness and influence in areas like competition policy. Find out how YC is advocating for a level playing field and positive changes in the tech industry.

FTC Chair Lina Khan Targets Big Tech for Enforcement, Focusing on Biggest Harm

Discover how FTC Chair Lina Khan is targeting Big Tech and emphasizing the importance of tackling the players that cause the most harm. Learn about the recent antitrust probe against Microsoft, Open AI, and Nvidia, as well as other actions taken against tech giants like Meta, Amazon, Google, and Apple. Understand the FTC's strategy of going after the "big guys" to have a positive impact on the marketplace and deter other companies. Find out how the agency aims to prevent consolidation that hinders competition and limits opportunities for startups.

New York Passes Bill to Protect Children from Addictive Social Media Feeds

"New York State Legislature Passes Bill to Protect Children from Addictive Social Media Feeds | The SAFE Act and Child Data Protection Act aim to safeguard young minds and address youth mental health concerns. Learn more about the legislation and the debates surrounding it. Governor Hochul expected to sign the bill into law."

LinkedIn Ends Ad Targeting Based on LinkedIn Groups Participation LinkedIn has announced that it will...

"LinkedIn, the Microsoft-owned business social network, has made the decision to no longer allow advertisers to target users based on data collected from their participation in LinkedIn Groups. This move comes after a complaint filed by civil society groups with the European Commission regarding a potential violation of the Digital Services Act (DSA). Learn more about the impact of the DSA on targeted advertising and LinkedIn's commitment to user privacy."

India’s 2024 General Election Results: NDA’s Smaller Majority May Lead to Populist Shift and...

Discover the implications of India's 2024 general election outcome on businesses and startups. Expect policy continuity for infrastructure, digitization, and manufacturing, but potential shifts towards rural development. Explore the government's assertive stance on digital sovereignty and clashes with Big Tech, as well as potential adjustments to fiscal allocations for manufacturing. Stay informed on the evolving economic and technological landscape in India.

President Joe Biden Vetoes Congressional Resolution on Crypto Regulation by SEC

President Biden defends SEC's approach to banks and crypto, vetoing a resolution that sought to overturn it. The resolution targeted the SEC's guidance on how banks should handle customers' crypto assets. While regulators argue it protects investors, banking groups criticize it as too expensive. Biden emphasizes his administration's commitment to consumer and investor well-being. Ongoing discussions aim to establish a comprehensive and balanced regulatory framework for digital assets, promoting innovation while safeguarding investors.

Temu Faces Stricter EU Rules as “Very Large Online Platform” under Digital Services Act

Discover how Temu, the popular low-cost e-commerce marketplace owned by Pinduoduo, is facing increased scrutiny and regulation in the European Union (EU) as it is designated a "very large online platform" (VLOP) under the Digital Services Act (DSA). Learn about the obligations and risks Temu will now face, as well as the complaints filed against the company by European consumer protection groups. Find out how Temu plans to comply with the new regulations and work closely with the European Commission. Stay updated on this developing story.

The Impact of Misinformation on Social Media: Uncovering the Role of “Supersharers”

Discover the impact of misinformation on social media with two groundbreaking studies published in Science. Learn how exposure to vaccine misinformation affects people's intent to get vaccinated and how flagged articles have a greater influence on vaccine hesitancy. Uncover the prevalence of unflagged misinformation from big news outlets and its potential aggregate impact. Explore the role of supersharers in spreading fake news during the 2020 election and how it distorts political reality. Understand the implications for democracy, public opinion, decision-making, and trust in institutions. Find out what it takes to combat misinformation on social media.

New House Bill Threatens Chinese EV Manufacturers’ Entry into the US Market

"Chinese EV Manufacturers Face Hurdles in US Market as New House Bill Aims to Restrict Connected Vehicles"