Tag: Government
Tesla will store Chinese user data locally, following Apple’s suit
The handling of user data in China has become a delicate matter for foreign tech companies operating in the country. Apple’s move to store the data of its Chinese customers in servers managed by a Chinese state-owned cloud service has stoked controversy in the West over the years. A recent…
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US removes Xiaomi’s designation as a Communist Chinese Military Company
Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese Military Company. The U.S. District Court for the District of Columbia has vacated the Department of Defence’s designation of…
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Florida’s ban on bans will test First Amendment rights of social media companies
Florida governor Ron DeSantis has signed into law a restriction on social media companies’ ability to ban candidates for state offices and news outlets, and in doing so offered a direct challenge to those companies’ perceived free speech rights. The law is almost certain to be challenged in court as…
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In a YC “power” play, Gridware girds $5.3M to save humanity from weather
You might have thought that with more than 300 companies joining this year’s winter batch of Y Combinator, the investor interest might have thinned. Well, it’s 2021 and investors are hopping around like crazy to invest in ideas that push the boundaries in fields far flung from enterprise SaaS. Case…
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India objects to ‘manipulated’ label on politicians tweets
The Indian government has expressed strong objection to Twitter for classifying certain tweets by Indian politicians as “manipulated media,” according to a notice leaked to journalists Friday. The notice comes two days after Twitter labeled a tweet from Sambit Patra, the spokesperson of India’s ruling party BJP, as “manipulated media.”…
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US Treasury calls for stricter cryptocurrency rules, IRS reporting for transfers over $10K
President Biden’s vision for an empowered, expanded IRS is poised to have a big impact on cryptocurrency trading. According to a new report from the U.S. Treasury Department, the administration wants to put new requirements in place that would make it easier for the government to see how money is…
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