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Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content

big tech lobby seeks eu liability cover to tackle hate speech, illegal content

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Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal content as government scrutiny over how platforms manage user posts grows worldwide.
A safeguard protecting companies that actively manage user posts would result in “better quality content moderation,” by incentivizing platforms to remove bad content while protecting free expression, Edima, an association representing Facebook Inc., ByteDance Ltd.-owned TikTok, Alphabet Inc.’s Google and others, said in a paper Monday.

Current EU rules protect platforms from liability for what’s posted on their sites, unless they have “actual knowledge” of its presence — for instance, if a user flags it as harmful. Once platforms are made aware of illegal content, they’re obliged to act fast to remove it.
Tech firms fear that by removing content voluntarily, such as with algorithms or other systems to detect infringements, they could be deemed to have actual knowledge and be liable for hosting the bad posts. That’s becoming more of a concern as the European Commission, the bloc’s executive body, prepares to overhaul the longstanding rules to give platforms greater responsibility for the content spread on their sites for …

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Telecommunications, Media And Technology (TMT) Law Update – Volume 35 | Lexology

telecommunications, media and technology (tmt) law update – volume 35 | lexology

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Preliminary skirmish between Australian Information Commissioner and Facebook in Cambridge Analytica case.
On 14 September 2020, the Federal Court of Australia rejected an application by Facebook Inc to set aside an earlier ruling granting the Information Commissioner leave to serve documents on Facebook Inc in the United States: Australian Information Commissioner v Facebook Inc [2020] FCA 1307. The interlocutory proceedings related to an action commenced by the Commissioner in March 2020 in the wake of the Cambridge Analytica controversy. Facebook services in Australia are principally provided by Facebook Ireland, and the interlocutory issue was whether Facebook Inc satisfied the extra-territorial requirements in section 5B(3) of the Privacy Act 1988, specifically whether it “carries on business in Australia” and whether it collects or holds personal information in Australia. Thawley J considered that by virtue of the fact that Facebook Inc provided services, including processing activities, to Facebook Ireland in Australia, it was carrying on business in Australia, even in the absence of evidence that any employee of Facebook Inc was physically located in Australia. Furthermore, it was sufficiently arguable that data uploaded by an Australian user is received instantaneously by Facebook Inc directly from the user. The Information Commissioner said she welcomed the decision and that her …

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Three places where data is on the ballot this November

three places where data is on the ballot this november

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The data in question is the wireless information transmitted by cars, known as telematics. If the question passes, cars made in 2022 or later and sold in Massachusetts would be required to have standardized, open-access telematics systems accessible to the owner or anyone else. In practice, this means third-party repair shops, who are leading the support for the bill. Ultimately, the debate is about consumers’ right to choose who gets to repair their devices.  Massachusetts passed the country’s first right-to-repair law in 2013, requiring car manufacturers to sell diagnostic data to third-party shops. But that did not include wireless data, which would be covered by this measure.  Car manufacturers are opposed, saying the measure does not give them enough time to safely update car systems without exposing them to security risks. But each side also has broader support at the national level. The National Highway Traffic Safety Administration echoes concerns about cybersecurity, while Senators Bernie Sanders and Elizabeth Warren, as well as consumer groups like Consumer Reports, support the legislation. Warren, the state’s senior senator, has called for national right-to-repair legislation.  The outcome of this ballot initiative will have broad implications outside Massachusetts; the 2013 law led car manufacturers to share …

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Compliance revolution: Digital ID apps to Exceed 6.2 Billion By 2025 says research – FinanceFeeds

compliance revolution: digital id apps to exceed 6.2 billion by 2025 says research – financefeeds

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It is high time that most online financial services companies and OTC derivatives firms that face retail customers begin to tool up and start to go down the digital ID route.

Compliance executives are in high demand at the moment.
Since 2017, contractors working within global financial centers have been able to charge a consultancy rate of £1200 per day, due to the scarcity of professionals who understand compliance and government guidelines, as well as the technological topography which now underpins the entire regulatory and compliance sector within both regulators and financial services companies, especially those which operate online.
The need to get the entire FX industry’s reporting and client onboarding technology up to standard has never been so high, and some brokerages are already adopting or developing their own biometric facial recognition systems for the purposes of onboarding new clients.
In terms of technological preparation, five years may appear an epoch, but it is far from it. Some research is now starting to show that the vast majority of the world’s adult population will be using digital ID applications for every area of online compliance and secure log ins by 2025.
A new study from Juniper Research has found that …

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Impact of Covid-19 on FinTech Regulatory Sandbox Market 2020-2028 – Propine Technologies Pte Ltd, Omni Mobile Inc., Sweetbridge NFP, Ltd., BBVA Compass, PwC, Grain Technology, Inc., etc. – re:Jerusalem

impact of covid-19 on fintech regulatory sandbox market 2020-2028 – propine technologies pte ltd, omni mobile inc., sweetbridge nfp, ltd., bbva compass, pwc, grain technology, inc., etc. – re:jerusalem

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The latest research report on the “FinTech Regulatory Sandbox Market – Industry Analysis, Market Siz

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If Blockchain is the Next Big Tech Paradigm Shift, What Legal Issues Matter? | Legaltech News

if blockchain is the next big tech paradigm shift, what legal issues matter? | legaltech news

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Photo: Shutterstock

While most of blockchain’s success over the past decade has been linked to bitcoin, Ethereum and other crypto-currencies, distributed ledger technology is now poised to move into mainstream applications and launch new opportunities in multiple markets.

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Senator’s Question to Barrett Was Outrageous | New Jersey Law Journal

senator’s question to barrett was outrageous | new jersey law journal

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Judge Amy Coney Barrett, President Trump’s nominee to be Associate Justice at the U.S. Supreme Court, testifies before the Senate Judiciary Committee during her confirmation hearing in Washington, on Tuesday, October 13, 2020. Photo: Diego M. Radzinschi/ALM

No matter whether you support the nomination of Amy Coney Barrett to the United States Supreme Court or its timing, the question asked of her by U.S. Sen. John Neely Kennedy, a Republican from Louisiana, at the second day of her confirmation hearing was outrageous: “Who does your laundry?” That is a shocking question to ask a female candidate in the year 2020. Neither Justice Kavanaugh nor Justice Gorsuch were asked such questions at their confirmation hearings and, more to the point, Justice Scalia, the nominee’s mentor, with nine children, was not asked that question. The senator’s inquiry is reflective of his bias that women should be primarily responsible for household duties and, if not, clean clothes will be wanting. The only thing wanting is the senator’s insight into a woman’s role in the home and in the workplace in the 21st century.

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California’s vague new financial regulation law

california’s vague new financial regulation law

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In abstract
California has a brand new monetary regulation legislation however its attain is obscure and awaits extra definition.

Assembly Bill 1864 didnt get a lot media or public consideration because it zipped by way of each homes of the Legislature on the final day of the 2020 session.
Superficially, it appeared merely to reconfigure the states monetary regulatory companies into a brand new entity known as the Division of Monetary Safety and Innovation.
Nonetheless, these in Californias huge monetary business had been paying a number of consideration as a result of the invoice creates a completely new regulatory regime with broad powers, together with fines of as much as $1 million a day, to police monetary gamers that hitherto have had little oversight.

The official rationale for the laws is that President Donald Trumps administration neutered the federal Dodd-Frank Wall Road Shopper Monetary Safety Act of 2010, so the state should step in with an equal to protect towards predatory monetary practices that hurt customers.
The brand new California Shopper Monetary Safety Regulation offers the reconstituted company authority to go after abusive practices whose definition within the legislation is pretty obscure. Thus, the company itself will outline the time period because it additionally …

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Walters: California’s Vague New Financial Regulation Law – GV Wire

walters: california’s vague new financial regulation law – gv wire

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SHARE THIS ARTICLE:Assembly Bill 1864 didn’t get much media or public attention as it zipped through both houses of the Legislature on the last day of the 2020 session.
Superficially, it appeared merely to reconfigure the state’s financial regulatory agencies into a new entity called the Department of Financial Protection and Innovation.

Dan Walters
Opinion
However, those in California’s vast financial industry were paying lots of attention because the bill creates an entirely new regulatory regime with broad powers, including fines of up to $1 million a day, to police financial players that hitherto have had little oversight.
The official rationale for the legislation is that President Donald Trump’s administration neutered the federal Dodd-Frank Wall Street Consumer Financial Protection Act of 2010, so the state must step in with an equivalent to guard against predatory financial practices that harm consumers.
The new California Consumer Financial Protection Law gives the reconstituted agency authority to go after “abusive practices” whose definition in the law is fairly vague. Thus, the agency itself will define the term as it also decides which businesses will face its scrutiny.
It appears that the new law will affect firms involved in debt settlement, credit repair, check …

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Facing growing scrutiny from Congress, tech companies have sought to influence regulation. Here’s how much money they’ve given Northwest lawmakers

facing growing scrutiny from congress, tech companies have sought to influence regulation. here’s how much money they’ve given northwest lawmakers

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WASHINGTON – When the Justice Department slapped Google with an antitrust lawsuit this week, it signaled the dawn of a new era of stricter government scrutiny of the companies collectively known as Big Tech, including Facebook, Apple, and Washington-based Amazon.
As tech companies have faced growing oversight from Congress in recent years, they have ramped up their contributions to political campaigns, including to Northwest lawmakers. Tech workers have become another important source of campaign funds, though their interests are not always aligned with those of their employers.
“Tech, for a long time, kind of positioned itself as not having much to do with politics,” said Margaret O’Mara, a history professor at the University of Washington. “The real story is, tech has been very involved in politics and lobbying pretty much since the very start.”
An analysis of Federal Election Commission data compiled by the Center for Responsive Politics sheds light on how money in the current election cycle has flowed from five Big Tech companies – Amazon, Facebook, Apple, Microsoft and Alphabet, Google’s parent company – to Washington and Idaho’s congressional delegations.
Rep. Cathy McMorris Rodgers has received more from Amazon, Microsoft, Alphabet and Facebook’s PACs – $36,000 – than any other …

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