In a significant development two tech trade groups have filed a lawsuit against Florida over a new legislation that fines social media companies that ban political candidates, saying it violates free speech rights. The lawsuit states that the bill signed into law by Florida Governor Ron DeSantis earlier this week on Monday, was unconstitutional. It…
Finance ministers from the European Union have agreed that private digital currencies including Facebook’s Libra should not be allowed in the European Union until potential risks surrounding them are clearly addressed. The move confirms the tough stance claimed by the EU on stablecurrencies such as Facebook’s Libra, which incidentally has attracted criticism from global regulators…
In a world first, France is set to emerge as a clear frontrunner in the quest to regulate online hate speech and fake news. In a significant development that marks changes in Facebook’s behavior, the social media giant has agreed to hand over the identification data of French users suspected of hate speech on its…
The upswing in Bitcoin prices comes at a time of ongoing blockchain and cryptocurrency conference in New York, which is attended by influential market players and big investors. Late on Monday, the price of bitcoin surged to more than $8,000 – its highest level since July 2017. The crypto currency’s rally is gaining further momentum.…
In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…
This is going to be a landmark bill. In a significant development, an influential U.S. House committee has overwhelmingly approved a revised bipartisan bill on a 54-0 vote that will speed the deployment of self-driving autonomous vehicles in the country and bar states from blocking autonomous vehicles. The bill allows automakers to obtain…
With China’s communist party’s leadership not bringing forth bold policies vis-à-vis electric vehicles has forced Ford to take a more cautious approach to the electric and hybrid-plugin car market in China. Despite a headlong plunge into the plugin-hybrid and electric vehicle markets by carmakers, Ford Motor Co has stated it prefers a more tepid approach…
While Apple has confirmed its interest in self-driving technology and has asked to be treated ‘en pars’ with existing traditional car manufacturers, it has feigned disinterest in developing its own car and has instead requested the sharing of near-crash and crash data from existing players. Apple wants to focus on the underlying technologies of the…
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