Following a summit on open-source security hosted at the White House Thursday, Google has called for increasing government involvement in identifying and securing critical open-source software projects. In a blog post published shortly after the summit, Kent Walker, president for global affairs and chief legal officer at Google and Alphabet, said that collaboration between government and the private sector was needed for open-source funding and management. “We need a public-private… Source link
Read More »Google Basically Pays Apple to Stay Out of the Search Engine Business, Class Action Lawsuit Alleges
Apple has an agreement with Google that it won’t develop its own internet search engine so long as Google pays it to remain the default option in Safari, a new class action alleges. Filed in a California court earlier this week against Apple, Google, and their respective CEOs, the lawsuit alleges the two companies have a non-compete agreement in the internet search business that violates US antitrust laws. Specifically, the complaint charges Apple CEO Tim Cook and Google CEO Sundar Pichai of… Source link
Read More »Manchin killing Build Back Better is ‘devastating’ to climate change action, experts say
When Sen. Joe Manchin, D-W.Va., announced on Fox News on Sunday that he won’t vote for the current version of Build Back Better, experts predicted he may have single-handedly killed the world’s best hope of avoiding catastrophic climate change. In order to avoid breaching the 1.5 degrees Celsius threshold that will trigger a cascade of devastating effects, the Intergovernmental Panel on Climate Change has said that global emissions of the greenhouse gasses that cause climate change must… Source link
Read More »Apple and Google’s mobile duopoly likely to face UK antitrust action – TechCrunch
The U.K.’s antitrust watchdog has given the clearest signal yet that interventions under an upcoming reform of the country’s competition rules will target tech giants Apple and Google — including their duopolistic command of the mobile market, via iOS and Android; their respective app stores; and the browsers and services bundled with mobile devices running their OSes. So it could mean good news for third-party developers trying to get oxygen for alternatives to dominant Apple and… Source link
Read More »US government could default ‘as soon as mid-December’ without action: Analysts
Treasury Secretary Janet Yellen meets with President Joe Biden to discuss the federal debt limit in October. (Chip Somodevilla/Getty Images) On Tuesday, Treasury Secretary Janet Yellen set Dec. 15 as the latest deadline for when the U.S. could default on government debt. Today, an independent group of analysts at the Bipartisan Policy Center (BPC) have confirmed the deadline, projecting a debt limit “X Date” of when the U.S. will no longer be able to pay its bills as a possibility… Source link
Read More »Top UK court blocks legal action against Google over internet tracking | UK supreme court
A £3bn legal action against Google over claims it secretly tracked the internet activity of millions of iPhone users has been blocked by the UK supreme court. Legal experts said the decision meant the “floodgates” remained closed to class actions on data privacy in England and Wales, although the ruling noted digital technology’s ability to cause “mass harm” to people. Richard Lloyd, a former director of the consumer group Which?, wanted to bring a US-style class action lawsuit… Source link
Read More »UK Supreme Court blocks $4.3 bln class action against Google
LONDON, Nov 10 (Reuters) – The UK Supreme Court has blocked a planned 3.2 billion pound ($4.3 billion) British class action against Google (GOOGL.O) over allegations the internet giant unlawfully tracked the personal information of millions of iPhone users. Britain’s top judges unanimously granted a Google appeal against the country’s first such data privacy case on Wednesday, a move that upsets a string of similar claims waiting in the wings against other companies including Facebook (FB.O)… Source link
Read More »The most ambitious climate action plan ever attempted
As heads of state gather in Glasgow, Scotland for a climate summit, much of the news will focus on nations setting carbon-reduction goals for decades down the road — long after those making the promises will be out of office. Setting ambitious long-term goals is good, but not good enough. Because more important than any promise countries make about 2050 is what they do between now and 2030. And what’s most important is what they do over the next few years about the biggest problem of all:… Source link
Read More »Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation
Sundar Pichai, chief executive of Google and parent company Alphabet Inc., GOOG 0.91% said the U.S. government should take a more active role in policing cyberattacks and encouraging innovation with policies and investments. In the wake of recent cybersecurity breaches attributed to Chinese and Russian hackers, Mr. Pichai said the time had come to draft the equivalent of a Geneva Convention for technology to… Source link
Read More »Wells Fargo Risks Regulatory Action Over Pace of Restitution
(Bloomberg) — Five years into scandals that have already cost Wells Fargo & Co. more than $5 billion in fines and legal settlements, regulators are privately signaling they’re still not satisfied with the bank’s progress in compensating victims and shoring up controls. The Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau have warned the firm they may bring new sanctions over the company’s pace in fulfilling those obligations, according to people… Source link
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