Federal Reserve Chairman Jerome Powell told Congress this week that he would like to see a corner of digital currencies more tightly regulated. “If [stablecoins] are going to be a significant part of the payments universe — which we don’t think crypto assets will be, but stablecoins might be — then we need an appropriate regulatory framework, which frankly we don’t have,” Powell told the House Financial Services Committee on Wednesday. To get around the stigma of cryptocurrencies being… Source link
Read More »Google opens Meet calls on Glass for all Workspace users
Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Watch now! Google has announced that all Workspace (formerly G Suite) customers can now apply to access Google Meet through its face-mounted Glass device as part of an open beta program. While many people will likely have forgotten all about the once consumer-focused Google Glass, the internet giant has continued to offer the augmented reality (AR) contraption to businesses as… Source link
Read More »Google is capping Meet’s formerly unlimited group video calls to an hour for free accounts
Google has brought an end to its effectively “unlimited” group video calls in Meet for free Gmail accounts, according to support pages spotted by 9to5Google. Now users with free accounts logging on to Meet will have group calls capped at an hour rather than the previous 24-hour meeting duration. Google’s unlimited group meeting offer was helpful because so many traditionally in-person functions moved online due to COVID-19. Not having to worry about a call cutting out or creating… Source link
Read More »Google Meet Chops Off Calls After 60 Minutes On Free Accounts
Wave goodbye to long group meetings on Google Meet getty Google has started to reimpose time limits on Google Meet calls for those who don’t pay for the service. During the height of the pandemic, Google (and others) waived the time limits on free accounts so that businesses could continue to function remotely and friends and family could keep in touch. That period of grace has now come to an end after a couple of extensions, with Google now reimposing limits of 60 minutes per… Source link
Read More »Sen. Warren calls for investigation of Google’s ‘Project Bernanke’
In a letter to the Commodity Futures Trading Commission (CFTC) on Wednesday, Sen. Elizabeth Warren (D-MA) called for an investigation of Google’s alleged manipulation of the marketplace for online ads, opening the door for a new federal regulator for digital advertising markets. Warren’s letter focuses on a program called “Project Bernanke,” revealed in April as part of a lawsuit against Google led by Texas Attorney General Ken Paxton. Under that program, Google allegedly used… Source link
Read More »DeepMind scientist calls for ethical AI as Google faces ongoing backlash
Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. Raia Hadsell, a research scientist at Google DeepMind, believes “responsible AI is a job for all.” That was her thesis during a talk today at the virtual Lesbians Who Tech Pride Summit, where she dove into the issues currently plaguing the field and the actions she feels are required to ensure AI is ethically developed and deployed. “AI is going to change our world in the years to… Source link
Read More »Oil Markets Baffled As The IEA Calls For More Production
In its latest Monthly Oil Report, the IEA called on OPEC+ to increase production in order to counter higher demand in 2022. The agency claimed that, based on current global economic growth expectations, demand for crude oil and petroleum products will be reaching pre-COVID levels by 2022. The Paris-based energy watchdog, which has come under fire after its shocking Net-Zero by 2050 report called for no more investments in oil and gas, stated that “OPEC+ needs to open the taps to keep the… Source link
Read More »Packers president Mark Murphy calls Aaron Rodgers ‘a complicated fella’
There’s still no movement on the situation between Aaron Rodgers and the Green Bay Packers. He didn’t report for the team’s mandatory minicamp earlier in the week, and the Packers haven’t given any clues about what they have done or plan to do to get him back on the field. So in the absence of any new information (or any information he wanted to share), Packers president Mark Murphy broke out an old quote from the late, legendary Packers GM Ted Thompson to describe Rodgers at a Lambeau… Source link
Read More »Bitcoin leads cryptocurrency sell-off after Trump calls it a ‘scam’
Former US president Donald Trump said he doesn’t like bitcoin ‘because it’s another currency competing against the dollar.’ Photo: AP Cryptocurrencies continue a bout of volatility as they plunged on Tuesday morning, after former US president Donald Trump said bitcoin was a “scam”. “Bitcoin, it just seems like a scam,” he told Fox Business. “I don’t like it because it’s another currency competing against the dollar… I want the dollar to be the currency of the world. That’s what… Source link
Read More »Amnesty International calls for Google to halt cloud business in Saudi Arabia
Amnesty International is teaming up with 38 other human rights groups and individuals to call for a halt to Google’s plans to set up an enterprise cloud business in Saudi Arabia because of concerns over the country’s human rights track record. The joint statement — signed by the Electronic Frontier Foundation and Media Matters for Democracy, among others — calls for Google to end its plans in Saudi Arabia until the company conducts a public human rights assessment and makes it… Source link
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