Sen. Mike Lee proposed an obscenity bill on Tuesday Sen. Mike Lee (R-UT) proposed a bill on Tuesday that, if passed, would redefine what obscenity means nationwide, which could effectively decimate the porn industry. The Utah Republican filed the Interstate Obscenity Definition Act (IODA) based on the Communications Act of 1934, and stated in the IODA that “obscenity is not protected speech under the First Amendment and is prohibited from interstate or foreign transmission under U.S…. Source link
Read More »Powell Says Rates to Be Raised ‘Purposefully’ to Curb Inflation
(Bloomberg) — Federal Reserve Chair Jerome Powell said officials were determined to curb inflation after they raised interest rates by 75 basis points for a third straight time and signaled even more aggressive hikes in the future than expected by investors. Most Read from Bloomberg “We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2%,” he told a press conference in Washington on Wednesday after officials lifted the… Source link
Read More »Exclusive-Google faces pressure in India to help curb illegal lending apps -sources
By Nupur Anand, Ira Dugal MUMBAI (Reuters) – Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Even though Google doesn’t fall under the Reserve Bank of India’s (RBI) ambit, the U.S…. Source link
Read More »EXCLUSIVE Google faces pressure in India to help curb illegal lending apps -sources
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. Even though Google doesn’t fall under the Reserve… Source link
Read More »Democrats say Google must curb location tracking before Roe repeal
A group of more than 40 Democratic members of Congress has asked Google to stop collecting and retaining “unnecessary” location data out of fear that it could be used to identify and prosecute people who have obtained abortions. The request was made in a letter sent to Google CEO Sundar Pichai on Tuesday by members of the House and Senate, led by Senator Ron Wyden (D-OR) and including well-known progressive representatives such as Ayanna Pressley, Elizabeth Warren, Bernie Sanders, and… Source link
Read More »EU sets new online rules for Google, Meta to curb illegal content
BRUSSELS, April 23 (Reuters) – Alphabet (GOOGL.O) unit Google, Meta (FB.O) and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new internet rules agreed between European Union countries and EU lawmakers on Saturday. The agreement came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong of EU antitrust chief Margrethe Vestager’s strategy to rein in Alphabet (GOOGL.O) unit Google, Meta (FB.O) and… Source link
Read More »Australia latest to eye laws to curb Google’s adtech dominance – TechCrunch
Australia’s competition watchdog is the latest to push for legal powers to curb Google’s dominance in the adtech sector. It has made the call as it published its final report on an inquiry examining competition concerns in the digital advertising sector. In the report, the Australian Competition and Consumer Commission (ACCC) concludes that new regulatory solutions are needed to address Google’s dominance and competition to the adtech sector — “for the benefit of businesses… Source link
Read More »SEC Chair Gensler eyes corporate disclosures to curb consolidation
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler will lean on corporate disclosures as the Biden administration sets its eyes on curbing anti-competitive behavior. In a meeting of the newly-formed White House Competition Council set to take place later this week, Gensler will also emphasize the agency’s examination of the impact of revenue models like payment for order flows, a senior SEC official told Yahoo Finance. The SEC is one of six independent agencies scheduled to… Source link
Read More »S.Korea’s parliament passes bill to curb Google, Apple commission dominance
SEOUL, Aug 31 (Reuters) – South Korea’s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases. It is the first such curb by a major economy on the likes of Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions… Source link
Read More »South Korea passes ‘Anti-Google law’ bill to curb Google, Apple in-app payment commission – TechCrunch
After a number of delays, South Korea’s National Assembly today voted to approve the passage of its “Anti-Google law.” Nicknamed after the search giant but more wide-ranging, the law will prevent Google and Apple from forcing developers to use their in-app billing systems when building apps for their two market-dominating app stores . This is the first time globally that a government has intervened to prevent Google and Apple from imposing their own payment… Source link
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