Tag Archives: Oversight

Should Amazon, Microsoft, Google and Other Cloud Companies Face More Government Oversight?

Cloud-computing services are so ubiquitous that it’s hard to fathom modern life without them. Take a photo on your phone and it is zapped to a cloud service for storage. Order shoes online, book a hotel room or stream a TV show, and the transaction likely takes place in the cloud. Moreover, thousands of companies and government agencies use cloud computing to run their core internal software and databases. Source link

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Biden seen issuing crypto oversight exec order next week

President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. According to an administration official familiar with the matter, the forthcoming directive will commission a study of a CBDC and ask a range of agencies – including the Departments of Treasury, State, Justice and Homeland Security – to develop… Source link

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Google agrees with UK’s CMA to deeper oversight of Privacy Sandbox – TechCrunch

As part of an ongoing antitrust investigation into Google’s Privacy Sandbox by the UK’s competition regulator, the adtech giant has agreed to an expanded set of commitments related to oversight of its planned migration away from tracking cookies, the regulator announced today. Google has also put out its own blog post on the revisions — which it says are intended to “underline our commitment to ensuring that the changes we make in Chrome will apply in the same way to Google’s… Source link

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Google commits to competition watchdog oversight on privacy changes

Search engine giant Google has offered new proposals on the way it uses customer data following an intervention by the competition watchdog. The Competition and Markets Authority (CMA) said it has laid out a series of commitments from Google over its Privacy Sandbox plans that risked squeezing competition by removing third-party cookies and other functionalities from its Chrome browser. Investigators raised concerns that plans by Google to hide data – in the name of privacy – would impede… Source link

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Federal Student Aid’s Cordray details increased oversight over student loans

The Department of Education (ED)’s office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, launched a new Office of Enforcement last week to overhaul oversight of postsecondary schools that participate in federal student loan programs. FSA Chief Operation Officer Richard Cordray, a former attorney general in Ohio who served as the director at the Consumer Financial Protection Bureau (CFPB) under President Obama and wrote “Watchdog: How Protecting… Source link

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Education Department launches office of enforcement to ‘vigorously’ increase oversight

The Education Department’s (ED) office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, is launching an Office of Enforcement to “vigorously” increase oversight of postsecondary schools that participate in federal student loan programs. “Vigorously ensuring that schools are adhering to the federal student aid program rules and delivering quality education to students is critical in America’s ability to build back better,” Under Secretary… Source link

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Exclusive: Google pledges changes to research oversight after internal revolt

By Jeffrey Dastin, Paresh Dave (Reuters) – Alphabet Inc’s Google will change procedures before July for reviewing its scientists’ work, according to a town hall recording heard by Reuters, part of an effort to quell internal tumult over the integrity of its artificial intelligence (AI) research. FILE PHOTO: The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville In remarks at a staff meeting last Friday, Google Research… Source link

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Exclusive: Google pledges changes to research oversight after internal revolt

By Jeffrey Dastin, Paresh Dave (Reuters) – Alphabet Inc’s Google will change procedures before July for reviewing its scientists’ work, according to a town hall recording heard by Reuters, part of an effort to quell internal tumult over the integrity of its artificial intelligence (AI) research. FILE PHOTO: The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville In remarks at a staff meeting last Friday, Google Research… Source link

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Biden Aides Say Market Oversight of GameStop Frenzy Is Working

TipRanks 3 Monster Growth Stocks That Could Weather the Volatility Volatility is back on the menu. Last week brought January’s trading to a close in what amounted to the stock market’s worst month since October. The GameStop saga hogged the headlines as the retail buying frenzy for names with high short interest raised the possibility the market might be exhibiting bubble behavior. Add into the mix the slow rollout of Covid-19 vaccines and the fear of a delayed return to normalcy, and once… Source link

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