As federal regulators sharpen their focus on big tech, expect to see and hear more from Rep. Ro Khanna, a Silicon Valley congressman who is shaping...
As federal regulators sharpen their focus on big tech, expect to see and hear more from Rep. Ro Khanna, a Silicon Valley congressman who is shaping legislation with a Republican counterpart that is tantamount to an internet Bill of Rights.
“We need smart, thoughtful legislation, not a reflexive breakup of companies,” Khanna told MarketWatch in a phone interview late Friday. “That means protecting consumer privacy and competition without hurting innovation and our competitive edge over China.”Khanna is one of several federal lawmakers from both sides of the aisle who have pledged to make Big Tech more responsible for how it collects and manages the data of billions of people.
“We expect six to seven bills that are well-crafted and nuanced that protect consumers without impeding innovation,” Khanna told MarketWatch. Those guidelines hew more closely to Europe’s General Data Protection Regulation and California’s developing privacy law, which place tighter restrictions on data-collection practices.One possible bill would give consumers permission to “opt in” rather than “opt out” of digital systems before their data can be collected and shared with third parties.
“Technology and business models change based on the preferences of consumers,” Lal told MarketWatch in a phone interview. “What this all comes down to is not assessing and penalizing market power, as it did with AT&T Inc. T, -1.80% , but reacting now to the growing influence a Facebook has on the behavior of the consumer base in things like elections.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Meet Mark Stevens, The Silicon Valley Billionaire Banned From NBA Games, Fined $500,000The courtside fan who pushed Toronto Raptors player Kyle Lowry during the third game in the 2019 NBA Finals was a Silicon Valley billionaire.
Consulte Mais informação »
Meet Mark Stevens, The Silicon Valley Billionaire Banned From NBA Games, Fined $500,000The courtside fan who pushed Toronto Raptors player Kyle Lowry during the third game in the 2019 NBA Finals was a Silicon Valley billionaire.
Consulte Mais informação »
Fiat Chrysler teams up with Amazon-backed driverless car start-up AuroraFiat Chrysler is joining forces with Silicon Valley-based technology upstart Aurora to harness its driverless car software.
Consulte Mais informação »
Google Just Got Roped Into U.S. Government’s Case Against Roger StoneGoogle is called on to help the government pull together a timeline of comments made by Roger Stone, a former Trump campaign staffer and long-time ally to the president. The Silicon Valley giant is being asked to provide YouTube upload dates on videos of Stone's comments on contact with Wikileaks.
Consulte Mais informação »
From Alabama To Wyoming, Meet America’s Best Employers By State 2019Silicon Valley startups and Wall Street stalwarts are often what come to mind as the places where Americans most want to work. But if more than 100 consecutive months of job gains have proven anything, it’s that employers from coast to coast have what it takes to attract and retain top talent.
Consulte Mais informação »
Inside Serena Williams’ Plan To Ace Venture InvestingTennis icon Serena Williams has been a trailblazer for more than two decades. She is now doing the same in Silicon Valley, investing in the underserved market of startups founded by women and minorities.
Consulte Mais informação »