Tag: Congress

In letter to Congress, Apple sends strongest denial over ‘spy chip’ story

Apple has doubled down on its repudiation of Bloomberg’s report last week that claimed its systems had been compromised by Chinese spies. The blockbuster story cited more than a dozen sources claiming that China installed tiny chips on motherboards built by Supermicro, which companies across the U.S. tech industry — including

Facebook is weaponizing security to erode privacy

At a Senate hearing this week in which US lawmakers quizzed tech giants on how they should go about drawing up comprehensive Federal consumer privacy protection legislation, Apple’s VP of software technology described privacy as a “core value” for the company. “We want your device to know everything about you but we

White House says a draft executive order reviewing social media companies is not “official”

A draft executive order circulating around the White House “is not the result of an official White House policymaking process,” according to deputy White House press secretary, Lindsay Walters. According to a report in The Washington Post, Walters denied that White House staff had worked on a draft executive order that would

Congressional bill would improve startup valuations

Late last week, Congress moved one step closer to passing the American Innovation Act of 2018, a bill that would make accounting and tax changes that would likely increase the valuation of startups in an acquisition. The House Ways and Means committee approved a bill containing text that would improve the treatment of Net Operating Losses (NOLs) for start-ups. While many

Twitter agrees to abuse transparency reports, civil rights audit

A meek and quiet “no” was Twitter CEO Jack Dorsey’s refrain as he responded to an onslaught of questions from House Energy Committee Republicans about whether his service shadowbans or is biased against conservatives. A few Democrats like Rep Sarbanes (D-MD) accurately pointed out that the whole point of the

Facebook users becoming more cautious and critical, says Pew

Ahead of Facebook COO Sheryl Sandberg testifying before Congress later today, where she will be questioned alongside Twitter CEO Jack Dorsey as US lawmakers wrestle with how to regulate social media platforms (and even just to get bums on seats, given Google’s Larry Page declined to attend), the Pew Research Center

Twitter is a Nazi haven for the same reason its CEO claims no bias

“From a simple business perspective and to serve the public, Twitter is incentivized to keep all voices on the platform”. That’s Twitter CEO Jack Dorsey’s argument for why “Twitter does not use political ideology to make any decisions” according to his prepared statement for his appearance at tomorrow’s hearing with

Washington hit China hard on tech influence this week

After months of back-and-forth negotiations, Washington moved rapidly this past week to fend off the increasing transcendence of China’s tech industry, with Congress passing expanded national security controls over M&A transactions and the Trump administration heaping more pressure on China with threats of increased tariffs. We’ve been following the reforms

Facebook really doesn’t want users to go to a fake Unite the Right counter-protest next week

According to COO Sheryl Sandberg, getting ahead of an event called “No Unite the Right 2, DC” is the reason behind Facebook’s decision to disclose new platform behavior that closely resembles previous Russian state-sponsored activity meant to sow political discord in the US. “We’re sharing this today because the connection

Russian hackers already targeted a Missouri senator up for reelection in 2018

A Democratic senator seeking reelection this fall appears to be the first identifiable target of Russian hacking in the 2018 midterm race. In a new story on the Daily Beast, Andrew Desiderio and Kevin Poulsen reported that Democratic Missouri Senator Claire McCaskill was targeted in a campaign-related phishing attack. That