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UK's Age Verification Laws Drive Non-Compliant Sites and Increase Unverified Visits
4 months ago•Source: TechCrunch
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1.63 min•1 year ago
Australia Abandons Controversial Misinformation Bill Amid Free Speech Concerns
The Australian government has withdrawn a proposed bill that would have fined online platforms for failing to curb misinformation, citing a lack of support in the Senate. The bill aimed to hold tech companies accountable for misinformation but faced criticism for potentially suppressing free speech. Communications Minister Michelle Rowland emphasized the need for other measures to protect democratic institutions, including legislation on deep fakes and AI regulation. The bill's withdrawal follows criticism from figures like Elon Musk and opposition from Shadow Communications Minister David Coleman.
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"US Implements Overdue Changes to Race and Ethnicity Classification"
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"US Allocates $6 Billion to Decarbonize Industrial Sector and Cut Emissions"
Energy.gov•1 year ago
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"Biden Administration's Cybersecurity Initiative to Safeguard US Ports and Replace Chinese-Made Cranes"
Originally Published 1 year ago — by The White House
The Biden-Harris Administration is taking steps to enhance the cybersecurity of U.S. ports and strengthen the nation's maritime infrastructure. This includes issuing an Executive Order to address maritime cyber threats, implementing cybersecurity standards for American ports, and investing over $20 billion in U.S. port infrastructure. Additionally, the U.S. Coast Guard will issue a Maritime Security Directive on cyber risk management for cranes manufactured by the People’s Republic of China, and a Notice of Proposed Rulemaking on cybersecurity in the Marine Transportation System. The Administration aims to bring domestic onshore manufacturing capacity back to America to provide safe, secure cranes to U.S. ports, as part of its efforts to bolster supply chain resilience and national security.
"White House Boosts Economic Growth with $530 Million Innovation Awards Across America"
Originally Published 1 year ago — by The White House
The Biden-Harris Administration has announced the recipients of over $530 million in investment through the U.S. National Science Foundation's Regional Innovation Engines program, aiming to boost economic growth and innovation in 10 U.S. regions over the next decade. These investments will focus on various sectors such as semiconductor manufacturing, clean energy, sustainable textiles, climate-resilient agriculture, regenerative medicine, and more. The program, authorized by the bipartisan CHIPS and Science Act, aims to stimulate economic growth and create job opportunities across communities, aligning with President Biden's economic vision. Additionally, the NSF is inviting 15 other teams to pursue NSF Regional Innovation Engine Development Awards, further diversifying and expanding the program's impact across the country.
"Yellen Reveals 100,000 Firms Join Effort to Expose Shell Company Owners"
Originally Published 2 years ago — by Yahoo News
Treasury Secretary Janet Yellen announced that 100,000 businesses have joined a new database collecting "beneficial ownership" information to unmask shell company owners, emphasizing the U.S.'s commitment to preventing illicit financial activities. The database, part of the Biden administration's push for corporate transparency, is a result of the bipartisan Corporate Transparency Act. Yellen also discussed upcoming real estate rules to increase transparency and address money laundering risks. Despite legal challenges, Yellen emphasized the benefits of corporate transparency in protecting national security and the economy.
"Yellen Reveals 100,000 Firms Join Effort to Expose Shell Company Owners"
Originally Published 2 years ago — by The Associated Press
Treasury Secretary Janet Yellen announced that 100,000 businesses have joined a new database collecting beneficial ownership information to unmask shell company owners, emphasizing the U.S.'s commitment to preventing the misuse of shell companies and money laundering. The database, established as part of the Corporate Transparency Act, requires most U.S. firms to report identifying information about their owners or controllers. Yellen also discussed upcoming real estate rules aimed at increasing transparency in property ownership, highlighting the importance of corporate transparency in protecting national security and the economy.
"Deputy Attorney General Introduces Safe Harbor Policy for M&A Self-Disclosures"
Originally Published 2 years ago — by Department of Justice
Deputy Attorney General Lisa O. Monaco announced a new Safe Harbor Policy for voluntary self-disclosures made in connection with mergers and acquisitions. The policy aims to encourage the disclosure of misconduct and hold individual wrongdoers accountable. Monaco highlighted the expansion of corporate enforcement efforts in the national security realm, the use of new tools to penalize corporate misconduct and incentivize good corporate citizenship, and the importance of compliance in protecting national security. She also discussed the new Mergers & Acquisitions Safe Harbor policy, which provides a presumption of declination for acquiring companies that promptly and voluntarily disclose criminal misconduct, cooperate with investigations, and engage in appropriate remediation. Monaco emphasized the need for companies to prioritize compliance and effective due diligence in order to mitigate risks and protect shareholders.
Ohio's New State Budget: Impacts on Daily Life, Tobacco Regulation, and Education Funding
Originally Published 2 years ago — by The Columbus Dispatch
Ohio's new two-year budget brings significant changes for Ohioans, including tax cuts for income earners, elimination of the Commercial Activities Tax for most businesses, sales tax exemptions for baby items, and the creation of a universal school voucher program. Other notable changes include increased funding for mental health services, improvements in affordable housing, and investments in education and infrastructure. The budget also addresses various issues such as nursing home oversight, parental leave for state employees, and restrictions on social media use.