senate - Tech News from Simmons Systems (Page 4)

Tech News from Simmons Systems

senate

A collection of 58 posts

Senate Passes Bipartisan TRACED Act to Combat Illegal Robocalls

The Senate passes the TRACED Act, a bipartisan bill requiring carriers to block robocalls using new authentication technology. The legislation now heads to the President's desk for a final signature.

Senators Grill Facebook Over Cryptocurrency Plans in Heated Hearing

Lawmakers from both parties express deep distrust as Facebook faces tough questions about its proposed Libra cryptocurrency and its ability to protect financial data.

Senators Reject Facebook's Libra Cryptocurrency Plans Over Trust Issues

Lawmakers from both parties strongly oppose Facebook's proposed Libra digital currency, citing the company's history of data scandals and lack of trust. David Marcus faces tough questioning as he promises not to launch until regulators approve.

Facebook Executive Faces Skeptical Senate Panel Over Libra Cryptocurrency Plans

Facebook's David Marcus testifies before the Senate as lawmakers express deep concerns over the social network's proposed Libra digital currency. Regulators warn that the company must address serious financial and privacy risks before moving forward.

Facebook Exclusively Integrates Calibra Wallet Into Messenger and WhatsApp

Facebook confirms it will only embed its own Calibra cryptocurrency wallet into its messaging apps, giving it a significant edge over competitors. Calibra's leader assures senators the wallet remains interoperable and compliant with US regulations.

Facebook Calibra Chief Faces Intense Senate Scrutiny Over Libra Cryptocurrency

Facebook's David Marcus testifies before the Senate Banking Committee as lawmakers voice serious concerns about the company's proposed Libra digital currency. Regulators warn that the project raises major issues regarding privacy, consumer protection, and financial stability.

Facebook's Libra Chief Prepares for Congressional Grilling Over Crypto Plans

Calibra head David Marcus prepares to testify before Congress, stating that the Libra Association faces Swiss regulation while promising U.S. compliance. Lawmakers face a steep learning curve regarding the complex cryptocurrency ahead of the hearings.

FaceApp Privacy Fears Outpace Actual Security Risks

FaceApp sparks widespread privacy and national security concerns, but experts note the app only uploads the specific photo a user selects for editing, not entire camera rolls.

Bipartisan Senate Bill Targets Loot Boxes and Pay-to-Win Mechanics

A new bipartisan Senate bill aims to ban loot boxes and pay-to-win microtransactions in games accessible to minors. The sweeping legislation forces the gaming industry to rethink its most lucrative monetization models.

Bipartisan Senate Bill Targets Manipulative Dark Patterns in Big Tech

Senators Warner and Fischer introduce the DETOUR Act to ban deceptive design tactics that trick users into surrendering personal data. The legislation holds large online platforms accountable for manipulative interfaces and compulsive design targeting children.

Zuckerberg Admits Mistakes to Senate Over Facebook Data Privacy Failures

Mark Zuckerberg tells a joint Senate committee that he takes full responsibility for Facebook's handling of user data amid the Cambridge Analytica scandal. Lawmakers warn that regulation is coming if social media companies do not fix their privacy issues.

Zuckerberg Fumbles Through Awkward Congressional Hearing Questions

Facebook CEO Mark Zuckerberg faces tough and occasionally uncomfortable questions from U.S. senators regarding monopolies, business models, and the Mueller probe.