Congressional testimony reveals some faults in Facebook’s digital currency plans

As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional aisle. In the second of what’s sure to be many (many many many) […]

Facebook’s testimony to Congress: Libra will be regulated by Swiss

The head of Facebook’s blockchain subsidiary Calibra David Marcus has released his prepared testimony before Congress for tomorrow and Wednesday, explaining that the Libra Association will be regulated by the Swiss government because that’s where it’s headquartered. Meanwhile, he says the Libra Association and Facebook’s Calibra wallet intend to comply will all U.S. tax, anti-money […]

Adopting a ratings system for social media like the ones used for film and TV won’t work

Gail Ann Hurd Contributor Gale Anne Hurd is a producer of films and television shows, including the “Terminator” trilogy, “Aliens”, “Armageddon”, and “The Walking Dead”. Ruth Vitale Contributor Ruth Vitale, who has held top executive posts at indie film outfits including Paramount Classics, Fine Line Features, and New Line Cinema, is CEO of CreativeFuture. Internet […]

Protecting the integrity of US elections will require a massive regulatory overhaul, academics say

Ahead of the 2020 elections, former Facebook chief security officer Alex Stamos and his colleagues at Stanford University have unveiled a sweeping new plan to secure U.S. electoral infrastructure and combat foreign campaigns seeking to interfere in U.S. politics. As the Mueller investigation into electoral interference made clear, foreign agents from Russia (and elsewhere) engaged […]

CFIUS Cometh: What this obscure agency does and why it matters to your fund or startup

How the government plans to fight foreign investment in tech companies and venture capital Evan J. Zimmerman 19 hours Evan J. Zimmerman Contributor Evan J. Zimmerman is an entrepreneur, investor, and writer. He is the Chairman of Jovono and Chairman of the Clinton Health Access Initiative technology council. He is a partner and director in […]

Tech stocks tumble as China retaliates in latest salvo of the trade war

Shares of technology companies were hit hard as China retaliated against the U.S. in the latest salvo of the ongoing trade war between the two countries. The S&P 500 Index shed roughly $1.1 trillion of value while the Dow Jones Industrial Average and the Nasdaq Composite Index fell 2.38% and 3.41%, respectively. On Monday, China […]

Nancy Pelosi warns tech companies that Section 230 is ‘in jeopardy’

In a new interview with Recode, House Speaker Nancy Pelosi made some notable comments on what by all accounts is the most important law underpinning the modern internet as we know it. Section 230 of the 1996 Communications Decency Act is as short as it is potent — and it’s worth getting familiar with. It […]

For true transparency around political advertising, US tech companies must collaborate

Ann M. Ravel Contributor Ann M. Ravel is the Digital Deception Project Director at MapLight and previously served as chair of the Federal Election Commission. In October 2017, online giants Twitter, Facebook and Google announced plans to voluntarily increase transparency for political advertising on their platforms. The three plans to tackle disinformation had roughly the […]

Why a top antitrust lawmaker thinks it’s time to break up Facebook

When the newly-minted chair of a congressional antitrust committee calls you out, it’s probably time to start worrying. In an op-ed for the New York Times, Rhode Island Representative David N. Cicilline has called on the Federal Trade Commission to look into Facebook’s behavior for potential antitrust violations, citing TechCrunch’s own reporting that the company […]

How to decarbonize America — and the world

Ramez Naam Contributor More posts by this contributor The Ultimate Interface Is Your Brain The Green New Deal has burst onto the American stage, spurring more conversation about – and aspiration for – ambitious climate policy than at any point in at least a decade. I’m glad to see it. Suddenly, climate is on the […]