While convenient for consumers and cost-effective for certain businesses, the rise of e-commerce creates data security and privacy concerns, and it threatens small businesses without an online footprint, the House Digital Commerce Subcommittee heard Wednesday, as expected (see 1803060041). Hel’s Kitchen Catering founder David Borris called Amazon “an existential threat” to millions of small businesses. Small firms lack resources to establish quality online platforms, he said, and sometimes spend the equivalent of 8 to 10 percent of profit to compete. Amazon responded by citing to us that more than 50 percent of Amazon unit sales come from third-party sellers; more than 2 million offer hundreds of millions of unique products through Amazon’s Marketplace; and more than 100,000 have more than $100,000 in sales through Amazon.
The House Digital Commerce Subcommittee expects to hear from e-commerce experts Wednesday on a range of consumer issues, including data security, consumer privacy and IoT technology, said Chairman Bob Latta, R-Ohio, and an executive in interviews Tuesday. The hearing is expected to examine how e-commerce altered retail and its impacts on supply chain, delivery and consumer expectations. This e-commerce trend has been made possible by modern payment methods like blockchain technology and convenient delivery options, enabled in part by emerging IoT technologies.
The House Digital Commerce Subcommittee expects to hear from e-commerce experts Wednesday on a range of consumer issues, including data security, consumer privacy and IoT technology, said Chairman Bob Latta, R-Ohio, and an executive in interviews Tuesday. The hearing is expected to examine how e-commerce altered retail and its impacts on supply chain, delivery and consumer expectations. This e-commerce trend has been made possible by modern payment methods like blockchain technology and convenient delivery options, enabled in part by emerging IoT technologies.
The House Digital Commerce Subcommittee expects to hear from e-commerce experts Wednesday on a range of consumer issues, including data security, consumer privacy and IoT technology, said Chairman Bob Latta, R-Ohio, and an executive in interviews Tuesday. The hearing is expected to examine how e-commerce altered retail and its impacts on supply chain, delivery and consumer expectations. This e-commerce trend has been made possible by modern payment methods like blockchain technology and convenient delivery options, enabled in part by emerging IoT technologies.
An argument against concerns about the size of online platforms is that they're providing useful services consumers enjoy, and government intervention would damage the quality of products. That's not stopping tech critics from both parties from ratcheting up their scrutiny of major tech companies, a trend that some expect to continue.
An argument against concerns about the size of online platforms is that they're providing useful services consumers enjoy, and government intervention would damage the quality of products. That's not stopping tech critics from both parties from ratcheting up their scrutiny of major tech companies, a trend that some expect to continue.
Cloud Act sponsor Sen. Chris Coons, D-Del., told us Thursday he’s hopeful the legislation will get attached to the fiscal 2018 spending bill, though it will require consent from “an awful lot of folks.” Agreement would need to come from Sen. Chuck Grassley, R-Iowa, and Rep. Bob Goodlatte, R-Va., who respectively chair the Senate and House Judiciary Committees and could assert jurisdiction over the bill and schedule hearings (see 1802140062). Oral argument in U.S. v. Microsoft was held last week before the Supreme Court, where justices explored implications of the Cloud Act (S-2383) (see 1802270052).
Cloud Act sponsor Sen. Chris Coons, D-Del., told us Thursday he’s hopeful the legislation will get attached to the fiscal 2018 spending bill, though it will require consent from “an awful lot of folks.” Agreement would need to come from Sen. Chuck Grassley, R-Iowa, and Rep. Bob Goodlatte, R-Va., who respectively chair the Senate and House Judiciary Committees and could assert jurisdiction over the bill and schedule hearings (see 1802140062). Oral argument in U.S. v. Microsoft was held last week before the Supreme Court, where justices explored implications of the Cloud Act (S-2383) (see 1802270052).
FTC members and staffers heard from academics about privacy, security and other risks in a range of connected products and in some of the programming that undergirds parts of the IoT. Many shared parts of their research and published papers Wednesday during the FTC’s PrivacyCon.
FTC members and staffers heard from academics about privacy, security and other risks in a range of connected products and in some of the programming that undergirds parts of the IoT. Many shared parts of their research and published papers Wednesday during the FTC’s PrivacyCon.