About half of American youth don’t use Facebook, and user time there declined about 20% since 2015, NetChoice reported Thursday. Social media competitors include YouTube, Snapchat, Twitter, Pinterest, TikTok and Parler, the report said. It listed digital ad competitors like Google, Amazon, AT&T, Verizon, Comcast and the Rubicon Project. “There is no antitrust case against Facebook,” NetChoice Vice President Carl Szabo said. “Instead, Facebook has benefited users, advertisers, and publishers.” Fears about internet dominance are misplaced, the Information Technology & Innovation Foundation said. Amazon, Apple, Google, Facebook and Microsoft have less than 20% of S&P 500 value, ITIF said. In the early 1960s, the top five share was more than 30% among General Motors, Ford Motor, General Electric and two companies that are now ExxonMobil.
Backing Charter Communications' ask the FCC sunset two Time Warner Cable-Bright House Networks transaction conditions in May (see 2006180050) are free-market and small-government advocacy groups, swarms of local business groups and local elected officials. Opponents are primarily public interest groups, as expected (see 2007090009), in docket 16-197 postings Thursday. Replies are due Aug. 6.
Backing Charter Communications' ask the FCC sunset two Time Warner Cable-Bright House Networks transaction conditions in May (see 2006180050) are free-market and small-government advocacy groups, swarms of local business groups and local elected officials. Opponents are primarily public interest groups, as expected (see 2007090009), in docket 16-197 postings Thursday. Replies are due Aug. 6.
Multifactor authentication should be a default for companies accessing and transferring customer data, the FTC was told. The agency proposed process-based requirements in April to add to its safeguards rule on how financial institutions keep customer information secure. Monday’s workshop was to gather information for the proposed rulemaking.
Multifactor authentication should be a default for companies accessing and transferring customer data, the FTC heard. The agency proposed process-based requirements in April to add to its safeguards rule, which governs how financial institutions keep customer information secure (see 2004200062). Monday’s workshop was meant to gather information for the proposed rulemaking.
Multifactor authentication should be a default for companies accessing and transferring customer data, the FTC heard. The agency proposed process-based requirements in April to add to its safeguards rule, which governs how financial institutions keep customer information secure (see 2004200062). Monday’s workshop was meant to gather information for the proposed rulemaking.
The California Consumer Protection Act enforcement kicked off Wednesday. Senate Majority Leader Robert Hertzberg (D) told us he expects Attorney General Xavier Becerra (D) to act shortly to enforce CCPA, even with some matters unresolved. Privacy attorneys, consumer advocates and others expect the AG to tackle egregious violations of the statute in enforcement’s early days, they said in interviews.
President Donald Trump signed an executive order Thursday that would remove liability protections for online platforms that censure or edit content (see 2005270016). There would be a role for antitrust agencies and the FCC, whose commissioners reacted along party lines to the EO. “We’re here today to defend free speech from one of the greatest dangers,” Trump said, claiming tech monopolies have “unchecked power” to censor and restrict human interaction.
President Donald Trump signed an executive order Thursday that would remove liability protections for online platforms that censure or edit content (see 2005270016). There would be a role for antitrust agencies and the FCC, whose commissioners reacted along party lines to the EO. “We’re here today to defend free speech from one of the greatest dangers,” Trump said, claiming tech monopolies have “unchecked power” to censor and restrict human interaction.
Export Compliance Daily is providing readers with some of the top stories for April 13-17 in case you missed them.