Privacy News & Issues
Alex Dovbnya reports: The United States Court of Appeals for the Fifth Circuit has ruled against the Treasury Department’s Office of Foreign Assets Control (OFAC), siding with six plaintiffs-appellants. The court determined that immutable smart contract protocols are not “property” subject to sanctions “because they are not capable of being owned” and struck down OFAC’s…
Brody Ford reports: Zoom Communications Inc. has offered $18 million to settle a four-year-old US Securities and Exchange Commission probe related to its privacy policies and communications. In the most recent quarter, the company recorded an $18 million expense for a “tentative settlement offer” with the financial regulator, Zoom disclosed Tuesday in a filing. A…
Oops. Never hit “publish’ on this and just discovered it stilling in pending posts. AP reports: The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices heard arguments in November in Meta’s bid to shut down the lawsuit. On…
President-elect Trump has vowed to rescind an executive order that imposed AI safeguards, and could use tech to enable mass deportations. How far will California go in the other direction? By: Alex Shultz California Gov. Gavin Newsom is preparing to wage a legal war against President-elect Donald Trump, convening a special legislative session next month…