20 posts tagged ‘Government & Policy’
YouTuber LegalEagle sues PayPal over ‘sleeping leech’ Honey extension
TechCrunch,
A new lawsuit alleges that the PayPal-owned browser extension Honey is cheating creators out of money. Honey, which PayPal acquired for $4 billion in 2019, works by automatically presenting users with relevant coupon codes as they shop. However, in a video posted last month, YouTuber MegaLag described Honey as a “scam” that’s “stealing money from […] © 2024 TechCrunch. All rights reserved. For personal use only.
Lyft will credit NYC riders for congestion fee throughout January
New York City’s congestion pricing is scheduled to take effect Sunday — but for the first month, Lyft said it will be crediting riders who pay the fee. New York’s program, which is supposed to reduce traffic in lower Manhattan while also raising funding for mass transit, was paused by Governor Kathy Hochul in June, […] © 2024 TechCrunch. All rights reserved. For personal use only.
FTC orders AI accessibility startup accessiBe to pay $1M for misleading advertising
The U.S. Federal Trade Commission has fined accessiBe, a startup that claims to make websites more compatible with the screen readers blind people rely on to access the internet, for false advertising and compensating reviewers without disclosing that it sponsored the reviews. In a proposed order, the FTC would require accessiBe to pay $1 million that […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits. The wait ended today, with the Treasury announcing final rules for hydrogen […] © 2024 TechCrunch. All rights reserved. For personal use only.
Meta policy chief Nick Clegg steps down
The president of Meta’s Global Affairs team, Nick Clegg, is stepping down from his position at the company, the executive announced in a tweet on Thursday. Clegg, Meta’s politically centrist policy chief since 2018, will be replaced by one of the company’s most prominent Republican executives, Joel Kaplan. Clegg noted on X that Kaplan is […] © 2024 TechCrunch. All rights reserved. For personal use only.
Silicon Valley stifled the AI doom movement in 2024
For several years now, technologists have rung alarm bells about the potential for advanced AI systems to cause catastrophic damage to the human race. But in 2024, those warning calls were drowned out by a practical and prosperous vision of generative AI promoted by the tech industry — a vision that also benefited their wallets. […] © 2024 TechCrunch. All rights reserved. For personal use only.
LinkedIn co-founder Reid Hoffman warns against Elon Musk’s ‘conflict of interest’ in setting AI policies
Reid Hoffman, co-founder at LinkedIn and Inflection AI, shared his expectations for the incoming Trump administration in an opinion piece for the Financial Times. And while he appears hopeful that President-Elect Donald Trump could clear the way for more competition and faster innovation in the technology industry, Hoffman also expressed concerns around Trump providing certain […] © 2024 TechCrunch. All rights reserved. For personal use only.
EU closes antitrust probe into Apple’s e-book and audiobook rules after complaint withdrawn
The European Commission (EC) has quietly closed a longstanding antitrust investigation into Apple over rules it enforces against third-party e-book and audiobook app developers. The EC opened the probe back in 2020 after receiving complaints over how Apple forced competing e-book and audiobook app developers to use Apple’s own in-app payment system, while also preventing […] © 2024 TechCrunch. All rights reserved. For personal use only.