PayPal becomes first member to exit Facebook's Libra Association
PayPal said it would forgo any further participation in the group and would instead focus on its own core businesses.
PayPal said it would forgo any further participation in the group and would instead focus on its own core businesses.
In a sign of widening scrutiny after Facebook Inc's proposed Libra digital coin aroused widespread objection, the bill proposes a fine of $1 million per day for violation of such rules.
As one Australian Securities and Investments Commission employee put it at a RegTech event in Sydney earlier this week: “If fintech start-ups are tech rich and the banks are data rich then I think it’s fair to say that ASIC is text rich. Our regulatory guidance is all text based.”
Smartphone users might be better off seeing a doctor than relying on a family of mobile apps to diagnose whether moles on their skin are cancerous.
It's possible for companies to design their encryption systems to allow law enforcement agencies to access customer data with court-ordered warrants while still offering solid security, U.S. Department of Justice officials said.
A flurry of activity will follow the plan from U.S. Federal Communications Commission Chairman Tom Wheeler to reclassify broadband as a regulated public utility as the foundation for new net neutrality rules.
The U.S. Federal Communications Commission and its allies have several options, with most of them difficult, after a U.S. appeals court struck down most of the agency's 2010 net neutrality rules.
Making voice calls via cell phone aboard a plane doesn't hold much interest for U.S. airline passengers or airlines, but there isn't a technological reason to ban them, according to federal authorities.
In-flight cellular in the U.S. may be closer to reality than some consumers realize, with foreign airlines poised to extend services they already offer elsewhere. But evidence from overseas suggests the odds of being trapped next to a chronic caller are slim.
Technology users -- retailers, in particular -- are being snared in patent infringement lawsuits, prompting Congress to eye reforms that could change how lawsuits are filed and who pays if they're frivolous.
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