Government & Policy

IRS finalizes new regulations for taxing crypto

Government & Policy /

Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden Administration’s Infrastructure Investment and […]

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Forget the debate, the Supreme Court just declared open season on regulators

Government & Policy /

As the country reels from a Presidential debate that left no one looking good, the Supreme Court has swooped in with what could be one of the most consequential decisions it has ever made, in the context of the tech industry. By reversing a 40-year-old decision, the court has opened up regulators to endless interference

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Following raft of consumer complaints, Shein and Temu face early EU scrutiny of DSA compliance

Government & Policy /

Ultra low cost ecommerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union’s digital services regulation, the Digital Services Act (DSA), but on Friday the Commission announced it’s sent a bunch of requests for information (RFI) to both platforms vis-a-vis to their

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FCC rule would make carriers unlock all phones after 60 days

Government & Policy /

The FCC wants to make it significantly easier for consumers to unlock their phones from their carriers, proposing that all devices must be unlockable just 60 days after purchase. How this will mesh with current plans and phone-buying trends, however, is something the agency is hoping to learn before putting such a rule into effect.

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Unbabel among the first AI startups to win millions of GPU training hours on EU supercomputers

Government & Policy /

The European Union has announced the winners of a “Large AI Grand Challenge” it kicked off earlier this year in a bid to accelerate the pace of homegrown innovation by large-scale AI model makers. Four startups will share €1 million in prize money and, perhaps more importantly, 8 million GPU hours to train their models

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Supreme Court rejects claim that Biden administration pressured social media firms into removing misinformation

Government & Policy /

The Supreme Court on Wednesday rejected a Republican-led challenge to the Biden administration’s communication with social media companies to combat online misinformation on topics related to COVID-19 and the 2020 election. The ruling overturns an injunction, which was currently on hold, that would have limited contact between government officials and social media companies. The Republican

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Internet goes dark in Kenya in the wake of major protests over finance bill

Government & Policy /

London-based internet rights monitoring group NetBlocks has reported a major internet disruption in Kenya following a wave of demonstrations across the country, as police violently cracked down on citizens taking to the streets to protest a government bill to hike taxes despite tough economic times and widespread corruption. The interruption in access comes as the

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The EU’s DMA is coming for Apple, and X bots are on the loose

Government & Policy /

Apple has been named the first of tech’s so-called “gatekeepers” to be charged for violating the EU’s Digital Markets Act. In a press release this morning, the European Commission alleged that Apple’s App Store rules, “prevent app developers from freely steering consumers to alternative channels for offers and content,” blocking developers from providing customers with

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EU Member States remain divided on controversial CSAM-scanning plan — but for how long?

Government & Policy /

A key body of European Union lawmakers remains stalled over a controversial legislative proposal that could see millions of users of messaging apps forced to agree to their photo and video uploads being scanned by AI to detect child sexual abuse material (CSAM). Critics of the plan include tech industry messaging giants like WhatsApp to

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Steve Case on why policy is crucial to make sure AI success isn’t concentrated to a few players

Government & Policy /

Steve Case is no stranger to how policy can help aid innovation. His former company AOL would have been dead in the water if not for the Telecommunications Act of 1996, which required telecoms companies to open access to their tech. Now, Case is hoping the federal government will look to take the same stance

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