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Got your attention? We thought so. In a recently published Notice, the IRS seems to be offering some cautionary advice about the legal risks associated with using cryptocurrencies to avoid capital gains taxes. Likely displeased by the volume of folks who have utilized cryptocurrencies to avoid repor...
New York regulators have initiated an investigation into a tech entrepreneur's complaint that credit limits for the new Apple Card are based on gender-biased algorithms. The investigation, announced by DFS Superintendent Linda Lacewell, apparently stems from a series of tweets David Heinemeier Hanss...
Businesses have been using secret scores created by data brokers to determine how much to charge consumers, whether to allow purchase returns, and what level of service to offer, among other things. "Most consumers will never know when they are the victim of a secret surveillance score," noted Laura...
The Federal Trade Commission announced settlements of a series of fraudulent marketing charges against two high-profile firms. The actions taken make it clear that anyone who engages in similar illegal behavior will face enforcement action, the FTC said. In the first case, Devumi agreed to settle th...
San Francisco officials want to get ahead of the emerging technology curve by prequalifying and regulating startup tech proposals before products become available to consumers. That approach is a developing trend in the U.S., according to Arle Lommel, senior analyst at CSA Research. If approved, the...
The Trump administration has begun inserting legal protections into trade agreements to shield online platforms like Facebook, Twitter and YouTube from lawsuits. That move could help lock in America's tech-friendly regulations around the world even as they are being questioned at home. The legal pro...
Given the risk of non-compliance, it is prudent for businesses to take the time now to analyze and consider whether the CCPA applies to them -- and if so, what changes need to be made.
An attendee at a two-hour question-and-answer session during a Facebook company meeting held in July leaked a recording of founder and CEO Mark Zuckerberg's comments that reveal deep insights into his thinking.
Google need not comply with the right to be forgotten outside of the EU, according to a European Court of Justice ruling. A global de-referencing would meet the EU's data protection objectives, the court said, but it found that numerous third states do not recognize the right to de-referencing or ha...
California Assembly Bill 5, which would require many businesses to hire workers as employees rather than independent contractors, has passed its second reading. After a vote on amendments in a third reading, it likely will go to Governor Gavin Newsom, who has indicated he will sign it. Bill AB 5 ext...
The attorneys general of 48 states, plus those from United States territory Puerto Rico and Washington, D.C., have joined in an investigation into whether Google stifled online advertising and search competition. The only holdouts are the attorneys general of Alabama, where Google is building a $600...
So now Oracle is appealing the Pentagon's award to Amazon of its $10 billion JEDI contract to provide cloud computing solutions. "The Court of Federal Claims opinion in the JEDI bid protest describes the JEDI procurement as unlawful, notwithstanding dismissal of the protest solely on the legal techn...
Chinese government-affiliated hackers have been making a concerted effort to steal medical research, particularly cancer research, from U.S. institutions. The step-up in medical research theft appears to be linked to China's growing concern over cancer mortality rates and increasing healthcare costs...
Google, Mozilla and Apple have blocked a fake root certificate issued by Kazakhstan's government to spy on its citizens' online activities. The government instructed citizens to install the certificate on all of their devices, and it provided separate instructions for Android, iOS, Chrome, Firefox, ...
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