Tag: regulation
WASHINGTON (Reuters) – California and other states would be barred from setting their own rules governing design and testing of self-driving cars, while federal regulators would be blocked from demanding pre-market approval for autonomous vehicle technology, according to a U.S. House Republican proposal reviewed by Reuters on Thursday. The draft legislation, while far from becoming […]
SAN FRANCISCO (Reuters) – The U.S. Department of Justice has begun a criminal investigation into Uber Technologies Inc’s use of a software tool that helped its drivers evade local transportation regulators, two sources familiar with the situation said. Uber has acknowledged the software, known as “Greyball,” helped it identify and circumvent government officials who were […]
FCC chairman Ajit Pai made the case for light-touch regulation at MWC17 – but he did it by stacking the deck in his favor when he didn’t need to When CNBC’s Karen Tso introduced new FCC chairman Ajit Pai to the stage at MWC17, she quipped that he was likely to get a standing ovation for […]
WASHINGTON (Reuters) – The new Republican chairman of the U.S. Federal Communications Commission, Ajit Pai, vowed to pare back outdated commission regulations, but declined to say if he will move quickly to overturn the Obama administration’s landmark net neutrality rules. One top priority is “to remove unnecessary or counterproductive regulations from the books,” Pai told […]
BRUSSELS (Reuters) – Online messaging services such as WhatsApp, iMessage and Gmail will face tougher rules on how they can track users under a proposal presented by the European Union executive on Tuesday which could hurt companies reliant on advertising. The web companies would have to guarantee the confidentiality of their customers’ conversations and get […]
NEW YORK (Reuters) – A small, but rapidly growing number of digital technology start-ups is raising cash by creating and selling their own currencies in offerings bypassing banks or venture capital firms as intermediaries and are outside the reach of financial regulators. Investors are being drawn in on hopes that such “initial coin offerings” will […]
A few years ago, I wrote that when it came to the regulation of payments, America could do worse than adopt something along European lines. By “European lines”, I meant that a regulatory framework which separated systemically risky operations such as lending people money from systemically unrisky operations such as low-value payments would benefit all concerned. […]
GREEN BAY, Wisc. (Reuters) – A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business. A trucking industry survey earlier this year of mostly small operators found that 84 […]
WASHINGTON (Reuters) – The Obama administration proposed on Tuesday deeper government involvement in the design of autonomous vehicle systems and called on manufacturers to share more information about how such systems work and why they fail. The wide-ranging proposal unveiled on Tuesday by the National Highway Traffic Safety Administration (NHTSA) called on automakers to voluntarily submit details of […]
We seem to have become addicted to the notion that innovation in the digital world, particularly when it comes to operators, is about being creative with pricing. We focus on partnerships with digital service providers, content producers, gaming companies and music channels. Yet innovation can come from thinking outside the box and trying new things […]
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