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Tag: Donal Trump

US House Set to Vote on Controversial TikTok Ban
USA

US House Set to Vote on Controversial TikTok Ban

13th March 2024, Washington: The US House of Representatives is set to vote on Wednesday on a bill that could potentially force TikTok ban in the United States. The proposed legislation poses the most significant threat to TikTok yet, as concerns have mounted among governments and security officials regarding its Chinese ownership and potential allegiance to the Communist Party in Beijing. The scheduled vote, expected to take place at 10:00 am, is anticipated to pass with widespread support, showcasing a rare moment of bipartisan unity in the currently divided political landscape in Washington. While the outcome of the bill remains uncertain in the Senate, where key figures are hesitant to take such drastic action against a widely-used app boasting 170 million US users, President...
Twitter To Notify Users Exposed To Russian Propaganda During U.S. Elections
USA

Twitter To Notify Users Exposed To Russian Propaganda During U.S. Elections

Twitter Inc, which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service. The company said it would email 677,775 people in the United States who followed, retweeted or liked content from accounts associated with the Internet Research Agency (IRA) during the election. The IRA is a Russian organization that according to lawmakers and researchers, employs hundreds of people to push pro-Kremlin content under phony social media accounts. Twitter added that because it has already suspended these accounts, the relevant content is no longer publicly available on its platform. Twitter executives on Wednesday told U.S. lawmakers that it ma...
Regtech’ Startups See More Business in Trump Era
USA

Regtech’ Startups See More Business in Trump Era

President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial crisis regulations and avoid increasingly hefty fines - a sector known as "regtech" - are sanguine about Trump's pledge to dismantle some of those reforms. Their equanimity is based on a belief that if regulations are replaced rather than scrapped and the overall system of rules becomes more fragmented, financial firms will need their systems to navigate the new landscape. "Change is itself a driver of regtech adoption," said David Buxton, the chief executive of compliance startup Arachnys. "Volatility creates opportunity for relatively nimble regtech firms." Founded in London in 2010, Ara...