Mnuchin Sounds Alarm Over Facebook’s Money-Minting Plan | Government

By John P. Mello Jr. Jul 17, 2019 2:51 AM PT The U.S. Treasury Department has “very serious concerns” about Facebook’s new Libra cryptocurrency, according to Secretary Steve Mnuchin. “Libra could be misused by money launderers and terrorist financiers,” he told reporters at a White House press conference Monday. “Cryptocurrencies, such as Bitcoin, have been.


The Growing Menace of Weaponized Deepfakes | Government

The U.S. House Intelligence Committee last week heard expert testimony on the growing threat posed by “deepfakes” — altered videos and other artificial intelligence-generated false information — and what it could mean for the 2020 general elections, as well as the country’s national security overall. The technologies collectively known as “deepfakes” can be used to.

China-US Trade Tension Is Causing Irreparable Damage to High-Tech | Government

While trade disputes between countries are nothing new and seldom are remembered, the ongoing one between China and the United States may change the course of the electronics industry going forward. In the beginning of the dispute proposed tariffs excluded electronics for the most part. The U.S. even modified some initial proposals to avoid impacting.

New Antitrust Probe Tightens Screws on Big Tech | Government

The United States House of Representatives Antitrust Subcommittee on Monday opened an investigation into competition in digital markets, increasing the pressure on big tech companies over antitrust issues. The subcommittee is part of the House Judiciary Committee. The bipartisan investigation will include a series of hearings on antitrust, commercial and administrative law about the rise.

ARM Joins Firms Shunning Huawei’s Business | Government

British mobile device software design firm ARM has ordered its staff to stop working with Chinese smartphone giant Huawei and its subsidiaries, in compliance with a ban issued by President Trump, the BBC reported Wednesday. Under an executive order Trump signed last week, foreign companies and individuals are prohibited from buying United States technology and.