Federal court rules warrantless ‘back door’ digital searches unconstitutional in victory for privacy rights
Privacy advocates worried about government overreach were awarded a victory in federal court when warrantless “backdoor” digital searches were ruled unconstitutional. The FISA Section 702 program allows federal authorities to search without warrant for digital information in databases collected in cases unrelated to the subject of the search. Both Democrats and Republicans approved this evidence-gathering […]
President Trump Signs Executive Order To ‘Evaluate’ Strategic Bitcoin and Crypto Reserve, Ban Central Bank Digital Currency, Boost Stablecoins – The Daily Hodl
President Trump just signed an executive order recognizing the creation of the National Strategic Reserve of Bitcoin and cryptocurrencies and blocking the development of central bank digital currencies (CBDCs) while promoting the adoption of stablecoins. The order, titled “Strengthening U.S. Leadership in Digital Financial Technology,” states that the government supports the “responsible growth” and use […]
CNN boss Mark Thompson confirms 200 layoffs in digital push
CNN chief Mark Thompson announced sweeping changes to the network Thursday, including the layoffs of 200 traditional TV production jobs as the company invests in new digital roles, according to reports. . Mr. Thomson said in an interview Thursday that the company plans to add about 200 new digital jobs following job cuts in its […]
UK to introduce digital driving licences to ‘transform public services’ | Politics
The UK government aims to use technology to “transform public services” and plans to introduce digital driving licenses this year. The digital version of your driver's license will be available in the government app's virtual wallet, rather than being added to your existing Google or Apple wallet. It could be used as an ID when […]
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors – CNBC
Barry Silbert, founder and CEO of Digital Currency Group Inc., speaks at the Skybridge Alternatives (SALT) conference on Thursday, May 9, 2019 in Las Vegas, Nevada, USA. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the cryptocurrency company founded by Barry Silbert, and former executives from its defunct division are paying $38.5 million to […]
Bank of America Says 61% of Consumer Sales Are Made Through Digital Channels – PYMNTS.com
bank of america's 4th quarter income, Released on Thursday (January 16) showed that the momentum of the digital shift continues, resulting in 61% of consumer sales being made through digital channels, up from 49% a year ago. Additionally, 78% of all banked households are defined as “digitally active,” up from 75% a year ago. The […]
Google search empire faces probe under new UK digital competition law
Google's online search empire is the target of a new investigation under Britain's sweeping new online antitrust laws, officials announced Tuesday. Britain's antitrust watchdog, the Competition and Markets Authority, is investigating whether Google has a “strategic market position”. The designation could subject the company to a crackdown under the country's Digital Markets, Competition and Consumers […]
Digital, Deposits and Delinquencies In Focus as Banks Kick Off Earnings Season – PYMNTS.com
Every 3 months Several major companies in the banking industry announced their financial results on the same day, and an avalanche of quarterly reports were released by all companies. how to do Sector. The roster is almost always the same. JP Morgan — Largest bank by assets — citygroup and wells fargo First out of […]
Washington Post Reportedly Shed Nearly 90% Of Digital Readership In Only 4 Years
The Washington Post's web traffic has plummeted since 2021, with digital readership down nearly 90%. The outlet, owned by billionaire Jeff Bezos, had around 22.5 million daily active users as of January 2021. According to To semaphor. However, by mid-2024, that number had fallen to just 2.5-3 million. (Related: Journalists at multiple major news organizations […]
Peso Stablecoin: 4 Philippine Banks Aim To Revolutionize Digital Payments – Bitcoinist
Cryptocurrency is gaining a foothold in the Southeast Asian country as several local banks team up to issue a new stablecoin that allows citizens to invest in digital assets. Four banks in the Philippines are preparing to introduce it. multibank stablecoin It will enable more Filipinos to join the crypto world and revolutionize cross-border transactions […]