Platform Executive

The full version of the article, along with thousands like it, can be found here: Former Apple worker inspires Washington state measure seeking to curb NDAs A former Apple Inc employee who had filed a whistleblower complaint related to Apple's use of non-disclosure agreements (NDAs) has inspired draft legislation in Washington state that seeks to restrict companies' use of NDAs in settlements of workplace harassment and discrimination claims. The measure comes on the heels of similar legislation in California. Washington state Senator Karen Keiser and Representative Liz Berry, both Democrats, are working on bills in their respective houses, which they plan to introduce in the next legislative session, their offices confirmed this week. Cher Scarlett, a former Apple employee and Washington resident who has played a leading role in worker activism, said she reached out to Keiser in October to raise awareness about the issue. Chelsey Glasson, a former Google employee who su...

The full version of the article, along with thousands like it, can be found here: Regulator: Anti-money laundering credentials key for Binance’s Paris plans France's financial sector regulator has said that crypto exchange Binance must focus on its anti-money laundering compliance if it wants regulatory backing to set up a possible regional hub in Paris. Regulators across the world have in recent months scrutinised Binance, the world's largest exchange by trading volumes. Some have banned the platform from certain activities, while others have warned consumers that it is unlicensed to operate. The company has acknowledged that its currently decentralised structure has been frowned on by regulators and it aims to set up regional hubs. Binance CEO Changpeng Zhao said earlier this month that Paris would be a "natural choice" for its regional and possibly its global headquarters. "It's a sign of the Paris market's innovative dynamism but this obviousl...

The full version of the article, along with thousands like it, can be found here: EU rules aim for more transparency in targeted political ads US tech giants will have to provide more data on their targeted political ads or risk fines up to 4% of their global turnover under draft EU rules seen by journalists, part of the bloc's crackdown on misinformation during elections. The measure is the latest EU move to rein in the power of Google, Facebook and other social media giants, and force them to be more accountable and transparent. "The (EU's) internal market is not currently equipped to provide political advertising to a high standard of transparency to ensure a fair and open democratic process in all member states," the 39-page draft document said. The paper defines political advertising as the publication of a message by a political actor such as an individual or a European political party or alliance to influence the outcome of an election or referendum, a l...

The full version of the article, along with thousands like it, can be found here: Amazon seeks to pause antitrust review of 2019 deal with India’s Future Amazon.com Inc has asked India's Supreme Court to pause an expedited review of allegations that the US business concealed information while seeking antitrust clearance for a 2019 deal with India's Future Group, legal papers seen by journalists showed. The Competition Commission of India (CCI) in June accused Amazon of concealing facts and making false submissions when it sought approval for the $200 million investment into a Future unit in 2019, a deal that is now at the heart of protracted legal disputes between the two sides. Amazon told journalists at our partner news agency, Reuters at the time that it was confident of addressing the watchdog's concerns. The Supreme Court approach by Amazon comes as the CCI on Wednesday held a closed-door hearing where the US firm's lawyers declined to argue and explain their...

The full version of the article, along with thousands like it, can be found here: AT&T and Verizon agree to new precautions to address 5G air safety concerns AT&T and Verizon Communications on Wednesday agreed to adopt new precautionary measures to address air safety concerns raised from the planned use of C-Band spectrum for 5G wireless. The Federal Aviation Administration (FAA) and the aviation industry have raised concerns about potential interference caused by the 5G deployment with sensitive aircraft electronics like radio altimeters. AT&T and Verizon said they had committed for six months to take "additional steps to minimize energy coming from 5G base stations – both nationwide and to an even greater degree around public airports and heliports," and said that should address altimeter concerns. Earlier this month, AT&T and Verizon agreed to delay commercial launch of C-band wireless service until January the 5th after the FAA issued a November th...

The full version of the article, along with thousands like it, can be found here: France orders websites to remove online marketplace Wish France has ordered search engines and online platforms to strip Wish from their listings over concerns about product safety and the US e-commerce marketplace said it was taking legal action to challenge the move. The French government, which has been investigating a number of online operators, said in a statement that its consumer watchdog had found a large proportion of products it examined on the Wish site to be dangerous. The government said Wish, which is operated by ContextLogic Inc based in San Francisco, had failed to recall them in a satisfactory manner and clearly inform consumers about the risks of some products sold through its platform. "We are starting legal action to challenge what we consider an illegal and disproportionate act," Wish said in a statement. Wish said it had always met demands from France's General ...

The full version of the article, along with thousands like it, can be found here: Regulator: US banks must seek regulatory permission before engaging in certain crypto activities US banks must seek and obtain written permission from their bank supervisors before engaging in certain activities involving cryptocurrency, a major regulator has said. The Office of the Comptroller of the Currency said banks must be able to demonstrate they have appropriate risk management tools before taking on activities like providing custody services for customers' crypto holdings. “Because many of these technologies and products present novel risks, banks must be able to demonstrate that they have appropriate risk management systems and controls in place to conduct them safely," said acting Comptroller Michael Hsu in a statement. The new stance from the regulator places a higher bar on banks considering some crypto activities, after the agency under former President Trump cleared the way f...