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Executive Order Looms For Social Media Firms On Content? 

PYMNTS

The summary, according to the site, would direct the FCC to develop new regulations that would detail how the law may protect social media platforms as they move to take content off their sites – and to take those new regulations into account when investigating or filing suit against those firms. In the UK, Too.

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Oracle And Walmart Could Pay $12B For TikTok Stake Under Deal Trump Endorses

PYMNTS

Chinese tech giant ByteDance reportedly wants Oracle and Walmart to pay $12 billion for a combined 20 percent stake in its social media giant TikTok — a plan President Donald Trump said will allow TikTok to avoid a threatened U.S. operations over alleged national security grounds. shutdown. “I If they get it done, that’s great.

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Digital Privacy, Security Issues Take Spotlight At Congressional Hearings

PYMNTS

The move comes amid increasing global focus on matters related to online privacy and data security — and as the idea of regulating social media is gaining currency. And social media platforms have an obvious interest in playing nice with lawmakers, given the regulatory threats that hover over their business models.

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SEC Halts Texas Financial Firm’s ‘Illegal’ ICO

PYMNTS

In an effort to stop an “illegal offering of securities,” the U.S. Securities and Exchange Commission (SEC) has filed a complaint against a Dallas-based financial firm seeking to launch what might be the largest initial coin offering (ICO) in history. must comply with federal securities laws.

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Is $1,000 Enough To Leave Facebook for a Year? (And Does it Even Matter?)

PYMNTS

You can be sure that one area of regression involves social media. New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon.

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Human smuggling: New FinCEN alert puts financial institutions on guard

Abrigo

Although migrants knowingly engage with smugglers wittingly, they can become victims of this crime, as evidenced by the San Antonio, Texas discovery in June 2022 of 53 migrants—including children—who died in a tractor-trailer as they attempted to enter the United States illegally. border resulting from human smuggling. million in 2021.

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How Collectives Aim To Make Cities Into Blockchain Centers

PYMNTS

A group called the Austin Blockchain Collective , for instance, is looking to establish the Texas city as a hub for blockchain innovation. The University of Texas also has approximately 50,000 students (graduate and undergraduate) in Austin, and it teaches blockchain at both the undergraduate and graduate levels.