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DOGE-Like Effort in FL Could Impact Insurance Industry The wave of housecleaning that’s swept through the federal government courtesy of Elon Musk's Department of Government Efficiency appears...
Judge Permanently Blocks OH Social Media Access Law A federal judge issued an injunction permanently blocking an Ohio law that requires parental consent for those under the age of 16 to have a social...
State Lawmakers Target PSAOs After targeting pharmacy benefit managers for years for contributing to the high cost of prescription drugs, state lawmakers have begun setting their sights on pharmacy services...
Two years ago, California enacted first-of-its-kind legislation allowing residents to demand that data brokers delete the personal information the brokers have collected about them. Known as the California...
MN Considering Taxing Social Media Apps Minnesota’s Senate Taxes Committee heard a bill ( SB 3197 ) last week that would make the state the first in the nation to tax social media apps. The measure...
The tech industry group NetChoice is suing to block California’s new Age-Appropriate Design Code Act (AB 2273), which is aimed at making the internet safer for kids. NetChoice, which includes Amazon, Google, Meta and Twitter, contends the law violates the First Amendment. The group has also sued Florida and Texas over laws passed in those states seeking to hold social media platforms accountable for removing posts on political grounds. (CNBC)
Last week scientists with the Department of Energy carried out a nuclear fusion reaction that generated more energy than was put in to initiate it for the very first time, duplicating the process that powers stars. But experts cautioned that numerous challenges still have to be overcome before nuclear fusion starts replacing fossil fuels, starting with determining whether scientists can even replicate what it took decades for them to accomplish just once. (NEW YORK TIMES, CNBC)
Sam Bankman-Fried, founder of failed cryptocurrency exchange FTX, was arrested by Bahamian authorities last week after being alerted of an impending indictment by the U.S. Attorney for the Southern District of New York. The arrest came the day before Bankman-Fried was scheduled to testify before Congress about the collapse of one of the world’s biggest crypto exchanges. (REUTERS, CNBC)
A bipartisan group of congressional lawmakers introduced legislation that would bar the use of the Chinese-owned TikTok social media platform in the United States. According to the text of The Averting the National Threat of Internet Surveillance, Oppressive Censorship, and Influence, and Algorithmic Learning by the Chinese Communist Party Act, or ANTI-SOCIAL CCP Act, it would apply to any social media company substantially controlled by a “country of concern,” including the People’s Republic of China, Cuba, Iran, North Korea, Russia and Venezuela. (HILL)
Yuga Labs Inc., creator of the popular Bored Ape Yacht Club NFT collection, and celebrity promoters of those NFTs, including Justin Bieber, Paris Hilton and Madonna, are the targets of a proposed class-action lawsuit claiming Yuga used the A-listers to misleadingly promote its products. The suit follows at least three others targeting celebrities, including Stephen Curry and Tom Brady, for promoting failed crypto exchange FTX. (BLOOMBERG)
-- Compiled by KOREY CLARK