July 26, 2024

Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden’s administration.
For many, school can be a fairly plain experience – but not for those of Bryggeriet Gymnasium, a High School in Malmo that specialises in skateboarding. With their own indoor skatepark and classroom visits from Tony Hawk, it’s a truly incredible story of how a historic Scandinavian city has embraced the modern world of skateboarding.
Cheap-Clone ETFs Are Sucking Billions Away From Bigger Siblings
Shapps Urges RMT to Put 8% Pay Offer to Rail Workers Amid Strike Chaos
Social Media Buzz: Texas Weather Warning, Linda Evangelista
Mexico Considers Incentives to Attract Semiconductor Investment
UK Equips Nurses with Smart Goggles to See More Patients
Military Families’ Housing Benefits Lag as Rents Explode
EU Favors Only Limited Tweaks to Recovery Plans, Gentiloni Says
BlackRock Warns SEC’s Plans on ESG Disclosures Will Backfire
Buffett’s Berkshire Hathaway Seeks to Buy as Much as 50% of Occidental
Q&A: Bardem Is Excited for US Arrival of ‘The Good Boss’
France Pays Homage to Beloved New Yorker Cartoonist Sempé
What Happened When Minneapolis Ended Single-Family Zoning
FBI’s Mar-A-Lago Search Raises a Big Question: Why?
Can ‘House of the Dragon’ Ignite a Big Media Merger?
Richest Silicon Valley Suburb Says Build Anywhere But Here
Neobanks Are Struggling to Make Good on Their Lofty Promises
Stories of Climate Adaptation From a Simmering Subcontinent
They Pledged Not to Prosecute Abortions. The Reality Is Tougher
Foot Locker Comeback Hangs on Woman Who Rewrote Beauty Playbook
Kobe Bryant’s Widow Says She’d Go Through Hell to Get Justice
Hawaii Seeks End to Strife Over Astronomy on Sacred Mountain
Chinese Farmers Struggle as Scorching Drought Wilts Crops
Electric Scooter Revolution Faces a Reckoning in Stockholm
San Francisco Bets on Swanky Sho Club to Lure Workers Back to Office
New York MTA Seeks First Rider Ban for the Assault of a Subway Worker
Ethereum Overhaul Risks Creating a New Class of Crypto Kingpins
FTX US, Four Others Ordered to Correct FDIC Insurance Claims
Tether’s Second Quarter Lays Bare Impact of Terra Collapse
A remarkable series of changes across YouTube, Instagram and TikTok were sparked by Beeban Kidron’s ‘children’s code.’ And she’s not finished. 
Baroness Beeban Kidron
Source: 5Rights Foundation

Internet companies have for years been a source of embarrassment for regulators. Government-appointed agencies tasked with keeping digital markets equitable have, mostly, let tech giants acquire whatever they want — data, rivals, promising startups — to grow into digital monoliths. That laissez faire approach is starting to change. In 2022 the British government will be one of the first in the world to force companies to cut back on the spread of harmful content or face big fines. The Federal Trade Commission, newly led by Lina Khan, has warned it could unwind mergers. The U.K. did just that in November with the purchase of Giphy by Meta Platforms Inc. (formerly known as Facebook), a first for Big Tech.
There’s a spark giving fresh momentum to all this action. It came in September 2021 when a statutory code of practice called the Age Appropriate Design Code came into force in the U.K. It imposed 15 standards on all internet companies to make their services safer for children. Spearheaded by Beeban Kidron, a former filmmaker and a member of the U.K. Parliament’s House of Lords, it has quickly become one of the most impactful pieces of legislation ever to target technology firms.

source

About Author