Central bank digital currencies (CBDCs) pose a foundational threat to America’s economic systems with absolutely no upsides, according to a recent analysis from the Cato Institute, which stressed that a U.S. CBDC will threaten citizens’ “core freedoms” from financial privacy to personal liberty. Even though there are no valid reasons for the U.S. government to…
Central Bank Digital Currencies a Foundational Threat to America’s Economic Systems: Analysis
April 5, 2023
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Business & MarketsCentral Bankdigital currencyeconomic policieseconomyPolicies & ImpactsTechTech NewsUS
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Central Bank Digital Currencies a Foundational Threat to America’s Economic Systems: Think Tank
April 5, 2023
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Business & MarketsCentral Bankdigital currencyeconomic policieseconomyPolicies & ImpactsTechTech NewsUS
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Central bank digital currencies (CBDCs) pose a foundational threat to America’s economic systems with absolutely no upsides, according to a recent analysis from the Cato Institute, which stressed that a U.S. CBDC will threaten citizens’ “core freedoms” from financial privacy to personal liberty. Even though there are no valid reasons for the U.S. government to…
GM Passes Ford to Take No. 2 Spot in EV Sales Behind Tesla
DETROIT—General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race. But GM’s EV sales of 20,670 were still far below those of industry leader Tesla, which delivered more than 161,000 vehicles in the United States from January to March,…
More Dangerous: Humans or AI?
April 5, 2023
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artificial intelligenceAustraliaBusiness & MarketsChatGPTCompaniesInternationalMedia & Big TechOpenAIOpinionTechTech NewsViewpointsWorld
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Commentary I was on an Australian TV program last week when the host, a respected and long-serving figure of the conservative media, decided to allow ChatGPT (an AI text generator) to draft the next segment about itself. As he was reading the AI-generated script from the prompter, it sounded perfectly reasonable—albeit hollow and devoid of…
Google Workers in London Stage Walkout Over Job Cuts
LONDON—Hundreds of Google employees staged a walkout at the company’s London offices on Tuesday, following a dispute over layoffs. In January, Google’s parent company Alphabet announced it was laying off 12,000 employees worldwide, equivalent to 6 percent of its global workforce. The move came amid a wave of job cuts across corporate America, particularly in…
Update Windows Now to Avoid Potentially Exposing Account Details
Microsoft has released an emergency security update for Windows 10 and Windows 11, according to a new security alert, as some experts urged users to update their devices as soon as possible. The Redmond, Washington-based tech giant said a security flaw had been found in the Windows 10 and 11 Snipping Tool application, sometimes known…
TikTok Fined $15.9 Million in the UK
A British data watchdog imposed a fine of £12.7 million ($15.9 million) on the video-sharing application TikTok on Tuesday over an alleged breach of data protection law. The accusation was, among others, that TikTok processed the data of children under the age of 13 without their parents’ consent. UK data-protection law says that organizations that use…
TikTok Banned on Australian Government Devices
April 3, 2023
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The Australian government has banned the social media app Tiktok from all government devices following a security review by Home Affairs Minister Claire O’Neil amid ongoing international concern. The ban, which was announced on April 4 by Australia’s Attorney General Mark Dreyfus, will prohibit any government-issued devices used by politicians and public servants from installing…
Twitter Strips New York Times’ Verified Check Mark From Main Account
April 3, 2023
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Big Tech, Censorship, and SocialismElon Musk TwitterFeatured TopicsNew York TimesSocial IssuesSocial MediaTechTwitterTwitter accountTwitter BlueUSUS NewsWashington Post
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Twitter has pulled the verification check mark on the main account of The New York Times after the newspaper said it would not pay a monthly subscription, as the social networking service began to remove legacy check marks for all users on the platform. Late last month, the Elon Musk-owned company announced a deadline as…
Alabama School Districts File Lawsuits Against Social Media Platforms Over Youth Mental Health Crisis
April 2, 2023
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Three Alabama school districts have filed lawsuits against the major social media platforms alleging them to have created a mental health crisis among children. “The harm created by social media companies has strained already limited school resources as educators attempt to combat the widespread problems caused by social media addiction,” said Joseph VanZandt, co-lead counsel…
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