Tech

New laws to prevent selling of personal information

Published

2 years ago

April 8, 2024

Ahron Young

Two key lawmakers have reached a deal on bipartisan data privacy legislation that would restrict consumer data that technology companies can collect.

The new laws will give Americans the power to prevent selling of personal information or compel its deletion.

The agreement between Democratic Senator Maria Cantwell, who chairs the Commerce Committee, and Representative Cathy McMorris Rodgers, Republican chair of the House Energy and Commerce Committee, would give individuals control over use of their personal information and require disclosure if data has been transferred to foreign adversaries.

Crucially, the agreement would address two longstanding issues that have hindered negotiations for an extended period: whether federal legislation should supersede existing state laws and whether consumers should have the right to sue companies for violating privacy regulations.

The proposed bill would accomplish a key Republican objective by preempting more than a dozen “comprehensive” state privacy laws that have emerged due to the lack of action by Congress, including the significant California legislation.

However, it would still allow states to maintain their own regulations on specific matters such as health or financial data.

Additionally, it would introduce a mechanism favored by Democrats: the ability for individuals to file civil lawsuits seeking monetary compensation if companies fail to honor data deletion requests or obtain explicit consent before collecting sensitive information.

Senator Cantwell emphasized the necessity of establishing clear boundaries to hold accountable those who misuse data in the digital era.

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

2 days ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Tech

Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Published

5 days ago

January 27, 2026

Harvey Vargas

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy