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☆ Top Spanish VC firm Seaya just closed a $320 million fund. Here are the types of growth-stage climate startups it's looking to back.
▼ + stars: | 2024-07-02 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +1 min

Seaya's new $320 million fund makes it the largest VC firm in Spain, managing €650 million. The Seaya Andromeda fund will back startups across four key sub-sectors. Founder Beatriz González told Business Insider what Seaya is looking for in startups and founders. Launched in 2013 by former private equity veteran Beatriz González, Seaya is among a handful of female-founded European venture capital firms. This story is available exclusively to Business Insider subscribers.

Persons: Beatriz González, — Organizations: Service, Business Locations: Spain, Madrid, Seaya

Circuit Court of Appeals relied on another law, called Section 230 of the Communications Decency Act of 1996, that protects internet companies from liability for content posted by their users. This case marks the first time the Supreme Court will examine the scope of Section 230. Many websites and social media companies use similar technology to give users relevant content such as job listings, search engine results, songs and movies. Legal experts note that companies could employ other legal defenses if Section 230 protections are eroded. Many conservatives have said voices on the right are censored by social media companies under the guise of content moderation.

☆ Supreme Court to hear oral arguments in Google case with potential to upend the internet
▼ + stars: | 2023-02-21 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

CNN —The Supreme Court on Tuesday is set to hear oral arguments in the first of two cases this week with the potential to reshape how online platforms handle speech and content moderation. The oral arguments on Tuesday are for a case known as Gonzalez v. Google, which zeroes in on whether the tech giant can be sued because of its subsidiary YouTube’s algorithmic promotion of terrorist videos on its platform. The allegation seeks to carve out content recommendations so that they do not receive protections under Section 230, a federal law that has for decades largely protected websites from lawsuits over user-generated content. If successful, it could expose tech platforms to an array of new lawsuits and may reshape how social media companies run their services. On Wednesday, the Court will hear arguments in a second case, Twitter v. Taamneh.

The Supreme Court for the first time in this case is scrutinizing the scope of a much-debated 1996 federal law called Section 230 of the Communications Decency Act, which protects internet companies from liability for content posted by their users. "These are not like the nine greatest experts on the internet," liberal Justice Elena Kagan said of the court's members, eliciting laughter in the courtroom. Kagan and conservative colleague Justice Brett Kavanaugh both suggested Congress might be better suited to adjust legal protections for internet companies if warranted. Conservative Chief Justice John Roberts questioned whether Section 230 should apply given that recommendations are provided by YouTube itself. President Joe Biden's administration urged the Supreme Court to revive the lawsuit by Nohemi Gonzalez's family.

The lawsuit argued that YouTube's actions provided "material support" to Islamic State. Critics including Democratic President Joe Biden and his Republican predecessor Donald Trump have said Section 230 needs reform in light of the actions of social media companies in the decades since its enactment. Nitsana Darshan-Leitner, a lawyer representing the Gonzalez family, said social media companies, through automated and human means, can prevent militant groups from using their services. "There should be zero tolerance for terrorism on social media. Terror organizations are using social media as a tool that they never had before - and cannot do without."

Section 230 of the Communications Decency Act of 1996 frees platforms from legal responsibility for content posted online by their users. In a major case to be argued at the U.S. Supreme Court on Tuesday, the nine justices will address the scope of Section 230 for the first time. A ruling against the company could create a "litigation minefield," Google told the justices in a brief. Some have targeted the way platforms monetize content, place advertisements or moderate content by removing or not removing certain material. A California appeals court dismissed the lawsuit, citing Section 230, because it sought to hold Twitter liable for content Murphy created.

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