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But in just a few weeks, her internet bills, and those of other Americans like her, could skyrocket by hundreds of dollars a year. The program is heavily used by Americans over age 50, military veterans and low-income working families nationwide, according to FCC data. Amira Karaoud/Reuters/FileRural and older usersThe ACP has quickly gained adoption since Congress created the program in the 2021 bipartisan infrastructure law. Large swaths of the ACP’s user base trend older; Americans over 65 account for almost 20% of the program. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service.
Persons: Cindy Westman, , I’ll, , Westman, , Westman —, Gigi Sohn, , Biden, Allison Bailey /, Cynthia George, George, ” George, Marc Veasey, They’re, Geoffrey Starks, “ It’s, ” Starks, Amira Karaoud, Walter Durham, I’m, ” Durham, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Kamesha Scott, Louis, Megan Janicki, ” Janicki, Reagan, Mike Johnson, Blair Levin, Johnson didn’t, Levin, Jonathan Blaine, ” Blaine, they’re Organizations: CNN, Program, Social, Federal Communications Commission, FCC, Capitol, Getty, MSN, White, ” Texas Democratic, , Comcast, ACP, Navy, American Library Association, Lifeline, Republicans, Republican, New, Research, ” Bills Locations: Eureka , Illinois, America, Dallas, Las Vegas, Kentucky, San Diego, United States, Maine, St, Vermont
Washington CNN —The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure, particularly from AI-powered attacks. The Department of Homeland Security said Friday that the panel it’s creating will include CEOs from some of the world’s largest companies and industries. The list includes Google chief executive Sundar Pichai, Microsoft chief executive Satya Nadella and OpenAI chief executive Sam Altman, but also the head of defense contractors such as Northrop Grumman and air carrier Delta Air Lines. It also includes federal, state and local government officials, as well as leading academics in AI such as Fei-Fei Li, co-director of Stanford University’s Human-centered Artificial Intelligence Institute. The US government already uses machine learning or artificial intelligence for more than 200 distinct purposes, such as monitoring volcano activity, tracking wildfires and identifying wildlife from satellite imagery.
Persons: Sundar Pichai, Satya Nadella, Sam Altman, Northrop Grumman, , Alejandro Mayorkas, Fei Li, Joe Biden Organizations: Washington CNN, Department of Homeland Security, Google, Microsoft, Delta Air Lines, DHS, , Amazon Web Services, IBM, Cisco, , Civil, Stanford, Intelligence, Safety, Security
Washington CNN —TikTok said Wednesday it would suspend a controversial program in the European Union that has prompted growing alarm among EU regulators. The program at issue appears within TikTok Lite, a less data-intensive version of TikTok’s main app, and which contains a feature that rewards users with cash for engaging with TikTok content and app features. “TikTok always seeks to engage constructively with the EU Commission and other regulators,” TikTok said in a post on X. “We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns that they have raised.”The EU warnings to TikTok reflected an exercise of new oversight powers granted by the Digital Services Act, the trading bloc’s recently enacted law governing online platforms. TikTok also faces further, additional fines of up to 6% of its global annual revenue if the TikTok Lite feature is determined to be in violation of the DSA.
Persons: Washington CNN — TikTok, TikTok, , “ TikTok, ” TikTok, Joe Biden Organizations: Washington CNN, European Union, European Commission, EU Commission, Digital Services, TikTok, Commission, DSA, Wednesday Locations: European, Europe, United States, Israel, Ukraine
Who could buy TikTok?
  + stars: | 2024-04-25 | by ( Brian Fung | ) edition.cnn.com   time to read: +6 min
Still, the company is under such close scrutiny that it would be a poor candidate to buy TikTok, experts say. If you were to tell me it’s Verizon, or AT&T, maybe it’s not as big of a problem.”Jasmine Enberg, principal analyst at Emarketer, highlighted a paradox: Only the largest, most dominant tech giants may have the resources to buy TikTok. Microsoft had been one of the handful of contenders to buy TikTok in 2020 when President Donald Trump first pushed for a sale. A former Trump Cabinet official enters the frayIn a move that caught many by surprise, former Trump Treasury Secretary Steven Mnuchin announced last month that he is putting together a team of investors to buy TikTok. As with Mnuchin, O’Leary has said a potential acquisition of TikTok may have to exclude TikTok’s algorithm.
Persons: Joe Biden, There’s, , Gene Kimmelman, Jasmine Enberg, ” Enberg, TikTok’s, Donald Trump, TikTok, Steven Mnuchin, Mnuchin, ” Oregon Democratic Sen, Ron Wyden, Trump, who’ve, Kevin O’Leary, O’Leary Organizations: CNN, Facebook, Google, Meta, Federal Trade Commission, FTC, Department, YouTube, Microsoft, Intel, Cisco, Verizon, Emarketer, Activision Blizzard, Walmart, Oracle, Project Texas, Texas, Trump Cabinet, Trump Treasury, Trump, ” Oregon Democratic, Washington Post, O’Leary Ventures Locations: United States, TikTok, ” Oregon
The net neutrality regulations adopted Thursday by the Federal Communications Commission prohibit providers such as AT&T, Comcast and Verizon from selectively speeding up, slowing down or blocking users’ internet traffic. And for the first time, the FCC said it would step in to override state or local policies that conflict with the federal net neutrality rule. “The Title II authority will ensure that broadband providers are properly overseen by the FCC like all telecommunications services should be. “These 400-plus pages of relentless regulation are proof positive that old orthodoxies die hard,” said Jonathan Spalter, CEO of USTelecom, a trade association representing internet providers. As a result, the outcome of a legal challenge to the FCC’s net neutrality rules could have potentially broad ramifications for other US regulatory bodies, not just the FCC.
Persons: Trump, Jessica Rosenworcel, Rosenworcel, ” Rosenworcel, , Justin Brookman, Biden, Jonathan Spalter, Brendan Carr Organizations: Washington CNN, Federal Communications Commission, Comcast, Verizon, Democratic, FCC, , Consumer, Trump, Republican, Communications Locations: unwound, Washington, America
Washington CNN —Congress finalized legislation on Tuesday that could lead to a nationwide TikTok ban, escalating a massive threat to the company’s US operations. What does the TikTok legislation do? The earlier TikTok bill had been passed by the House, but it stalled in the Senate. In a procedural move, House Republicans this month attached the revised TikTok bill to the foreign aid package in hopes of forcing the Senate to vote on the TikTok legislation. Bundling the bill with the foreign aid — a top US priority — fast-tracked the TikTok bill and made it more likely to pass.
Persons: Joe Biden’s, Biden, there’s, Will Biden, Jennifer Gay, Mariam Zuhaib, , TikTok, Shou Chew, , Nadine Farid Johnson, ByteDance Organizations: Washington CNN —, Republicans, Senate, White, U.S . Capitol, U.S, TikTok, Columbia University, Locations: Israel, Ukraine, United States, Washington, China
CNN —European officials are threatening TikTok with massive fines and a possible forced suspension this week of parts of a new spinoff app, launched this month, that regulators allege contains addictive features. The warnings target TikTok Lite, a less data-intensive version of TikTok’s main app which contains a feature that rewards users with cash for engaging with TikTok content and app features. EU officials fear the feature could be used to turn TikTok Lite users into addicts who can’t stop using the app and described it as an “experiment” on unwitting EU citizens in Spain and France where TikTok Lite has been made available. A decision to order the suspension could come as early as Thursday, commission officials told reporters on a conference call. TikTok could face further, additional fines of up to 6% of its global annual revenue if the TikTok Lite features the Commission is investigating are determined to be violations of the DSA.
Persons: , TikTok didn’t, TikTok, we’ve Organizations: CNN, European Union, EU, Digital Services, DSA, European Commission, Lite, Commission, TikTok Locations: Spain, France, European, United States, Israel, Ukraine, TikTok
Investors are fearful. They shouldn’t be
  + stars: | 2024-04-22 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
The economy has been extraordinarily resilient for the past few years — consistently proving the naysayers wrong, he says. For all of the market gloom last week, stocks are still near all-time highs, and this earnings season has been strong. Investors have been worrying about the Federal Reserve keeping rates higher for longer. I speak with many institutional investors, and I don’t see them folding in fear. Residual lubricant reduced the retention of the pad to the pedal,” the NHTSA wrote in the recall document.
Persons: , Philipp Carlsson, there’s, Carlsson, Szlezak, they’re, I’m, it’s, I’ve, we’re, TikTok, Brian Fung, Joe Biden, Tesla, Chris Isidore, Peter Valdes Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Boston Consulting, ByteDance, NHTSA Locations: New York, Europe, Ukraine, Israel, Washington
TikTok vows legal challenge to potential US app ban
  + stars: | 2024-04-22 | by ( Brian Fung | ) edition.cnn.com   time to read: +2 min
CNN —TikTok will file a court challenge if Congress passes legislation paving the way to a nationwide ban of the app, a top executive told employees in an internal memo obtained by CNN. He invited employees to an internal town hall scheduled for Wednesday “for additional context.”The memo was earlier reported by The Information. The legislation calls for forcing TikTok’s Chinese parent, ByteDance, to sell the app within 270 days — otherwise it would be illegal for US app stores to offer TikTok for downloads. The legislation also would allow Biden to extend that deadline by another 90 days if he determines there’s been progress toward a sale. Foreshadowing its legal strategy, TikTok has already publicly opposed the bill as an infringement on its users’ First Amendment rights.
Persons: CNN —, TikTok —, Michael Beckerman, Joe Biden, ” Beckerman, Mike Johnson, Biden, , Beckerman, didn’t, there’s, TikTok Organizations: CNN, , Republican, The
By attaching the TikTok bill to funding for Ukrainian military equipment and Israeli missile defense, House Republicans put the pressure on Senate lawmakers to consider the whole package in a single up-or-down vote. Policy analysts expect the Senate to take up the aid package quickly, giving it high odds of passage. And President Joe Biden has previously said he would sign the TikTok legislation if it reaches his desk. And in the days leading up to the House vote on Saturday, Senate Majority Leader Chuck Schumer emphasized the urgency of approving the foreign aid. On Saturday, Schumer said in remarks on the Senate floor that there is a tentative agreement for the chamber to take up the foreign aid package on Tuesday.
Persons: TikTok, Joe Biden, ” TikTok, , Chuck Schumer, Schumer, Paul Gallant, Cowen, Gallant, ” Gallant Organizations: Washington CNN, ByteDance, House Republicans, Cowen Inc Locations: Israel, Ukraine, Washington, U.S
What to know about the TikTok ban bill the House passed
  + stars: | 2024-04-20 | by ( Brian Fung | ) edition.cnn.com   time to read: +6 min
CNN —House lawmakers have once again passed legislation that could lead to a nationwide TikTok ban, renewing a massive threat to the company’s US operations. In March, House lawmakers approved a bill that would give TikTok roughly six months to sell. Another factor that’s shaking things up is how House Republicans inserted the TikTok bill into a much larger foreign aid package. Biden endorsed the prior version of the TikTok bill, which suggests he may quickly sign any foreign aid package that includes similar language targeting TikTok. In addition to complying with the legislation, TikTok could challenge it in court and has made no secret that it might do so.
Persons: TikTok, Joe Biden, there’s, who’ve, Washington Democratic Sen, Maria Cantwell, Paul Gallant, Cowen, Gallant, Joe Biden’s, Biden, , Shou Chew, , Nadine Farid Johnson, ByteDance Organizations: CNN —, White, Washington Democratic, Republicans, House, Senate, Inc, Columbia University, , TikTok Locations: United States, Ukraine, Israel, China
TikTok is in the hot seat once again in Washington
  + stars: | 2024-04-18 | by ( Brian Fung | ) edition.cnn.com   time to read: +4 min
An earlier version of the TikTok bill sailed through the House in March, but it has become bogged down in the Senate. Opponents, including TikTok and a range of civil society groups, have argued the bill risks violating TikTok users’ First Amendment rights. President Joe Biden has said he would sign the House TikTok bill if it reaches his desk. The latest version of the TikTok bill contains some updates. One key senator who was doubtful of the initial House TikTok bill appeared satisfied.
Persons: TikTok, Mike Johnson, Donald Trump, Joe Biden, there’s, , Johnson, , Washington Democratic Sen, Maria Cantwell, I’ve, Cantwell, Cathy McMorris Rodgers Organizations: CNN, Republicans, Senate, House Republicans, Washington Democratic, Oracle, Republican, Washington Rep Locations: Israel, Ukraine, China, India, Texas
The House voted Friday in a bipartisan manner to advance a key foreign aid package, a significant step in sending aid to Ukraine and Israel and setting up a final vote as soon as Saturday. The move is likely to further inflame conservatives who are against additional aid to Ukraine and have threatened Johnson’s job over the issue. The committee activity capped off another contentious day on Capitol Hill as the renewed push to send foreign aid to Ukraine has divided House Republicans. Three bills in the foreign aid package would provide aid for Ukraine, Israel and the Indo-Pacific region, with the latter intended to help deter Chinese aggression in the area. The three assistance bills are similar to the foreign aid legislation that passed the Senate in February.
Persons: Mike Johnson’s, Johnson, Thomas Massie, Marjorie Taylor, Greene, Republicans – Massie, Ralph Norman of, Chip Roy, Texas –, , , CNN’s Haley Talbot, Katie Lobosco, Tami Luhby, Brian Fung Organizations: Democratic, GOP, Republicans, CNN, Caucus Locations: Ukraine, Israel, Ralph Norman of South Carolina, Texas, Iran
Introduction to Business Credit Cards for Bad CreditA business credit card can be incredibly convenient for managing your business's financial transactions. Best Business Credit Cards for Bad CreditCapital One Spark 1% Classic† : Best overallBest overall Ramp Visa Corporate Card: Best for business toolsBest for business tools Bank of America Business Advantage Unlimited Cash Rewards Secured Business Credit Card : Best for building business creditBest for building business credit FNBO Business Edition® Secured Mastercard® Credit Card : Best for earning deposit interestBest for earning deposit interest Brex Card: Best for no personal guaranteeBad Credit Business Credit Card ReviewsIf you're considering a business credit card for bad credit, here's what you should know about the business cards that made our list. Bank of America Business Advantage Unlimited Cash Rewards Secured Business Credit CardBuilding your business credit is just as important as building your personal credit. Business Credit Cards for Bad Credit Frequently Asked QuestionsSearching for a small business credit card that addresses the needs of your business operations can be daunting. Why You Should Trust Us: How We Chose the Best Business Credit Cards for Bad CreditBusiness Insider's credit card team evaluated several factors to determine our list of best small business credit cards for bad credit.
Persons: we've, Slack, Chase, isn't, you'll, Bradstreet, cardholders Organizations: Business, Bank of America Business, Credit, Mastercard, Capital, American Express, Singapore Airlines, Emirates, Best, Bad Credit, Card, Bank of America, National Bank of Locations: Amex, National Bank of Omaha, Dun
The interpreter, a longtime friend of Ohtani’s named Ippei Mizuhara, allegedly stole vast sums of money from a bank account established in Ohtani’s name. Mizuhara had unique access to Ohtani’s bank account, authorities say, because it was he who helped Ohtani create it in the first place in 2018 — which put him in a privileged position to take advantage of his client. Password managers help you generate and keep track of complex, secure passwords that aren’t easily guessed or cracked. And many password managers are also transitioning to support passkeys. This is another area where password managers can come in handy.
Persons: Shohei, Ohtani’s, Ippei Mizuhara, Mizuhara, It’s Organizations: CNN, Apple, Google, Microsoft
Due to lack of funds, April will be the final month the ACP can provide full benefits, the FCC said Tuesday. Next month, ACP subscribers can expect to receive only 46% of their usual benefit, the FCC said. After that, program subscribers may have to pay hundreds of dollars more per year to stay online, or could potentially have to give up internet service entirely. Many ACP subscribers have told CNN that without help, they could have to choose between paying for internet and putting food on the table. CNN is reaching out to major internet providers for comment on the FCC’s call for those voluntary measures.
Persons: Biden, Mike Johnson, Chuck Schumer, Ohio Democratic Sen, Sherrod Brown, Kansas Republican Sen, Roger Marshall, Organizations: CNN, Federal Communications Commission, FCC, ACP, Ohio Democratic, Kansas Republican, Senate Locations: Congress
Consumer broadband labels will be required for internet providers starting on Wednesday — in many cases in both English and Spanish. Known as “consumer broadband labels,” the FCC-mandated disclosures must be offered at the point of sale both online and in stores — and in many cases, in both English and Spanish. In 2016, an FCC advisory committee first released a version of the disclosures that providers were not required to adopt. Then, under the 2021 bipartisan infrastructure law, the FCC moved to implement mandatory broadband disclosure labels and held a lengthy process to design and finalize them. Because providers will be required to prominently display the labels, FCC officials will be monitoring for evidence or consumer complaints about non-compliance, which could lead to agency investigations or fines.
Persons: ” Alejandro Roark, Roark, “ We’re, Organizations: CNN, Federal Communications Commission, White, Consumer, FCC, Biden, Comcast, Verizon, AT Locations:
Washington CNN —Two leading US lawmakers have reached a bipartisan deal that could, for the first time, grant all Americans a basic right to digital privacy and create a national law regulating how companies can collect, share and use Americans’ online data. But it could also override some of the toughest state-based privacy laws in the nation, such as in California. And it would guarantee Americans the right to request copies of their data, to correct it or even to have it deleted from a company’s records. The draft legislation breaks a yearslong deadlock between Republicans and Democrats over the scope of any national privacy bill. It would preempt more than a dozen state privacy laws already on the books in states such as California, Texas and Virginia.
Persons: hoover, Washington Sen, Maria Cantwell, Cathy McMorris Rodgers, , , Biden, we’ve, , McMorris Rodgers, Cantwell, Joe Biden’s Organizations: Washington CNN, General Data Protection, Republicans, Democratic, Senate, Committee, Washington Rep, Republican, House Energy, Commerce, Democrats Locations: United States, California, China, Russia, California , Texas, Virginia
“President [Joe] Biden has been calling on Congress to pass legislation that would extend the benefit through 2024. “But unfortunately, Republicans in Congress have failed to act.”Biden has called on Congress to approve $6 billion to continue the ACP. A bill introduced in January by a bipartisan group of lawmakers in the House and Senate would authorize $7 billion. That legislation has 216 co-sponsors in the House, including 21 Republicans, and three in the Senate, including two Republicans. Administration officials declined to say whether Biden or Vice President Kamala Harris have personally discussed the ACP with congressional Republicans.
Persons: Biden, Joe, , ” Biden, Mike Johnson, Blair Levin, ” Levin, Republican Sens, J.D, Vance of Ohio, Kevin Cramer of North, Spokespeople, Johnson, Chuck Schumer didn’t, Kamala Harris, Jessica Rosenworcel, ” Rosenworcel, Rosenworcel, Sen, Maria Cantwell Organizations: CNN, Republicans, Program, Federal Communications Commission, GOP, Democratic, Congress, Republican, New, Research, Administration, ACP, Commerce, Science, Transportation Locations: Kevin Cramer of North Dakota
Washington CNN —Microsoft will no longer sell its Teams collaboration software as a bundled product with its Office 365 suite anywhere in the world, the company said Monday, in the face of antitrust concerns. The decision to separate Teams from Office globally extends a previous announcement last year affecting only the European Union. And it comes after rivals such as Salesforce’s Slack complained in 2020 that Microsoft’s practices were a form of anticompetitive self-dealing. Slack’s complaint led to a European Commission antitrust investigation of Microsoft that is still ongoing. Monday’s announcement appears aimed at allaying some of those concerns, allowing customers worldwide to buy Microsoft’s Office software without Teams included and the ability to buy Teams as a standalone product for business customers.
Persons: Salesforce’s Slack Organizations: Washington CNN, Microsoft, European Union, Economic, European Locations: Switzerland
On Thursday, Vice President Kamala Harris announced a set of new, binding requirements for US agencies intended to prevent AI from being used in discriminatory ways. Under the requirements taking effect on Dec. 1, agencies using AI tools will have to verify they do not endanger the rights and safety of the American people. The new policy from the Office of Management and Budget (OMB) also directs federal agencies to designate a chief AI officer to oversee how each agency uses the technology. She said the Biden administration intends for the policies to serve as a global model. Still, the new OMB policy marks the latest step by the Biden administration to shape the AI industry.
Persons: That’s, Biden, Kamala Harris, ” Harris, Shalanda Young, , ” Young, Organizations: Washington CNN, Transportation, Administration, Management, Budget, , Department of Homeland Security, Commerce Department, White House, Government, Office, OMB Locations: European Union, United States
CNN —The Federal Trade Commission is investigating TikTok for its data and security practices, two sources told CNN on the condition of anonymity. The agency is also investigating whether TikTok violated a portion of the FTC Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce,” the sources said. The FTC could bring a suit against TikTok in the coming weeks, according to the sources. The FTC probe comes as TikTok faces an existential threat in the US. The short-form video company, owned by Chinese firm ByteDance, has denied assertions that its app poses a national security threat to US citizens.
Persons: TikTok, Public Affairs Douglas Farrar, , ” TikTok, Joe Biden Organizations: CNN, Federal Trade Commission, FTC, TikTok, Politico, Public Affairs, Senate Locations: China
CNN —A federal judge’s decision this week reprimanding Elon Musk’s X will have reverberating effects on efforts to hold influential online platforms accountable, legal experts and advocacy groups say. Breyer held that the reports were “unquestionably” protected by the group’s free speech rights. Now, that decision could embolden other research groups and Musk critics who have faced legal threats from the billionaire. Researchers face hurdles to studying on-platform behaviorResearchers from non-profits and academic institutions have had a harder time studying X since Musk’s takeover in 2022. But one of Musk’s first changes at X was to put access to platform data behind a steep paywall.
Persons: reprimanding Elon Musk’s, Charles Breyer, Breyer, CCDH, X, Northern District of California —, Musk, White, Elon, , Alex Abdo, ” Abdo, Angelo Carusone, Carusone, Andrew Bailey, , ” Carusone, David Karpf, ” Karpf, Nora Benavidez, Benavidez Organizations: CNN, Center, Court, Northern, Northern District of, Columbia University, “ Society, Twitter, Anti, Defamation League, Microsoft, Meta, Media, AGs, School of Media, Public Affairs, George Washington University, ” Free Press, Free Press Locations: Northern District, Northern District of California, Texas, Missouri
CNN —A federal judge on Monday threw out a lawsuit by Elon Musk’s X that had targeted a watchdog group for its critical reports about hate speech on the social media platform. In a blistering 52-page order, the judge blasted X’s case as plainly punitive rather than about protecting the platform’s security and legal rights. X has blamed CCDH’s reports, which showcase the prevalence of hate speech on the platform, for amplifying brand safety concerns and driving advertisers away from the site. In the suit, X claimed that it had suffered tens of millions of dollars in damages from CCDH’s publications. “If CCDH’s publications were defamatory, that would be one thing, but X Corp. has carefully avoided saying that they are,” Breyer wrote.
Persons: Elon Musk’s, , Charles Breyer, ” Breyer, X, CCDH’s, Musk, Alex Jones, Breyer, , CCDH, X’s, Imran Ahmed, @CCDHate, @ElonMusk’s @X, ” Ahmed, Ahmed, “ X Organizations: CNN, Court, Northern, Northern District of, Twitter, X Corp, Center Locations: Northern District, Northern District of California, Newtown , Connecticut, California, San Francisco
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC. That bid could go up to $900 million pending due diligence, the person said. Neumann, his family office Nazare, and his Andreessen Horowitz-backed real estate venture Flow filed a notice of appearance in WeWork's bankruptcy docket on Monday. Flow did not respond to CNBC's request for comment regarding the $900 million potential bid. Neumann's bid, which was first reported by the Wall Street Journal, may complexify WeWork's bankruptcy proceedings.
Persons: Adam Neumann of WeWork, Victor Fung Kwok, Adam Neumann, Dan, Neumann, Andreessen Horowitz, , WeWork, we've, it's, lessors Organizations: Fung Group, CNBC, Board, Wall Street Locations: Shanghai, China
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