Friday, February 5, 2021

Robinhood has stopped limiting GameStop shares

Robinhood has stopped limiting GameStop shares
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Senate Democrats unveiled a new bill Friday that could force tech giants like Facebook as well as Google to be captivated over-and-above constrained for harmful content that leads to real-world violence.

The SAFE TECH Act, introduced by Sens. Mark Warner (D-VA), Amy Klobuchar (D-MN), as well as Mazie Hirono (D-HI), would trammels Sector 230 to the Communications Righteousness Act, a law that protects large tech platforms from liability over the content warn by their users. The Democrats' beak would open new pathways for users to sue companies if content warn on their platforms threatens them pigeonholed with harassment, discrimination, or over-and-above forms of abuse.

The beak conjointly prohibits Sector 230 from applying to ads or over-and-above paid content on platforms, targeting a large antecedent of acquirement for companies like Facebook as well as Google.

"When Sector 230 was jural in 1996, the Internet looked actual manifold than it does today. A law meant to hearten service providers to develop utensils as well as policies to support effective moderation has instead conferred across-the-board immunity on online providers tantamount back they do nothing to birdcage foreseeable, open as well as repeated misuse of their wares as well as casework to checklist harm," Warner said in a statement Friday.

The SAFE TECH Act is the Democrats' first big content moderation beak post-obit aftermost month's death-dealing coll on the Capitol. Shortly afterwards the riot, tech platforms from Warble to Parler were targeted for their induct roles in the welsh that transpired in Washington. Parler, the right's aforetime favored determining speech platform, was forced offline for weeks afterwards web hosts like AWS pulled their services to the site, alleging that posts on the rostrum encouraged violence.

Following the Capitol riots, menagerie looked to Sector 230 as a agency of balloting misinformation as well as harmful content that may have led rioters to storm the Capitol. Days after, House Powerless Committee Chair Carolyn Maloney (D-NY) called on the FBI to open an investigation into Parler for its perceived role in the attack. Over-and-above House Democrats, like Rep. Anna Eshoo (D-CA), signed onto litterateur to the CEOs of Facebook, Twitter, as well as YouTube calling on them to audit their algorithms as well as make changes that could limit virality on harmful content.

With Democrats now in occupancy of Congress as well as the presidency, primogenitor negotiations on Sector 230 have been flipped on their heads. Editing the law was first championed by Republicans who sought to punishment tech companies over the lawmakers' groundless claims that the platforms were falsified conversely conservatives. Now, Democrats are moving to unloose 230 in a way that punishes platforms for juggling as well as harmful content.

"We need to be asking over-and-above from big tech companies, not less. How they steps has a real-life outcome on the shamelessness as well as duteous rights of Americans as well as people essentially the world, as well as our democracy. Immersion these platforms constrained for ads as well as content that can lionization to real-world impiousness is critical, as well as this legislation will do just that," Klobuchar said in a statement Friday.

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