Russia’s attack on Ukraine has focused attention on its attempts to censor Big Tech, but the nation’s most onerous recent move to control speech came last July, when President Vladimir Putin signed a law requiring foreign tech companies with more than 500,000 monthly visitors from within the Russian Federation to establish a physical presence within the country that would be held responsible for violations of local law. Russian authorities have warned companies including Meta, Apple, Google, TikTok and Twitter that they had until the end of February to comply with what has become known as “the landing law.” Continue reading Big Tech in Spotlight as Russia Censors News of Ukraine War

TikTok is pivoting to longer videos. The social platform that became the fastest-growing ever on the strength of short-form videos and had competitors scrambling in its wake to copy the format, is now allowing users to post videos of up to 10 minutes. Launched by China’s ByteDance in September 2016, TikTok was initially formatted for videos of 15-seconds or less. In 2018, when it merged with Chinese lip-sync service Musical.ly, it permitted videos of 1 minute, and then bumped up to three-minutes last summer. By September 2021 TikTok announced it had hit one billion users worldwide in only five years. Continue reading TikTok Shakes-Up Its Content Format with 10-Minute Videos

Clearview AI is positioning itself for a major expansion that is already generating major controversy. At a December financial presentation, the New York-based firm reportedly predicted it will have 100 billion facial images in its database by the end of 2022 — or about 14 photos for each of the earth’s 7 billion people. And there is said to have been talk of surveilling gig economy workers, identifying people based on how they walk and remotely scanning fingerprints. While the company’s 34-year-old founder and chief exec Hoan Ton-That is careful to present the firm as a crime-fighting tool, its broader implications are chilling. Continue reading Clearview AI Courts Investors While Facing Privacy Pushback

On the heels of its first Congressional hearing for product safety, TikTok has announced policy changes aimed at making the short-form video social platform safer and more secure, particularly for minors, LGBTQ and minority users. In October, TikTok vice president and head of public policy Michael Beckerman testified along with executives from Snapchat and YouTube, addressing questions from U.S. senators as to the social media site’s impact on teen eating disorders and fallout from dangerous hoaxes. The policy updates address those concerns and institute new cybersecurity measures intended to protect user data from unauthorized access. Continue reading TikTok Updates Safety for Minors, Expands Security Features

Nvidia has scrapped plans to buy Arm from Softbank Group due to “significant regulatory challenges preventing the consummation of the transaction,” according to a joint statement that indicates Arm will proceed with plans for an IPO. In what is being positioned as a coincidence of timing, Arm says Simon Segars has resigned as CEO with Rene Haas, formerly president, stepping into the role. After being announced in September 2020, the $40 billion deal faced opposition from both the European Commission and the Federal Trade Commission, which in December sued to block the sale. Continue reading Nvidia Calls Off $40 Billion Acquisition of Arm from Softbank

Meta and Snap both appear to have re-focused their social media strategies on video, leading to speculation they’re chasing TikTok, famously the U.S.’s “most downloaded app of 2021,” which at 94 million handily topped the 64 million of the second most popular, Meta’s Instagram. Meta CEO Mark Zuckerberg told analysts last week that even though Instagram’s Reels is the company’s most rapidly growing format, “we also have a competitor that is compounding at a pretty quick rate, too.” ByteDance’s TikTok, Zuckerberg said, “continues to grow at quite a fast rate off of a very large base.” Continue reading Video Emerges as Killer Social App, Everyone Chasing TikTok

The European Commission is seeking a more prominent seat at the regulatory table in the hall where global technology standards are being crafted. Experts periodically confer, beyond public view, to establish rules for emerging technology, and the norms for everything from connectivity to artificial intelligence. Now, EU commissioners are concerned they’ll wind up sidelined as a market-dominant U.S. and emboldened China white-knuckle their way to the lectern when groups like the International Organization for Standardization and the UN’s International Telecommunication Union dictate how technology is to be deployed across the globe. Continue reading EU Asserts Itself on Standards, Takes Position on Ad Consent

The Commerce Department is taking steps to shore-up federal rules against potential security risks from foreign-owned social platforms like ByteDance’s TikTok, expanding federal oversight to include apps that might be used by “foreign adversaries to steal or otherwise obtain data,” a recent filing in the Federal Register stipulates. The proposed rule allows the commerce secretary to designate certain foreign apps as security risks and force software connected to the Internet to submit to third-party auditing. Such audits could include monitoring logs that show user data as well as the parsing of source code. Continue reading Biden Administration Intends to Contain TikTok Security Risk

Apple, the world’s most highly valued public company, hit an all-time quarterly revenue record of $123.9 billion for Q4, an 11 percent increase year-over-year. The company also saw profits up 20 percent to $34.6 billion for the quarter despite the supply chain issues that plagued the industry. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important,” Apple CEO Tim Cook said in the company’s earnings release, attributing the robust performance to “our most innovative lineup of products and services ever.” Continue reading Apple Has a Record $123.9 Billion Quarter Despite Chip Crisis

Intel is building a new $20 billion chip foundry in Ohio, where CEO Patrick Gelsinger says the company envisions investing more than $100 billion over the next decade to create a complex of up to eight plants. The move is part of a U.S. effort to increase domestic production of computer chips, alleviating supply chain shortages and reducing reliance on foreign suppliers. The new build, located near Columbus, is an economic boon for Ohio, creating 7,000 construction jobs and eventually employment for about 3,000 people in two flagship factories, and potentially many more jobs through the satellite suppliers nearby. Continue reading Intel Announces Plans for New $20 Billion Chip Plant in Ohio

TikTok is testing the waters with a paid subscription mode for creators, joining Facebook, Clubhouse and others. Although TikTok remains tight-lipped about the experiment, it seems designed to keep TikTok influencers on the ByteDance platform rather than leaving for more lucrative pastures. Last week, Instagram announced a test allowing creators to charge from 99 cents to $99 per month for exclusive content, while Twitter in September debuted Super Follows, with rates of $2.99 to $9.99 per month. A creator with 13,000 followers that gets a 2 percent take rate at $4.99 per month can make $900 a month. YouTube and Snapchat also offer monetization options. Continue reading TikTok Experiments with Paid Subscriptions, Tweaks Stories

Taiwan Semiconductor Manufacturing Company (TSMC) says it will increase production capacity by up to 47 percent for 2022 as demand continues to surge amid a global chip shortage. To support the increase and technology upgrades, the world’s largest contract chipmaker plans to set a company record for capital expenditure in 2022, with spending at $40-44 billion (compared to $30 billion in 2021). Speaking at an investor conference, company CFO Wendell Huang said about 70-80 percent of the 2022 capex will fund development of advanced 2nm, 3nm, 5nm and 7nm processors as TSMC fights to maintain its dominant market share while rivals step up. Continue reading TSMC Earmarks Up to $44 Billion in Competitive Chip Sector

Startups enjoyed record venture capital funding last year, raising $621 billion globally and seeding several new tech hubs around the world, although Silicon Valley remains ground zero, according to research firm CB Insights. The U.S. accounted for roughly half of the funding raised globally, with stateside startups raising roughly $311 billion. Bootstrappers in Silicon Valley and New York retained the leading positions in terms of most money raised and number of deals completed, says CBI. Early-stage funding accounted for 63 percent of Philadelphia’s startup deals. Los Angeles and Dallas also grew early stage numbers, to 62 and 55 percent respectively. Continue reading Global Startups Raised $621 Billion in 2021, Breaking Record

During a panel at CES 2022, CTA specialist in government affairs Quentin Scholtz queried panelists from government and technology on their priorities and plans for stepping up effective enforcement against cyberattacks, especially those originating from nation states. Jamie Susskind, tech policy advisor for Senator Marsha Blackburn (R-Tennessee); former U.S. representative Will Hurd (R-Texas); and Samsung Electronics senior manager and counsel of public policy Eric Tamarkin offered complementary priorities on how to act in 2022 and going forward. Continue reading CES: Government, Tech Firms Partner to Curtail Cyberattacks

China’s SZ DJI Technology, a leading global producer of unmanned aerial vehicles, has come under scrutiny as a national security threat. The Shenzhen-based company is suspected of turning unwitting Americans into surveillance operatives by harvesting data about U.S. infrastructure from their drones. Last week, the Biden administration imposed a U.S. investment ban against DJI and seven other companies for enabling China’s military-industrial complex. Although the Treasury Department says human rights violations are behind the ban, reports say the FCC wants DJI’s products completely removed from the U.S. market. Continue reading Chinese Drone Maker DJI Suspected of U.S. Data Harvesting