Possible $5B Facebook fine echoes European tech penalties

The possibility of a $5 billion federal privacy fine for Facebook suggests that U.S. regulators may be taking a cue from the large penalties their European counterparts have been handing out to U.S. technology giants.

UK proposes banning social media 'likes' for children

Britain's privacy regulator wants to stop kids from being able to "like" posts on Facebook and other social media sites as part of tough new rules it's proposing to protect children's online privacy.

Talks on tech taxes 'productive': Mnuchin

The United States and economic partners held "productive" talks this week on the taxation of major tech giants, US Treasury Secretary Steven Mnuchin said Saturday.

Democrats want feds to target the 'black box' of AI bias

Congress is starting to show interest in prying open the "black box" of tech companies' artificial intelligence with oversight that parallels how the federal government checks under car hoods and audits banks.

Facebook beefs up political ad rules ahead of EU election

Facebook said Friday it is further tightening requirements for European Union political advertising, in its latest efforts to prevent foreign interference and increase transparency ahead of the bloc's parliamentary elections.

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