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Biden says Republicans, Democrats should unite against Big Tech 'abuses' -WSJ

Thursday, January 12, 2023
Biden says Republicans, Democrats should unite against Big Tech 'abuses' -WSJ © Reuters. U.S. President Joe Biden walks before boarding the Marine One helicopter to travel to Walter Reed National Military Medical Center for the first lady Jill Biden to undergo Mohs surgery for skin cancer, from the White House in Washington, U.S., January 11,
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(Reuters) -U.S. President Joe Biden said in an opinion piece in the Wall Street Journal that Democrats and Republicans need to come together to pass strong bipartisan legislation in order to hold major tech companies accountable.

Most importantly, Biden said he wanted to see "serious federal protections for Americans' privacy," including putting limits on how much data like location, biometrics and health information can be collected. He also highlighted the specific risk to children.

"We must hold social-media companies accountable for the experiment they are running on our children for profit," he wrote, citing young people's struggles with bullying, violence, trauma and mental health.

He also urged a reform of Section 230 of the Communications Decency Act to force tech companies to "take responsibility for the content they spread and the algorithms they use."

Both Republicans and Democrats have spent much of the past several years probing different aspects of the tech sector, largely agreeing that there are problems with the power of Alphabet (NASDAQ:GOOGL)'s Google, Meta's Facebook (NASDAQ:META) and others while largely disagreeing on how to address those problems.

In a statement following the release of the opinion piece, Democratic Senator Amy Klobuchar said she would continue to push for passage of bipartisan legislation she sponsored to bar the companies from favoring their own businesses in search results, among other measures.

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31-03-2023 10:41:31 (UTC+7)

EUR/USD

1.0901

0.0000 (0.00%)

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EUR/USD

1.0901

0.0000 (0.00%)

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GBP/USD

1.2391

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USD/JPY

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AUD/USD

0.6716

+0.0009 (+0.14%)

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USD/CAD

1.3526

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EUR/JPY

144.90

+0.29 (+0.20%)

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57.78

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    EUR/USD 1.0901 ↑ Sell  
    GBP/USD 1.2391 ↑ Sell  
    USD/JPY 132.91 Neutral  
    AUD/USD 0.6716 Neutral  
    USD/CAD 1.3526 ↑ Buy  
    EUR/JPY 144.90 ↑ Sell  
    EUR/CHF 0.9963 ↑ Sell  
    Gold 1,998.55 ↑ Sell  
    Silver 24.043 ↑ Sell  
    Copper 4.0880 ↑ Sell  
    Crude Oil WTI 74.34 ↑ Buy  
    Brent Oil 78.45 Neutral  
    Natural Gas 2.100 ↑ Buy  
    US Coffee C 170.15 Sell  
    Euro Stoxx 50 4,285.42 ↑ Sell  
    S&P 500 4,050.83 ↑ Buy  
    DAX 15,522.40 ↑ Sell  
    FTSE 100 7,620.43 ↑ Sell  
    Hang Seng 20,507.00 ↑ Sell  
    Small Cap 2000 1,768.38 ↑ Sell  
    IBEX 35 9,207.10 ↑ Sell  
    BASF 47.900 ↑ Buy  
    Bayer 57.78 ↑ Buy  
    Allianz 211.80 ↑ Buy  
    Adidas 155.00 Sell  
    Lufthansa 9.950 Neutral  
    Siemens AG 148.52 ↑ Buy  
    Deutsche Bank AG 9.289 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,645/ 6,685
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