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  4. Online privacy bill easily passed by U.S. House panel
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Online privacy bill easily passed by U.S. House panel

By Diane Bartz WASHINGTON (Reuters) - A U.S. House of Representatives panel passed a bipartisan online privacy bill on Thursday that aims to limit the collection of personal data,...
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Online privacy bill easily passed by U.S. House panel © Reuters. FILE PHOTO: People look at data on their mobiles as background with crowd of people walking is projected in this illustration picture taken on May 30, 2018. REUTERS/Kacper Pempel/Illustration//File Photo

By Diane Bartz

WASHINGTON (Reuters) - A U.S. House of Representatives panel passed a bipartisan online privacy bill on Thursday that aims to limit the collection of personal data, though doubts remain as to whether it will become law.

The bill would require companies like Alphabet (NASDAQ:GOOGL)'s Google and Meta's Facebook (NASDAQ:META), along with a long list of others, to only collect personal data that is necessary to provide services. Sensitive information like Social Security numbers would get even more protection.

The measure easily passed a House Energy and Commerce subcommittee on a voice vote. It now goes to the full committee.

Previous attempts to pass privacy legislation were blocked by a buzzsaw of opposition from tech companies, who provide free services by using consumer data for advertising. Much of the debate over these bills focused on whether federal legislation would preempt state laws, which are sometimes stronger, or whether individuals would be allowed to sue in the case of privacy violations.

The fate of the bill is uncertain given that it faces criticism from powerful Senate Democrats, including Senator Maria Cantwell who doesn't believe the bill's enforcement is strong enough.

Lead sponsors are Energy and Commerce Committee Chair Frank Pallone along with Representative Jan Schakowsky, both Democrats, as well as Republican Representatives Cathy McMorris Rodgers and Gus Bilirakis.

"Today's markup is another milestone towards our ultimate goal of enacting meaningful national privacy legislation," said Pallone.

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01-05-2024 10:45:17 (UTC+7)

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GBP/USD

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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Cập nhật 01-05-2024 10:45:19
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