Biden administration

White House Gives $50 Million to ‘Underserved’ Small Businesses
White House Gives $50 Million to ‘Underserved’ Small Businesses
November 21, 2023  |  SMBs

The Biden administration says it is releasing new funding to help underserved small businesses. The $50 million in funding, announced Tuesday (Nov. 21), comes from the American Rescue Plan...

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VC-Led Startup Safety Commitments Spark Debate Around AI Accelerationism 
VC-Led Startup Safety Commitments Spark Debate Around AI Accelerationism 
November 16, 2023  |  artificial intelligence

Artificial intelligence (AI) was no doubt the most pivotal technology of the past year. And it may just prove to be the most pivotal innovation...

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Biden Erases $127 Billion in Student Debt Despite Court Ruling
Biden Erases $127 Billion in Student Debt Despite Court Ruling
November 12, 2023  |  Loans

The federal government has erased more than $127 billion in student loans since 2021. That debt forgiveness came from changes to existing programs, Bloomberg News...

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Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023  |  Security & Fraud

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing...

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Schumer: Legislation Is the ‘Only Real Answer’ to Regulate AI
Schumer: Legislation Is the ‘Only Real Answer’ to Regulate AI
October 26, 2023  |  artificial intelligence

President Joe Biden is preparing an executive order dealing with artificial intelligence (AI). The Senate’s top Democrat, however, reportedly believes action on AI needs to come...

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Report: Biden Administration to Introduce Executive Order on AI Monday
Report: Biden Administration to Introduce Executive Order on AI Monday
October 25, 2023  |  artificial intelligence

The Biden administration is reportedly set to introduce an executive order on artificial intelligence (AI) that will regulate the rapidly evolving technology. The order is...

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Amazon Counters FTC Lawsuit Allegations on Deceptive Practices
Amazon Counters FTC Lawsuit Allegations on Deceptive Practices
October 19, 2023  |  Amazon

Amazon is asking a Seattle judge to dismiss a lawsuit from the Federal Trade Commission (FTC), saying the case “fails in its entirety.”  The eCommerce giant has vehemently...

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Biden Administration to Announce New Regulations to Tackle Junk Fees
Biden Administration to Announce New Regulations to Tackle Junk Fees
October 11, 2023  |  Regulation

President Joe Biden and the heads of the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) will announce new rules and regulations to crack down on junk fees...

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California Bans Junk Fees, Anticipating Federal Efforts
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023  |  Legal

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  This move comes in...

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