Hacker News with Generative AI: Regulation

Is the TikTok Ban a Chance to Rethink the Whole Internet? (newyorker.com)
The billionaire Frank McCourt is launching a “people’s bid” to buy the app, replace its addictive algorithm, and give users greater control of their data. Is it a publicity stunt or a sincere attempt to reform the digital age?
EU asks X for internal documents about algorithms as it steps up investigation (theguardian.com)
The European Commission has asked X to hand over internal documents about its algorithms, as it steps up its investigation into whether Elon Musk’s social media platform has breached EU rules on content moderation.
European Union orders X to hand over algorithm documents (arstechnica.com)
Brussels has ordered Elon Musk to fully disclose recent changes made to recommendations on X, stepping up an investigation into the role of the social media platform in European politics.
FTC Statement in the Matter of Snap, Inc.'s AI Chatbot [pdf] (ftc.gov)
Websites hosting pornographic content must have age verification for UK users (news.sky.com)
Websites that host pornographic or other harmful content must have "robust" age verification in place for UK users by July at the latest, Ofcom has said.
U.S. Judges Demand SEC 'Explain Itself' for Rebuffing Requests for Crypto Rules (coindesk.com)
The U.S. Securities and Exchange Commission must now thoroughly "explain itself" for refusing to grant Coinbase.'s formal request that the agency write regulations for how the industry should assess whether crypto assets are securities or not, according to a circuit-court ruling on Monday.
Zuckerberg urges Trump to stop the EU from fining US tech companies (politico.eu)
The U.S. government under incoming President Donald Trump should intervene to stop the EU from fining American tech companies for breaching antitrust rules and committing other violations, Meta chief executive Mark Zuckerberg said late Friday.
CFPB Approves Financial Data Exchange, Inc. To Issue Standards for Open Banking (consumerfinance.gov)
Today, the Consumer Financial Protection Bureau (CFPB) issued an order recognizing Financial Data Exchange, Inc. (FDX) as a standard setting body under the CFPB’s Personal Financial Data Rights rule.
Elon Musk's Boring Company is tunneling beneath Las Vegas with little oversight (propublica.org)
Given Musk’s role advising President-elect Donald Trump on ways to slash regulations and government oversight, Boring and the Vegas Loop project might be a harbinger for the country.
UK ICO response to Google's policy change on device fingerprinting (ico.org.uk)
Yesterday, Google announced to organisations that use its advertising products, that from 16 February 2025, it will no longer prohibit them from employing fingerprinting techniques. Our response is clear: businesses do not have free rein to use fingerprinting as they please. Like all advertising technology, it must be lawfully and transparently deployed – and if it is not, the ICO will act.
Ask HN: Is there an anti-EU sentiment from big tech? (ycombinator.com)
I’ve been noticing a pattern: companies like Apple and Meta frequently blame the EU for delays in releasing features, citing vague “regulatory risks.”
ComCom orders: Swisscom must operate zero-settlement peering with Init7 [pdf] (init7.net)
EU bans BPA in food materials (europa.eu)
The Commission has today adopted a ban on the use of Bisphenol A (BPA) in food contact materials, due to its potentially harmful health impact.
The High Price of Doctors: A Disease of Regulation (2013) (betonit.ai)
What’s driving the high price of doctors: market inequality or government entry restrictions?  My co-bloggers’ debate reminds me of a random encounter with some striking evidence: The Digest of Education Statistics‘ Table 294.
German watchdog orders Sam Altman's biometric ID project World to delete data (euronews.com)
World, a biometrics identification project cofounded by OpenAI’s Sam Altman, has been told it did not meet European data protection rules and has been issued with a corrective measure.
Death of a Forum: How the UK's Online Safety Act Is Killing Communities (techdirt.com)
We’ve been warning for years that the UK’s Online Safety Act would be a disaster for the open internet.
Show HN: AI Tool to Simplify EU Regulatory Compliance (Solo Founder Journey) (ycombinator.com)
Hi HN, <p>I’m a solo founder, and I’ve been working on an AI tool that helps companies and organizations navigate and comply with EU regulations. The platform leverages AI to provide insights, research capabilities, and compliance assistance, aiming to reduce the complexity and time spent dealing with regulatory requirements.
Deutsche Bank building layer two chain on the top of Ethereum (financemagnates.com)
Deutsche Bank is reportedly creating a layer-2 (L2) blockchain solution on Ethereum using ZKsync technology. The initiative aims to address compliance challenges in using public blockchains within regulated financial systems, according to Bloomberg.
FTC's Lina Khan Changes Everything with Ban on Hidden Junk Fees (newrepublic.com)
Lina Khan’s FTC has passed a sorely needed ban on junk fees. But it won’t come into effect until she—and President Biden—is long gone.
New FCC chair wants to revoke broadcast licenses; First Amendment might stop him (arstechnica.com)
President-elect Donald Trump's pick to lead the Federal Communications Commission, Brendan Carr, wants the FCC to crack down on news broadcasters that he perceives as being unfair to Trump or Republicans in general.
AT&T, Verizon Fail to Inform Customers About Major Salt Typhoon Hack (techdirt.com)
For the better part of the last thirty years, telecom giants and “free market” libertarian think tanks have told anybody who’d listen that gutting regulatory oversight of the U.S. wireless and broadband markets would result in near-Utopian outcomes across innovation and competition.
EU Commission opens formal proceedings against TikTok on election risks (europa.eu)
Crypto Is for Criming – By Paul Krugman (paulkrugman.substack.com)
The tech bros who helped put Trump back in power expect many favors in return; one of the more interesting is their demand that the government intervene to guarantee crypto players the right to a checking account, stopping the “debanking” they claim has hit many of their friends.
Marc Andreessen Warns Against 'Government-Protected Cartel' of Major AI (aicoin.com)
In a lengthy Twitter thread, Marc Andreessen—noted venture capitalist and co-founder and general partner at Andreessen Horowitz—laid out the case for allowing AI development, but warned about creating a “government-protected cartel.”
UK's Online Safety Act comes into force (ofcom.org.uk)
People in the UK will be better protected from illegal harms online, as tech firms are now legally required to start taking action to tackle criminal activity on their platforms, and make them safer by design.
Trump set to scrap car-crash regulation Musk hates (independent.co.uk)
Donald Trump’s transition team is reportedly considering scrapping a car-crash reporting requirement that Tesla and X CEO Elon Musk stongly opposes, according to a new report.
Trump wants to stop Tesla having to report Autopilot, Full Self-Driving crashes (electrek.co)
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla, according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
2400 phone providers may be shut down by the FCC for failing to stop robocalls (docs.fcc.gov)
Cable ISPs compare data caps to food menus: Don't make us offer unlimited soup (arstechnica.com)
Cable broadband companies continue to insist that data caps are good for people with low incomes, pushing back against comments filed by consumer advocacy groups.
EPA Bans Cancer-Causing Chemicals Used in Dry Cleaning (nytimes.com)
The Environmental Protection Agency on Monday banned two solvents found in everyday products that can cause cancer and other serious diseases.