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Category: Law

link to FTC vs Amazon Lawsuit Explained

FTC vs Amazon Lawsuit Explained

"Click to subscribe, call to cancel" is a highly effective (at least in the short-term) and universally irritating way for businesses to retain customers. Some states such as California, New York,...

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link to A Tsunami of Regulation is Coming for Big Tech

A Tsunami of Regulation is Coming for Big Tech

"Fortune 500 companies spent $7.8 billion ($16 million each) preparing for the roll-out of GDPR and typically spend over $10 million per year (each) to stay in compliance. Meanwhile, small to medium...

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link to Senators Propose New AI Regulatory Agency

Senators Propose New AI Regulatory Agency

Sen. Lindsey Graham: "Do you agree, Mr. Altman, that these tools you're creating should be licensed?" Sam Altman (CEO of OpenAI): "Yes. We've been calling for this." Sen. Lindsey Graham: ...

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link to Pornhub Pulls Out of Utah

Pornhub Pulls Out of Utah

A new Utah law went into effect last week which makes online companies liable if they allow minors to access porn. To avoid liability, companies are required to verify a user's driver's license...

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link to Florida Bans ESG in Banking & Asset Management

Florida Bans ESG in Banking & Asset Management

The average ESG fund has 41% higher fees than the average non-ESG fund. That's great news for asset managers like Blackrock who collect those fees but bad news for the everyday worker whose...

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link to Definition of Money Transmitter under Florida Law

Definition of Money Transmitter under Florida Law

Florida Statute 560.103(23) (related to the regulation of money services businesses) defines a money transmitter. A money transmitter is a corporation, LLC, LLP, or foreign entity qualified to do...

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