supreme court - CybAI news

17 Sep

TikTok Gets Tough Questions From Court in Fight Against US Ban

stp2y0 CommentsRAG modelsAndy Pincus, business, china, Government, justice department, law, politics, social media, supreme court, Technology, United States, war

TikTok faces an uphill battle to avoid a US ban if its Chinese owner doesn’t sell the wildly popular social media app, judging from a grilling by an appellate court panel.A three-judge panel for the US Court of Appeals for the DC Circuit signaled skepticism of TikTok’s argument Monday that the law signed by President Joe Biden banning the video-sharing app would violate the company’s free speech rights. The US government argued that national security concerns about TikTok’s Beijing-based parent company, ByteDance Ltd., manipulating the content American audiences see justified the law. Source link lol

17 Aug

Musk Vows to Close X’s Brazil Operations, Will Maintain Service

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Elon Musk’s X is closing its operations in Brazil while keeping the service available in the country, according to posts Saturday from the social-media platform. The announcement marks the latest step in a showdown between the world’s richest man and Brazil’s Supreme Court Justice Alexandre de Moraes, who is spearheading efforts to combat fake news and hate speech in Latin America’s largest economy. Source link lol

16 Aug

Jefferies Says It Was Shortchanged on Fee in Rubicon SPAC Deal

stp2y0 CommentsRAG modelsHenry Roberts Kravis, JEFFERIES FINANCIAL GROUP IN, Manhattan, Markets, new york, RUBICON TECHNOLOGIES INC, software, supreme court, Technology, UBER TECHNOLOGIES INC, US Securities and Exchange Commission

Jefferies Financial Group Inc. sued a company acquired in a blank-check merger, claiming it received stock now worth only about $40,000 instead of a promised $7 million underwriting fee.In a suit filed Thursday in New York, Jefferies said Rubicon Technologies Inc. violated an agreement to pay the fee in either cash or freely tradable shares. Instead, Rubicon allegedly paid Jefferies in restricted shares with a current market value much lower than the agreed fee. Source link lol

15 Aug

Musk’s Free Speech Mantra Collides With Crackdowns on Hate Speech and Disinformation

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Elon Musk’s absolutist version of free speech has thrown the world’s richest man and his X social-media platform into the crosshairs of governments worldwide.In the UK, officials are weighing tougher rules for sites like X after a surge of online disinformation fueled an outbreak of riots. In India, X was ordered this year to remove posts and block certain accounts in response to farmer protests. And in Brazil, Musk is in a running battle with the nation’s highest court over its orders to suspend users who had circulated fake news. Source link lol

14 Aug

Byju’s at Risk of Insolvency Again as Top Court Halts Settlement

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Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Troubled education-technology startup Byju’s is back facing a potential insolvency after India’s top court ordered a stay on a ruling that allowed it to avert bankruptcy. Source link lol

03 Jul

Texas age-verification law for pornography websites is going to the Supreme Court

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Texas will be the main battleground for a case about porn websites that is now headed to the Supreme Court. The Free Speech Coalition, a nonprofit group that represents the adult industry, petitioned the top court in April to review a state law that requires websites with explicit material to collect proof of users' ages. SCOTUS today agreed to take on the case challenging a previous ruling by the US Court of Appeals for the 5th Circuit as a part of its next term beginning in October.Texas was one of many states over the last year to pass this type…

01 Jul

Supreme Court remands social media moderation cases over First Amendment issues

stp2y0 CommentsNewsgear, news, supreme court

Two state laws that could upend the way social media companies handle content moderation are still in limbo after a Supreme Court ruling sent the challenges back to lower courts, vacating previous rulings. In a 9 - 0 in Moody v. NetChoice and NetChoice v. Paxton, the Supreme Court said that earlier rulings in lower courts had not properly evaluated the laws’ impact on the First Amendment.The cases stem from two , from Texas and Florida, which tried to impose restrictions on social media companies’ ability to moderate content. The Texas law, passed in 2021, allows users to sue large…