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News on Medial
NIST proposes barring some of the most nonsensical password rules
Arstechnica
·
10m ago
Medial
The National Institute of Standards and Technology (NIST) has proposed to eliminate some of the nonsensical password requirements. In their latest guidelines, NIST recommends against periodic password resets, mandatory use of certain characters, and security questions. These rules, which were originally imposed to enhance security, can actually undermine it. The new guidelines promote common-sense practices, such as using longer and more random passwords, not imposing composition rules, and not requiring frequent password changes. While the proposed guidelines are not mandatory, they can serve as persuasive arguments in favor of eliminating ineffective password rules.
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The Disney Plus password-sharing crackdown starts in June
The Verge
·
1y ago
Medial
Disney CEO Bob Iger has revealed that Disney Plus plans to crack down on password sharing starting in June. The anti-password sharing rules will first be implemented in a few countries and markets, before expanding to all subscribers in September. Subscribers suspected of improper sharing will be prompted to sign up for their own subscription, and there will be an additional fee for adding members outside of the household. Disney's push to deter password sharing is part of its efforts to increase engagement and lower churn.
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US proposes targeted restrictions for AI, tech investment in China
Economic Times
·
1y ago
Medial
The United States has released draft rules aimed at banning or requiring notification of U.S. investments in key technology sectors in China that could pose a threat to national security. The proposed rules, published by the U.S. Treasury Department, follow an executive order signed by President Joe Biden last year. The rules place the responsibility on individuals and companies to determine which transactions will be restricted or banned. Public comments on the proposed rules will be accepted until August 4th. The move reflects growing concerns over China's aggressive efforts to dominate emerging technologies.
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Elon Musk dislikes government rules— unless he proposes them
Livemint
·
1y ago
Medial
Tesla and SpaceX CEO, Elon Musk, has expressed his distaste for government regulations on several occasions. However, he has recently been advocating for rules and regulations in certain areas, such as artificial intelligence (AI). Musk has warned about the potential dangers of AI and has called for regulations to prevent shortcuts that could lead to safety risks. Despite his calls for caution, Musk has also founded a company, xAI, to work on AI development. His contradictory stance on regulations has raised some concerns within the industry. Musk has clashed with regulators in the past, but now finds himself in another period of battling with government bodies in relation to his businesses.
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Big Tech proposes power-rate terms in Ohio data-center fight
Economic Times
·
9m ago
Medial
- Microsoft, Alphabet, Meta, Amazon, and other tech firms propose an alternative framework for data centers' power payment in Ohio. - Utility AEP Ohio had previously proposed financial assurances for data centers and cryptocurrency miners due to an overwhelming number of requests. - Ohio is attracting data centers due to its high-power capacity for technologies like generative AI. - AEP Ohio paused new contracts for data centers amid the surge in demand. - Big Tech, power companies, and others are opposing AEP's proposal before the Public Utilities Commission of Ohio. - Some companies seek to settle the case by suggesting changes to AEP's rules and the payment terms for transmission upgrades.
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Bob Iger reveals when Disney's password-sharing crackdown will go into full effect
Business Insider
·
1y ago
Medial
Disney's CEO Bob Iger has set a date for cracking down on password-sharing on Disney+. In an interview with CNBC, Iger stated that the new rules will be implemented in a few countries in June, followed by a full rollout in September. The company aims to cut down on streaming losses, which were estimated at $4 billion per year. Disney plans to increase engagement, reduce marketing costs, and improve profitability in its streaming business. While echoing some of Netflix's strategies, Iger emphasized that reaching the same level of success is premature to determine.
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US FCC chair proposes to restore net neutrality rules
Economic Times
·
1y ago
Medial
US FCC Chair Jessica Rosenworcel plans to reinstate net neutrality rules that were repealed under former President Donald Trump. She aims to propose a vote on October 19 to largely reinstate the open internet rules implemented in 2015 under President Barack Obama. With Democrats now having majority control of the five-member FCC, the move is expected to gain support and potentially reinstate the Net Neutrality regulations. This news was reported by David Shepardson for the Economic Times.
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America’s big AI safety plan faces a budget crunch
Wired
·
1y ago
Medial
A budget crunch is delaying US President Joe Biden's plan for AI safety. The National Institute of Standards and Technology (NIST), responsible for setting standards for stress-testing AI systems, lacks the necessary funds to complete the work independently by the 2024 deadline. Congress members are concerned that NIST will rely heavily on private companies with a vested interest in shaping standards. The lawmakers also express concerns about the rushed definition of AI standards and insufficient transparency in NIST's award decisions. NIST is seeking input from external experts and companies to evaluate and red-team AI models.
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RBI Proposes Draft Rules To Regulate PoS For Online Payment Aggregators
Inc42
·
1y ago
Medial
The Reserve Bank of India (RBI) has issued draft rules to regulate point-of-sale payment service providers (PA-P), which includes companies like Innoviti Payments, Pine Labs, and MSwipe. The draft rules state that these companies must apply for authorisation from the RBI by May 31, 2025. If they fail to obtain authorisation, they will have to cease their services. Additionally, payment aggregators must inform the regulator about their plan to seek authorisation within 60 days of the formal guidelines' issuance. The RBI has also introduced new guidelines for online payment firms, requiring them to monitor merchant activities and ensure compliance.
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RBI proposes easier rules for lenders' investments in AIFs
VCCircle
·
2m ago
Medial
The Reserve Bank of India (RBI) has proposed easing investment rules for lenders in Alternative Investment Funds (AIFs), citing improved financial discipline. The draft guidelines suggest capping a single regulated entity’s investment in an AIF at 10% of its corpus, with a total combined limit of 15% for all lenders. Lenders could invest up to 5% of an AIF’s corpus without restrictions but might need to make provisions if certain conditions are breached.
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SEBI proposes higher investment limits for angel funds
VCCircle
·
8m ago
Medial
India's market regulator, the Securities and Exchange Board of India (SEBI), has proposed increased investment limits and a larger pool of angel fund investors for startups. SEBI aims to enhance ease of business while ensuring that angel fund investors have the risk appetite and ability to evaluate investment proposals. The proposed changes include setting the investment range for angel funds in startups from INR 1 million to INR 250 million, allowing family trusts, corporations, and experienced individuals to participate, and capping the number of investors for each company at 200. SEBI has sought public comments before finalizing the rules.
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