On Wednesday, the leaders of Facebook, Google, and Twitter will testify on Capitol Hill in front of a subcommittee of the Senate Commerce Committee. Mark Zuckerberg, Sundar Pichai, and Jack Dorsey will all face questions over their companies' use of Section 230 of the Communications Decency Act, which protects online platforms from being held legally accountable for content published by their users.
"One of the things I think they need to hear from us that we are fully aware that the American people no longer trust big tech," Committee member Sen. Marsha Blackburn (R-Tenn.) told Cheddar.
Blackburn has proposed several changes to clarify and modify Section 230, which has been a subject of controversy since the president's executive order in May. That executive order came after Twitter flagged one of the president's tweets for being misleading and called for the FCC to regulate online censorship.
"We would be more specific on who can use the liability protections in 230, how it can be applied, and when it can be applied," said Blackburn. Her changes would also specify who qualifies as a "content creator" and would aim to protect those users, rather than the platforms.
Despite bipartisan agreement that Section 230 needs reform, Democrats and Republicans do not agree on just how to change it. The Democrats aren't on board with the GOP bill that would reign in a company's ability to flag and censor misinformation.
The tech industry, for its part, has said any changes to Section 230 would effectively end free speech online. They argue that without the protection it offers, platforms actually would have to take a stricter approach to flagging, fact-checking, and censoring.
With contradictory reports about Russian troops pulling back or being added to the border with Ukraine and the expulsion of a U.S. diplomat from Russia, tensions in the region appear to be escalating. Jack Detsch, a Pentagon and national security reporter for Foreign Policy, joined Cheddar News to break down the situation. "Certainly a different tone out of Moscow today and a different tone out of the West. Even as the Kremlin has made the case that troops are moving back, the U.S. is saying that is certainly not the case with the satellite imagery that we have pouring in," he said.
New York City's famous subway system is currently facing scrutiny after several recent attacks on platforms. Now, local leaders in the Big Apple are calling on the MTA. To step in and take action.
Tensions in Ukraine continue to rise. According to NATO and U.S. officials, Russian troops are still being built up despite Moscow's claims of de-escalation. However, Ukraine does not believe the troops are enough to mount an invasion. The government in Kyiv has also reported several cyber attacks against its defense agencies and banks which is the largest attack in the country's history. Foreign Affairs Reporter based in Ukrain, Terrell Starr, joined Cheddar to discuss more
A Senate bill unveiled on Wednesday looks to tackleonline safety for children by regulating Big Tech and social media platforms to deter users from content that can harm their mental health. Irene Ly, a policy counsel for the age-based ratings and review organization Common Sense Media, joined Cheddar News to break down the potential of the Kids Online Safety Act. "We can't be imposing such a big burden on parents to be doing it all on theirselves," Ly said. "I think you also have to keep in mind that parents often didn't grow up with social media, so they don't understand what it's like to be addicted to social media or really understand how they work."
The Federal Reserve minutes from its January meeting are indicating it's sticking to an interest rate hike in March, but what does the report coupled with ongoing inflation mean for investors going forward? Scott Brown, a market strategist at LPL Financial, joined Cheddar News to break down the minutes and talk about how investors might navigate the rest of the year. "it seems like the market is kind of inclined to trade off these headlines, really, through the first half of the year," he said. "And then, oh, don't forget, we've got midterm elections, which always tend to add a little bit of volatility in the second half of the year." Brown noted that the path forward for stock investors in 2022 would be "rockier" than last year.
Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have introduced a new bill to afford greater protection to minors on social media. The genesis of the Kids Online Safety Act came from a Facebook whistleblower case exposing the harm apps can have on the mental health of young girls.
The Chinese government brought the sitcom "Friends" back to its streaming services. However, it had instances of LGBTQ+ references left out, after the series had been banned on Chinese streaming platforms for years.
Prime Minister Justin Trudeau declared a national public order emergency as a 'last resort' to restore order after protests have significantly disrupted daily life and impacted the local economy since the protests began. It is the first time in 50 years a Canadian government has taken this type of action. Myah Ward, breaking news reporter at Politico, joins Cheddar News to discuss.
