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.
Carlo and Baker cover the heartening news on the Covid front ahead of the holiday, plus President Biden punting student loan repayments again, a new space telescope and Love, Hate, Ate: Christmas Eve Eve Edition!
This year's worldwide semiconductor shortage limited the supply of everything from new cars to smartphones; and now, many in the chip industry expect the shortage to continue deep into 2022, and maybe even 2023. Semiconductor senior research analyst for Robert W. Baird & Co., Tristan Gerra, joins Cheddar News' Closing Bell to discuss.
The airline industry says it is contending with staff shortages that threaten to hamper operations amid the COVID resurgence, andDelta Airlines CEO Ed Bastian called on the CDC to revise its guidance for vaccinated workers who test positive from a 10-day quarantine to just five. Chuck Liberman, chief investment officer and managing partner at Advisors Capital Management LLC, joined Cheddar to talk about the current guidance on isolation and why he believes the omicron variant calls for more relaxed guidance given its reportedly mild symptoms.
Schools are shutting down in droves as the highly contagious omicron variant surges across the country. Denisha Merriweather, director of public relations and content marketing at the American Federation for Children, an advocacy organization for vouchers and tax credits for school choice, joined Cheddar's "Opening Bell" to discuss the impact of remote learning on children. She argued that school districts have to be more proactive about the steps they are taking to engage students, and if they are unable to form better teaching methods, parents should be able to find alternative schools.
The boys discuss President Biden's plans to send out free rapid tests as the testing supply chain starts to buckle ahead of the holidays. Also, why aren't Americans having more babies, and The Matrix returns.
With the Build Back Better plan essentially out of the picture, economists are highlighting what the country might lose without the provisions designed to strengthen it. Among other things, this includes no more monthly payments for tens of millions of families, no universal Pre-K for 6 million children a year, and no billions of dollars in tax incentives for climate initiatives. Grace Segers, staff writer for The New Republic, joined Cheddar to discuss the various impacts on the economy without President Biden's spending bill.
Electric vehicle companies took a tumble Monday after Senator Joe Manchin killed Biden's 'Build Back Better' plan. Shares of Tesla, Lucid, and Rivian all fell rapidly as the plan had included significant incentives for the growing EV sector. Rich Steinberg, former executive at Nissan, BMW and Electrify America joined Cheddar's Opening Bell to discuss.
