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Meta, Chamber Boost Lobbying As Congress Debates Privacy and Tax

The 10 biggest lobbying entities this year, including the US Chamber of Commerce and Meta Platforms Inc., spent a combined $90 million to influence the federal government on tax, technology, and health care policy.

City of Hope Sued Over Breach Endangering Cancer Patients’ Data

For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden plans to sign it Wednesday — beginning a 270-day countdown for a sale or a US prohibition of the popular video-sharing platform.

Judge Allows Griffin’s IRS Suit But Dismisses Privacy Claims

A judge allowed Ken Griffin’s lawsuit accusing the <-bsp-bb-link state="{"bbHref":"bbg://securities/0229544Z%20US%20Equity","_id":"0000018f-0d87-d583-afbf-cfdffab40000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Internal Revenue Service of leaking his confidential tax information to proceed, but dismissed his claim that the agency broke privacy laws by failing to safeguard his data.

Google Postpones Phasing Out of Ad Cookies in Chrome Browser

Google delayed its plan to phase out cookies, software that lets marketers track users, in its Chrome browser this year, pushing to 2025 a move that will ultimately transform how advertisements are targeted on websites.

Teen Social Media Law in Georgia Restricts Youth Under 16 Online

Georgia teens under 16 will need a parent or guardian’s permission to use social media under a law signed Tuesday by Gov. Brian Kemp (R).

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Ameritas Mutual to Pay $850,000 to Settle Data Breach Lawsuit

Ameritas Mutual Holding Co. would pay up to $850,000 to settle a proposed class action alleging it failed to protect the personal information of 95,644 current and former policy holders during a May 2019 data breach, under a deal given initial approval by a federal court.

TikTok Ban in US Looms as Biden Kicks Off 270-Day Countdown

For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden plans to sign it Wednesday — beginning a 270-day countdown for a sale or a US prohibition of the popular video-sharing platform.

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Friends, Family, Royalty Seek Mercy for Crypto’s Richest Man (1)

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018f-11e0-d583-afbf-d3fc58d00000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance co-founder <-bsp-person state="{"_id":"0000018f-11e0-d583-afbf-d3fc58d00001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng Zhao is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.

Social Media Cases Could Impact Public Discourse Online

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