#efforts

Report: TikTok’s efforts to silo US data are ‘largely cosmetic’

( www.theverge.com )

Report: TikTok’s efforts to silo US data are ‘largely cosmetic’ Illustration by Nick Barclay / The VergeSince 2022, TikTok has undertaken a massive, expensive effort to silo off its US operations — and American users’ data — from its Chinese parent company, ByteDance. TikTok has described the corporate restructuring, which it dubbed Project Texas, as “an unprecedented initiative dedicated to making every Ame…

The Verge 784 2024-05-08

Sam Bankman-Fried May Testify to Role of Lawyers, ‘Good Faith’ Efforts, Filing Says

( www.coindesk.com )

Sam Bankman-Fried May Testify to Role of Lawyers, ‘Good Faith’ Efforts, Filing Says In a series of filings throughout Thursday, the Department of Justice and Sam Bankman-Fried’s defense crossed swords on issues ranging from charts the defendant wants to use in his testimony to an ongoing question of whether the defense can rely on a presence of counsel argument.

Coindesk 1.2k 2024-01-20

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

( www.coindesk.com )

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress.

Coindesk 1.2k 2023-10-22