Government

Behind this good news is the growth of cybercrime that is pestering online users until now. Hackers and scam artists are here and there. Because of this, public authorities around the world have created some measures to prevent and prosecute cyber attackers.

Its that time of the week folks! Get your day started with your weekly dose of tech news in 60sec. This is episode 3 of the TechZulu Tech Wrap. Produced by PodShare’s Elvina Beck and Kera Package for July 13-19, 2015.

U.S. Telecom has announced that it has filed suit against the United States government in response to the recent ruling by the Federal Communications Commission on Net Neutrality. The suit was filed in the U.S. Court of Appeals for the District of Columbia.

This year marked the 10th anniversary of the annual Clinton Global Initiative founded by former president, Bill Clinton and former Secretary of State, Hillary Clinton. The event, held in New York City, gathered in a plethora of world leaders, corporate executives and philanthropists. This year’s theme is “Re-imagining Impact,” which Hillary Clinton suggests, “requires leaders who will re-imagine and who will be unafraid to do so and ask themselves, beginning with themselves, hard questions. “

At the announcement of the new service, venture capitalist Marc Andreessen — an investor in Lyft — went on a Twitter firestorm extolling the virtues of the service. Never one to hold back, Andreessen called Lyft Line “an archetypal example of how Silicon Valley is going straight at the hard problems.”

“The road to failure is often paved with good intentions,” famed writer Samuel Johnson might have said.

Tonight bitcoin evangelist Brock Pierce is introducing Oakland mayoral candidate Bryan Parker to the Los Angeles tech community during a fundraiser at the prestigious 41 Ocean Club in Santa Monica.

Regulations can be suffocating. Used in the wrong way they might accidentally “Napster” a nascent industry.
Thankfully, the California Public Utilities Commission realized the value of the mobile-based sharing economy by voting to legitimize the rideshare industry statewide.

The U.S. Senate on May 6 passed the third version of Senate Bill 743, otherwise known as the Marketplace Fairness Act, which requires consumers to pay sales tax on all Internet purchases. How does this affect the growing crowdfunding industry? Initially, it affects reward-based crowdfunding because the moment anyone takes money in exchange for an item, the transaction becomes subject to sales tax.

One of the hotter topics at the last Silicon Beach Fest (SBF) in Santa Monica was the exodus of homegrown tech talent. Some refer to it as “brain drain.” Others call it “talent flight,” while academics coined the phrase “mind migration.”