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Federal Government

Facebook

Facebook Changes Policies on 'Trending Topics' After Criticism

The world's largest social network said in a blogpost that it was introducing several changes, including elimination of a top-10 list of approved websites, more training and clearer guidelines to help human editors avoid ideological or political bias.
Wearable Tech

Alcohol-Monitoring Wristband Wins U.S. Prize

BACtrack, a privately held medical device maker, took the $200,000 top prize in the National Institutes of Health (NIH) Wearable Biosensor Challenge.
Legal

Lending Club Under Probe by U.S. Justice Dept, Receives Subpoena

Monday's filing indicated that Lending Club had repurchased an additional $3.8 million in loans during the first quarter that did not meet investor criteria.
Telecommunications

Device Makers, Telecoms Face Competing Government Demands on Privacy

On Monday, the Federal Trade Commission and the Federal Communications Commission announced a joint effort to assure that businesses are safeguarding their customers' data.
Congress

Congress Passes Legislation to Protect Firms' Trade Secrets

The 'Defend Trade Secrets Act' protections include manufacturing processes and computer methods.
Apple

FBI Paid More Than $1 Million to Break Into San Bernardino iPhone

Director James Comey said the agency paid more to get into the iPhone of one of the San Bernardino shooters than he will make in the remaining seven years at his his job.
The Government

Half of Small-Business Owners Think Government Should Help More

An annual survey of sentiment among the owner of small businesses finds only one in four thinks the government is doing enough for business.
Microsoft

Microsoft Sues U.S. Government Over Data Requests

The lawsuit argues that the government is violating the U.S. Constitution by preventing Microsoft from notifying thousands of customers about government requests for their emails and other documents.
Theranos

U.S. Regulators Aim to Ban Founder of Blood-Testing Firm Theranos

Government says the company failed to fix deficiencies at its California laboratory.
Finance

U.S. May Force Shell Company Owners Out of the Dark Amid 'Panama Papers' Fury

A Treasury Department spokesman said on Wednesday the rule would 'soon' be turned over to the White House for review and issuance.
Mergers and Acquisitions

Pfizer, Allergan Scrap $160 Billion Deal After U.S. Tax Rule Change

The merger would have allowed New York-based Pfizer to cut its tax bill by an estimated $1 billion annually by domiciling in Ireland, where tax rates are lower.
Hackers

Ready, Set, Hack: Pentagon Invites Hackers to Break Into its Computer Systems

The public bug bounty program is the government's first.
iPhone

FBI May Keep Secret Method of Unlocking Apple iPhone All to Itself

Under the U.S. vulnerabilities equities process, the government is supposed to err in favor of disclosing security issues so companies can devise fixes to protect data.
Privacy Concerns

White House: Privacy Won't Disappear Just Because Government Unlocked iPhone

'The reason they should be confident in that privacy is because there are laws on the books that are assiduously followed.'