British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments could potentially hurt financial stability and raise the cost of borrowing, a report...
Major Record Labels Sue Youtube-dl’s Hosting Provider
In October 2020, the RIAA caused outrage by taking down YouTube-ripping tool youtube-dl from GitHub. The RIAA cited the anti-circumvention provisions of the DMCA, claiming that the tool could be used to download their artists’ musical works from YouTube, in breach of copyright. With little supporting case law in the United States, the RIAA referenced a decision from the Hamburg Regional Court in a similar case, which found that...
Cox Challenges $1 Billion Piracy Verdict Over ‘Lies’ and ‘Serious Misconduct’
Three years ago, Internet provider Cox Communications lost its legal battle against a group of major record labels. A Virginia jury held Cox liable for pirating subscribers because it failed to terminate accounts after repeated accusations, ordering the company to pay $1 billion in damages. This landmark ruling is currently under appeal but Cox also discovered new information that could turn the initial verdict on its head. A few...
Why use a Raspberry Pi to power your business
With the pandemic changing the way we’re working, job decentralization is becoming an important challenge for all companies. read more Powered by...