Proposed

IPO Update: Youdao Files Proposed Terms For U.S. Initial Offering – Youdao (Pending:DAO)

Quick Take Youdao (DAO) has filed to raise $92 million from the sale of ADSs in a U.S. IPO, according to an amended F-1/A registration statement. The company provides educational services to a wide age-range of students in China. DAO has been growing quickly but producing increasing operating losses and cash burn. While the firm …

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Australian State’s Proposed Ag-Gag Law Threatens General Right To Protest, Critics Warn

from the watch-out-mushy-headed-vegans dept Ag-gag laws usually claim to be about protecting farmers from animal activists. But trespass laws already do that quite effectively. In reality, ag-gag laws are mostly about preventing activists from gathering photographic evidence of the poor conditions in which animals are kept on some farms. Techdirt has written a number of …

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Ontario privacy commissioner worries about lack of data oversight in proposed Sidewalk Labs plan

Ontario’s privacy commissioner has added his voice to those raising objections to Sidewalk Labs’ proposed digital governance regime for Toronto’s planned data-driven lakefront Quayside project. A lack of independent public oversight, a cumbersome mandate that overlaps with provincial and federal watchdogs and an insufficient role for the city are the main objections of commissioner Brian …

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Proposed NYC law would ban sharing of location data within the city

Third party data is increasingly under threat. As one case-in-point, a bill introduced this week would amend the New York City administrative code to prohibit the transfer or sharing of consumer location data with third parties within city limits. In other words, the party that collects or captures the data could not share it with …

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The DOL Proposed Overtime Rule: Will Your Company Be in Compliance?

By Tonya Fletcher Earlier this year, the U.S. Department of Labor (DOL) published a proposed rule that would make nearly a million workers eligible to receive overtime pay. The proposed rule is for white-collar exemptions to overtime, which refers to employees with duties that primarily involve executive, administrative, or professional responsibilities as defined by the …

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Company execs could go to jail for misusing data under proposed U.S. data privacy law

U.S. Senator Ron Wyden (D-OR) released a draft of federal privacy legislation on Thursday that would impose harsh penalties on senior executives of companies that misuse consumer data. With fines up to 4 percent of a company’s annual revenue, Wyden’s Consumer Data Protection Act [pdf] mirrors elements of Europe’s General Data Protection Regulation (GDPR), which …

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IAB Tech Lab unveils a proposed Ads.txt for mobile apps

Last year about this time, the Interactive Advertising Bureau (IAB) Tech Lab launched its ads.txt project to prevent fraudulent selling of website ad inventory. This week, the Tech Lab is releasing a proposed spec for extending ads.txt, which is now widely adopted, to mobile apps. The proposal is open to public comments over the next …

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Publishers’ trade association on IAB’s proposed framework for GDPR: ‘A non-starter’

A second publisher-side advocate has come out against the Interactive Advertising Bureau (IAB)’s proposed consent framework. Jason Kint is the CEO of Digital Content Next, a New York City-based trade association of about 70 premium publishers in the US and Europe, including The New York Times, ESPN, The Washington Post, CBS, BBC, PBS and Financial …

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Ghostery Goes Open Source, Reveals Two Proposed Revenue Streams

Ad-blocker Ghostery published its entire programming code on Thursday. By going open source, the company aims to clear the air on its old business model and invite others to contribute to its continuing development. “As a privacy product, especially one designed to give users a look behind the scenes at what data companies are collecting …

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Proposed New York Law Could Require Government to Buy American

You’ve already heard about some of the “Buy American” initiatives that are attempting to support American manufacturers. But what if buying American made products was actually required by law? That’s what one lawmaker has proposed for certain government purchases in central New York. Ted Morton is an Erie County Legislator who has proposed this new …

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