Even Bill Gates says U.S. tech companies need more regulation
even bill gates says u.s. tech companies need more regulation

Even Bill Gates says U.S. tech companies need more regulation

The majority of Americans believe technology companies have gone too far with their personal data — and Microsoft Corp.

 co-founder Bill Gates is one of them.

Legislators should be doing more to rein in the privacy reach of companies, the tech veteran said in a FOX News Sunday interview this week.

“‘The government should be talking to these companies about what they do.’”

— —Bill Gates, co-founder of Microsoft

“The government should be talking to these companies about what they do,” he said.

Gates — who testified in front of Congress in 1998 to justify Microsoft’s policies and power after the U.S. Department of Justice filed an antitrust lawsuit against his company — said tech executives today should strive to work with Congress.

“I was naive,” Gates also told Fox. “I didn’t have an office in Washington, D.C. I thought that was a good thing and I even bragged about it.”

He added, “I later came to regret that, so these — I’m sure these guys are learning better than I did, that they need to come back here and start a dialogue.”

Fox News shares common ownership with News Corp.
the parent company of Dow Jones.

Gates’s comments come as interest in privacy regulation grows. More than half — 55% — of Americans say the government should do more to regulate tech companies like Google

 and Facebook
a February survey from technology site Axios found.

“Gates’s comments come as interest in privacy regulation grows.”

In May, sweeping privacy regulations in the European Union went into effect, limiting what data can be collected on citizens and how it can be used. Some 68% of Americans say they would support similar regulations in the United States.

Microsoft itself was flagged for a potential breach of the European privacy laws due to data it collects from private emails. The company said it is updating these policies to comply with regulation and will resubmit them for approval in April 2019. The company also reportedly covered up a data breach in 2013, former employees told Reuters in 2017.

Federal lawmakers are starting to look at privacy issues more seriously and a handful have introduced bills that would regulate how tech companies collect and manage their users’ personal data. A number of bills have been introduced to regulate data collection in the U.S., though none have passed.

Google chief executive officer Sundar Pichai testified in Congress on Dec. 11 about the privacy concerns and censorship allegations surrounding the company.

On Dec. 12, Democratic senators introduced a bill that would require companies to “reasonably secure” user data. A majority of Americans (64%) have been affected directly by a major security breach, a January 2017 survey from Pew Research found.

Since then, a number of massive hacks and breaches have no doubt added to that number, with customers of British Airways (affecting more than 9 million people), Marriott hotels

  (affecting more than 500 million people) and Exactis (affecting more than 340 million people) among those affected.

Theresa Payton, former White House chief information officer and current chief executive officer of security firm Fortalice Solutions, called the security bill introduced on Dec. 12 “an incredible first step” towards better security for consumers.

“What I’d like to continue to see is a culture change in big tech that consistently prioritizes consumers,” she said. “That will require a close partnership between big tech, public officials, and users of technology.”

Go to the source link

Check Also

UNC, Liberty cancel three-game football series :: WRALSportsFan.com

UNC, Liberty cancel three-game football series :: WRALSportsFan.com

By Brian Murphy, WRAL sports investigative journalist Chapel Hill, N.C. — North Carolina’s football team …

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.