NexusFi: Find Your Edge


Home Menu

 





White House threatens that it won't support cyber piracy bill


Discussion in Traders Hideout

Updated
    1. trending_up 1,299 views
    2. thumb_up 0 thanks given
    3. group 0 followers
    1. forum 0 posts
    2. attach_file 0 attachments




 
Search this Thread

White House threatens that it won't support cyber piracy bill

  #1 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364

The Obama administration raised concerns Saturday about efforts in Congress that it said would undermine 'the dynamic, innovative global Internet’.

White House officials urged lawmakers to approve measures this year that balance the need to fight piracy and counterfeiting against an open Internet.

They said in a blog post that it would not support pending legislation that 'reduces freedom of expression, increases cybersecurity risk' or undermines the global Internet, cautioning the measure could discourage innovation and startup businesses.

Any effort to combat online piracy must guard against the risk of online censorship of lawful activity and must not inhibit innovation by our dynamic businesses large and small,’ the White House said.

The administration was responding to measures that would allow the Justice Department to target offshore websites — through Internet service providers — that offer illegal copies of music, movies and television shows online.



There is a certain level of urgency surrounding the issue as the Senate is expected to consider similar legislation later this month.

Tech companies such as Google, Facebook, Yahoo and others have questioned the legislation, warning in a November 15 letter that it would force new liabilities and mandates on law-abiding technology companies and require them to monitor websites.

We are concerned that these measures pose a serious risk to our industry's continued track record of innovation and job-creation, as well as to our nation's cybersecurity,’ the letter stated.
President Obama has had a number of meetings with tech leaders, notably hosting a dinner with Silicon Valley innovators in February.

The White House said in the blog posted Saturday that it would work with Congress on legislation to help battle piracy and counterfeiting while defending free expression, privacy, security and innovation in the Internet.

The post was signed by Victoria Espinel, the intellectual property enforcement coordinator at the Office of Management and Budget; Aneesh Chopra, the nation's chief technology officer; and Howard Schmidt, an Obama adviser on cybersecurity.


Read more: White House threatens that it won't support cyber piracy bill if it stifles internet freedom | Mail Online

Started this thread Reply With Quote




Last Updated on January 15, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts