

Equity Monday: Apple's privacy flap continues as crypto regulation looms
Aug 9, 2021
Discussions center around Apple's privacy measures aimed at scanning iPhones, igniting debates on safety versus privacy. China's ongoing tech crackdowns keep major players like Tencent under scrutiny. The U.S. crypto regulatory landscape is rapidly evolving, with proposed legislation stirring up controversy among industry leaders. The podcast also touches on significant startup funding rounds, including Canopy Servicing's $15 million Series A and Siga OT Solutions' $8.1 million Series B, highlighting a vibrant entrepreneurial ecosystem.
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Apple's Privacy Balancing Act
- Apple's plan to scan iPhones for illegal material raises privacy concerns.
- This technology could be misused by governments to suppress dissent.
China's Tech Crackdown Continues
- China continues its crackdown on its tech industry, now targeting Tencent for insufficient protections for minors.
- This follows criticism of the video game industry, suggesting a broader crackdown on gaming revenue.
American Crypto Regulation
- US cryptocurrency regulation is a complex issue being debated in Congress.
- Proposed regulations, like stricter transaction reporting, face strong opposition from the crypto industry.