In a historic move, key federal lawmakers, including Senate Commerce Committee Chair Maria Cantwell and House Energy and Commerce Committee Chair Cathy McMorris Rodgers unveiled a sweeping proposal aimed at granting consumers extensive rights to manage the use of their personal data by tech giants like Google, Meta, and TikTok. The proposed legislation, titled the American Privacy Rights Act, establishes a national baseline for data collection, usage, and transfer on the internet, allowing users to opt out of certain practices such as targeted advertising. The bipartisan agreement also addresses long-standing issues surrounding federal versus state laws and outlines enforcement mechanisms through civil lawsuits for violations. However, its prospects in Congress remain uncertain amidst looming deadlines and complex negotiations.

Time Stamps:

0:00 - Welcome to the Rundown

2:47 - Amazon kills Just Walk Out Tech

4:56 - StorMagic and Acronis

7:01 - New CX Research from Contentsquare, Zendesk, and LivePerson

10:21 - Starburst Launches Managed Icehouse Implementation

13:45 - IPO Filed by Rubrik

15:48 - CHIPS Act Direct Funding Up to $6.6 Billion for TSMC

19:00 - New Online Privacy Protection Plan Revealed

24:45 - The Weeks Ahead

27:26 - Thanks for Watching

Hosts:

Stephen Foskett, Organizer of the Tech Field Day Event Series: https://www.linkedin.com/in/sfoskett/

Lisa Martin, Advisor at The Futurum Group: https://www.linkedin.com/in/luccazara/

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