The tech industry already spends tens of millions of dollars every year lobbying in Washington for federal regulations that will benefit their businesses—or, better yet, for no regulations at all. But while lawmakers on Capitol Hill have spent the last two years handwaving and making empty threats against Big Tech, regulators in the UK have been getting to work, strengthening their data privacy laws and taking steps toward more restrictions around content online. Now, the Internet Association, the lobbying firm that represents the likes of Facebook, Google, Twitter, and Amazon, is opening an office in London. According to Daniel Dyball, executive director of the UK office, the goal is to "constructively engage with the internet public policy debate in the UK." "We believe the internet creates benefits for people and enriches their lives in the UK. We believe it has the power to innovate to transform society for the better and be a positive impact on economic growth," says Dyball, … [Read more...] about Facing UK Regulation, Big Tech Sends a Lobbyist to London
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20 lottery winners who lost every penny
source IBN/screenshot A Mega Millions lottery drawing determined on Tuesday that a winning ticket worth $522 million was sold in California. The announcement gives hope to lottery players across the country that anyone can get lucky if they simply keep playing. While buying a ticket may seem tempting, the numbers suggest that it almost certainly isn’t worth it. But even if it does pan out, winning the lottery will not solve all of life’s problems. In fact, many people’s lives became notably worse after they hit the jackpot, as you can see from the following cautionary tales. Lara and Roger Griffiths bought their dream home … and then life fell apart. source The Daily Mail Before they won a $2.76 million lottery jackpot in 2005, Lara and Roger Griffiths, of England, hardly ever argued. Then they won and bought a million-dollar barn-converted house and a Porsche, not to mention luxurious trips to Dubai, Monaco, and New York City. … [Read more...] about 20 lottery winners who lost every penny