Author Archives

J.D. is an attorney.

• New York Fed’s new Innovation Center will Develop Fintech Products and Services for Central Banking

  By J.D. Kim, Esq. on December 24, 2021 • ( 0 )

  On November 29, the Federal Reserve Bank of New York announced and launched its New York Innovation Center (NYIC) to be headed by Per von Zelowitz, for the purpose of developing financial technology products and services for the central bank… Read More ›

• NYC Bans Use of Natural Gas in New Buildings to Begin in 2024

  By J.D. Kim, Esq. on December 20, 2021 • ( 0 )

  Led by Alicka Ampry-Samuel, 29 New York City Council Members sponsored a bill that passed on December 15, to prohibit the use of gas-powered heaters, stoves and water boilers in new buildings in an effort to reduce carbon emissions. As… Read More ›

• NYC Requires Bias Audits, Other Measures to Prevent Unjust Hiring Based on Artificial Intelligence

  By J.D. Kim, Esq. on December 18, 2021 • ( 0 )

  Scheduled to go into effect in January 2023, the New York City Council recently passed legislation that seeks to prevent unjust hiring and promotion practices arising from automated decision tools widely used by employers, such as artificial intelligence. The legislation also includes… Read More ›

• Increased Government Scrutiny of Large Tech Companies Increases at Both Federal and State Levels and Internationally

  By J.D. Kim, Esq. on March 17, 2021 • ( 0 )

  The anti-trust action brought by the U.S. Department of Justice during October of last year was not the first time  federal regulators considered taking action against Google.  Newly revealed documents from a 2011-2013 Federal Trade Investigation revealed by Politico also… Read More ›

• New Legislative Appointments Affecting Tech & NYC Small Business Relief in 1st Quarter 2021

  By J.D. Kim, Esq. on March 10, 2021 • ( 0 )

  SMALL BUSINESS RELIEF  In what would be a major overhaul to the over 180 laws affecting NYC small businesses, the New York City Council announced a hearing held by the Small Business Committee on March 1, on two bills that… Read More ›

• A New Model of Worker Classification Emerges from California’s Proposition 22 as the Direction of the Gig Economy is Fought Over Intensely

  By J.D. Kim, Esq. on November 10, 2020

  On election day, ballot measure Proposition 22, backed by App-based driver and delivery companies Ubder, Lyft, DoorDash, Instacart and Postmates passed in California, creating an exemption from labor legislation passed last year that required them to classify drivers as employees… Read More ›

• Google Calls DOJ Antitrust Action ‘Deeply Flawed’

  By J.D. Kim, Esq. on October 22, 2020 • ( 0 )

  In a blog post by SVP of Global Affairs Kent Walker, Google responded on Tuesday to the arguments found in the antitrust action brought against it by the U.S. Department of Justice the same day, asserting that consumers are not forced to… Read More ›

• Calling Google the ‘Monopoly Gatekeeper of the Internet,’ U.S. Justice Department Files Antitrust Action

  By J.D. Kim, Esq. on October 21, 2020 • ( 0 )

  On Tuesday, the U.S. Department of Justice along with eleven states that include Florida, Texas and Arkansas filed a civil action against Google in the U.S. District Court for the District of Columbia alleging that the company unlawfully maintained “a monopoly in… Read More ›

• Following Nation’s First Cybersecurity Regulation, NYS Releases Recommendations to Regulate Social Media Platforms

  By J.D. Kim, Esq. on October 16, 2020 • ( 0 )

  On Wednesday New York State’s Department of Financial Services (DFS) released the results of its investigation into the July 15 hacking of the Twitter accounts of cryptocurrency firms and public figures such as Presidential candidate Joe Biden, using the opportunity to call… Read More ›

• International Agreement for Digital Tax Framework Delayed

  By J.D. Kim, Esq. on October 16, 2020 • ( 0 )

  On Monday the OECD announced that its efforts to develop a consensus international framework when it comes to taxing the digital economy has been delayed. Noting in a statement that while digital transformation “spurs innovation, generates efficiencies, and improves service while boosting more inclusive… Read More ›