While educational facilities close across the United States due to the coronavirus pandemic, the U.S. Department of Education tells educators that online learning must comply with civil rights laws, including making sure learning tools are available to students. However, as not every student has access to the internet, many students will be unable to participate, prompting some public school systems to implement "enrichment" policies. Under these policies, coursework completed under online learning will not officially count towards advancing to the next academic term.
The French data protection authority and the independent watchdog CNIL cite Facebook for breaching privacy laws by the collection and transfer of 30 million users' Internet data, and by tracking non-users. Companies are no longer protected by the International Safe Harbor pact that was ruled illegal last October.
Google announces that Project Loon – to provide wireless access to four billion unconnected people around the globe in rural and remote areas via Internet-beaming helium balloons in the stratosphere – will be tested in Indonesia in 2016. Currently, one in three Indonesians are connected to the web, mostly via slow connections, in this 17,508-island archipelago of over 250 million people (and about 319 million mobile phones). The company, which also tested Loon-delivered internet in Chile, New Mexico (U.S.), and Sri Lanka, hopes to deliver LTE-speed to more than 100 million unconnected Indonesians in five years.
In a plea bargain with U.S. federal prosecutors, Rohit Bansal, a former Goldman Sachs banker accused of using private information leaked by source inside the Federal Reserve Bank of New York, has agreed to plead guilty. The leaked information was said to have given Goldman an undue advantage regarding client advisement. Goldman also faces fines from the New York State’s Department of Financial Services.
Moody's downgrades the credit rating of 15 major world banks: UK (The Royal Bank of Scotland, Barclays and HSBC), US (Bank of America, Citigroup, Goldman Sachs and JPMorgan), Rest of world (Credit Suisse, UBS, BNP Paribas, Crédit Agricole, Société Générale, Deutsche Bank, Royal Bank of Canada and Morgan Stanley).