Do You Really Own The Digital Content You Buy?
The debate of whether or not you really "own" digital content like games, movies, and books has been on full display in recent weeks, but in a win for consumers, residents in one state will soon get a better picture of what they're really buying.
California law AB 2426, which would take effect next year, prohibits an online retailer from using words like "buy" or "purchase" for sales to state residents if the customer doesn't truly own it forever. If you're just licensing something, for example, an online-only video game that requires a connection to a server that can potentially close, the seller must indicate that with words like "rent" or "license."
Also: California residents can add their driver's license to Apple & Google Wallet
This law doesn't apply to content you can download permanently for offline use like movies or books, or to games with an offline and online component. It would apply to any movies, shows, or content you access through an online connection, and to games that require an online connection even for offline play.
Companies that violate this law will be subject to fines of up to $2,500 for each instance of false advertising.
Also: Still sharing your Disney+ account? You'll have to pay to continue, or risk termination
Since stores are now warning potential buyers that their purchase can go away at any time, there will hopefully be fewer instances of outrage like what happened when Ubisoft simply removed a popular game from players' accounts or when Sony stated it was taking away shows that people had purchased to watch permanently (but later decided not to).
AB 2426 doesn't prevent this from happening again, but people will hopefully at least have a heads-up. Of course, existing licensing agreements already likely warned that content wasn't permanent, but manufacturers buried the warnings deep in legalese. Under the new law, this warning is more clear and consumers have a better idea of what they're doing with their money.
Reassessing AI Investments: What The Correction In US Megacap Tech Stocks Signals
The recent correction in US megacap tech stocks, including giants like Nvidia, Tesla, Meta, and Alphabet, has sent rippl... Read more
AI Hype Meets Reality: Assessing The Impact Of Stock Declines On Future Tech Investments
Recent declines in the stock prices of major tech companies such as Nvidia, Tesla, Meta, and Alphabet have highlighted a... Read more
Technology Sector Fuels U.S. Economic Growth In Q2
The technology sector played a pivotal role in accelerating America's economic growth in the second quarter of 2024.The ... Read more
Tech Start-Ups Advised To Guard Against Foreign Investment Risks
The US National Counterintelligence and Security Center (NCSC) has advised American tech start-ups to be wary of foreign... Read more
Global IT Outage Threatens To Cost Insurers Billions
Largest disruption since 2017’s NotPetya malware attack highlights vulnerabilities.A recent global IT outage has cause... Read more
Global IT Outage Disrupts Airlines, Financial Services, And Media Groups
On Friday morning, a major IT outage caused widespread disruption across various sectors, including airlines, financial ... Read more