Close Menu
Fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Akur8 Acquires Slope Software to Enhance Actuarial Platform

March 17, 2026

BuzzFeed Launches AI-Driven Applications to Explore New Revenue Streams

March 17, 2026

Profile of Daniel Ruhman, CEO of Cumbuca

March 17, 2026

Apple’s September Announcements: MacBook Neo, AirPods Max 2, iPhone 17e, and More

March 17, 2026
Facebook X (Twitter) Instagram
Trending
  • Akur8 Acquires Slope Software to Enhance Actuarial Platform
  • BuzzFeed Launches AI-Driven Applications to Explore New Revenue Streams
  • Profile of Daniel Ruhman, CEO of Cumbuca
  • Apple’s September Announcements: MacBook Neo, AirPods Max 2, iPhone 17e, and More
  • Upvest Secures $125 Million to Modernize Banking Infrastructure in Europe
  • Californian Companies Lead US FinTech Transactions in Q2 with a 19% Year-Over-Year Growth in Deal Activity
  • Exposing the Anti-Money Laundering Blind Spot in South Africa’s Illegal Gambling Sector
  • Amazon Introduces 1-Hour and 3-Hour Delivery Services in the U.S.
Facebook X (Twitter) Instagram Pinterest Vimeo
Fintechbits
  • News

    Akur8 Acquires Slope Software to Enhance Actuarial Platform

    March 17, 2026

    Upvest Secures $125 Million to Modernize Banking Infrastructure in Europe

    March 17, 2026

    Exposing the Anti-Money Laundering Blind Spot in South Africa’s Illegal Gambling Sector

    March 17, 2026

    The Potential of Angola’s Fintech Ecosystem in 2026

    March 17, 2026

    Leveraging Natural Language Processing for Alpha Extraction in Financial Markets

    March 17, 2026
  • AI

    Africa’s Fintech Future Highlights the Opening of IFF 2026 in Kigali

    March 17, 2026

    Algeria’s Fintech Ecosystem in 2026: Strategies for Building Momentum

    March 16, 2026

    Exploring the Concept of Bloxx in The Fintech Times

    March 15, 2026

    Mastercard Launches Unified Global Commerce Suite to Enhance Cross-Border SME Payments in APAC

    March 15, 2026

    Bybit Connects Traditional Banking and Digital Assets Through Direct AED Trading Pairs

    March 15, 2026
  • Acquisitions

    Californian Companies Lead US FinTech Transactions in Q2 with a 19% Year-Over-Year Growth in Deal Activity

    March 17, 2026

    Brazilian Companies Lead LatAm FinTech Transactions in Q3 with 54% Quarter-over-Quarter Growth

    March 16, 2026

    Latin American FinTech Investments Decline by 50% Year-over-Year in Q4 2025 Amid Increased Investor Caution

    March 15, 2026

    What Makes a Fintech an Attractive Acquisition Target Versus One Headed for a Distressed Sale?

    February 20, 2026

    MrBeast’s Company Acquires Fintech App Targeting Gen Z

    February 10, 2026
  • Trends

    European FinTech 2025 Is Back and Means Business

    March 16, 2026

    Subscription Payment Fatigue Is Coming for Children’s Services

    March 16, 2026

    Green Fintech: 5 Proven Reasons It Goes Beyond a Compliance Checkbox

    March 16, 2026

    Claude overtakes ChatGPT as AI trust debate intensifies

    March 16, 2026

    Eleven companies, eighty-three days: the race for a federal crypto-banking license

    March 15, 2026
  • Insights

    US Maintains Status as Premier Global WealthTech Hub Despite 47% Decline in Deal Activity in 2025

    March 16, 2026

    Green Fintech: 5 Proven Reasons It Goes Beyond a Compliance Checkbox

    March 16, 2026

    European FinTech Investments Decline 11% Year-Over-Year Due to Market Uncertainties in 2025

    March 16, 2026

    Nevada Emerges as a Leading US WealthTech Hub in Q4 2025 with 27% Year-Over-Year Growth in Deal Activity

    March 16, 2026

    Asian FinTech Funding Reaches Five-Quarter High at End of 2025 Fueled by 4.5x Year-over-Year Increase in Large Transactions

    March 15, 2026
  • Rumors

    Gilead Snaps Up Arcellx in $7.8B Most cancers Drug Deal

    March 14, 2026

    Tilly’s Inventory Pops After This autumn Earnings Shock

    March 14, 2026

    Elliott and Jana Take Recent Actions Alongside Other Speculations

    February 22, 2026

    Hank Payments (TSX) Rises to CAD 0.26 on February 18, 2026: Catalyst Analysis

    February 19, 2026

    Abivax CEO refers to Eli Lilly acquisition speculation as a diversion.

    February 8, 2026
  • Startups

    BuzzFeed Launches AI-Driven Applications to Explore New Revenue Streams

    March 17, 2026

    Apple’s September Announcements: MacBook Neo, AirPods Max 2, iPhone 17e, and More

    March 17, 2026

    Amazon Introduces 1-Hour and 3-Hour Delivery Services in the U.S.

    March 17, 2026

    Jensen Huang Elevates Nvidia’s Blackwell and Vera Rubin Sales Projections to $1 Trillion Level

    March 17, 2026

    Picsart Introduces AI Assistant Hiring Capabilities for Creators via Agent Marketplace

    March 17, 2026
  • finjobsly
Fintechbits
Home » Gavin Newsom signs AI bills aimed at combating election deepfakes like those spread by Elon Musk
AI in Finance

Gavin Newsom signs AI bills aimed at combating election deepfakes like those spread by Elon Musk

4 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
6a209490 74fe 11ef Bfeb 70839ba4c3d4.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

California Gov. Gavin Newsom has signed three bills aimed at combating the misuse of videos, audio and images created by artificial intelligence, part of a broader effort to crack down on election deepfakes.

Newsom had sworn to pass the legislation after billionaire tech CEO Elon Musk circulated a deepfake video on his platform, X, in July featuring altered images of Vice President and Democratic presidential candidate Kamala Harris.

The governor signed the bills during an informal discussion with Salesforce (CRM) CEO Marc Benioff at the annual Dreamforce conference in San Francisco on Tuesday.

Assembly Bill 2355 will require political ads to disclose whether they used generative AI to create or modify elements appearing in the ad. AB 2655 will own major online platforms, such as Meta (META), responsible for failing to remove or label misleading election content within 72 hours of receiving a report from a user.

And AB 2839 The law prohibits individuals from creating or posting misleading content about candidates and election workers, created using AI, within 120 days before and 60 days after an election. The measure also allows a judge to order the removal of the content and impose a fine. The measure contains an emergency clause – taking effect immediately.

The fake Kamala Harris audio recording shared by Elon Musk reached nearly 140 million views over the summer. In the deepfake, Harris’ voice is altered to say, “I, Kamala Harris, am your Democratic nominee for president because Joe Biden has finally exposed his senility,” adding that she was chosen “because I am the ultimate diversity recruit” as a “woman and a person of color.”

The video included edited clips of past appearances by the vice president, but used an AI-generated voice. The YouTuber who originally posted the video revealed that it was a parody. But Musk stopped short of calling the content misleading, writing instead, “This is incredible.” The post was an apparent violation of X’s rules.

At the time, Newsom fired back at Musk, posting on X: “Manipulating a voice in an ‘ad’ like this should be illegal. I will be signing a bill in a few weeks to make sure it is.”

California has taken the lead in regulating artificial intelligence, introducing a wave of laws this year. Despite fears of overregulation of the emerging technology, analysts say the new laws are a step in the right direction.

“I think it will be positive and it will also encourage people to advertise more on these platforms,” Paul Meeks, chief investment officer of Harvest Portfolio Management, told Yahoo Finance.

“In recent years, all the protective measures have been put in place by the European Union. We live under the 1996 regulation and have not changed it since. We are essentially playing second fiddle to the EU on this issue, when we should probably be the leader.”

Newsom also signed two SAG-AFTRA-related bills — AB 2602 and AB 1836 — aimed at protecting artists from unauthorized use of AI. Last year, SAG-AFTRA members went on strike against major studios and streamers. Artists said victory when their new contract offered compensation for the use of their “digital doubles.”

Perhaps the most controversial AI bill still on Newsom’s desk is SB 1047. artificial intelligence The measure, introduced by Democratic Sen. Scott Wiener, would require AI developers of large models to undergo safety testing before deploying the technology.

The bill, SB 1047, has deeply divided the tech and political communities, many of whom believe it will stifle innovation. Its supporters say it will force tech companies including OpenAI, Meta, and Google (GOOG), to be aggressive in ensuring that new AI features are safe.

While Newsom has not indicated whether he plans to sign or veto the bill, people familiar with the matter say he may side with his longtime ally, former House Speaker Nancy Pelosi, who has criticized it.

Yasmin Khorram is a senior journalist at Yahoo Finance. Follow Yasmin on Twitter/X @Yasmin Khorram and on LinkedInSend interesting information to Yasmin: yasmin.khorram@yahooinc.com

Click here for the latest tech news that will impact the stock market

Read the latest financial and business news from Yahoo Finance

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Africa’s Fintech Future Highlights the Opening of IFF 2026 in Kigali

March 17, 2026

Algeria’s Fintech Ecosystem in 2026: Strategies for Building Momentum

March 16, 2026

Exploring the Concept of Bloxx in The Fintech Times

March 15, 2026
Leave A Reply Cancel Reply

Latest news

Akur8 Acquires Slope Software to Enhance Actuarial Platform

March 17, 2026

BuzzFeed Launches AI-Driven Applications to Explore New Revenue Streams

March 17, 2026

Profile of Daniel Ruhman, CEO of Cumbuca

March 17, 2026
News
  • AI in Finance (2,163)
  • Breaking News (213)
  • Corporate Acquisitions (84)
  • Industry Trends (280)
  • Jobs Market News (338)
  • Market Insights (301)
  • Market Rumors (308)
  • Regulatory Updates (214)
  • Startup News (1,361)
  • Technology Innovations (230)
  • uncategorized (9)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,163)
  • Breaking News (213)
  • Corporate Acquisitions (84)
  • Industry Trends (280)
  • Jobs Market News (338)
  • Market Insights (301)
  • Market Rumors (308)
  • Regulatory Updates (214)
  • Startup News (1,361)
  • Technology Innovations (230)
  • uncategorized (9)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.