Big Tech’s outsized influence draws state-level pushback
3 years, 8 months ago

Big Tech’s outsized influence draws state-level pushback

Associated Press  

New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. “Traditional antitrust enforcement doesn’t work because Big Tech has become too big and too powerful.” Tech companies aren’t content to play defense. “These things get hacked all the time, so you know, your data can end up in Russia.” His bill would extend existing limitations on smart televisions and would require companies such as Amazon, which markets Echo smart speakers, to obtain permission before they can record, transcribe or sell information from any conversation. Supporters say the law seeks to modernize the state’s tax system and make thriving tech companies pay their fair share. It would assess the tax on revenue tech companies make on digital “Companies like Amazon, Facebook and Google have seen their profits drastically increase during the COVID-19 pandemic while our Main Street businesses are struggling to keep up,” said Maryland Senate President Bill Ferguson, a Democrat who Opponents have challenged the law in federal court and say it violates the Internet Tax Freedom Act, which prohibits states from imposing “multiple and discriminatory taxes on electronic commerce.” The wave of state legislation follows growing public consciousness over the power of Big Tech and the companies’ ever-expanding influence, said Samir Jain, the director of policy at the Washington, D.C.-based Center for Democracy & Technology.

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History of this topic

What does Big Tech hope to gain from warming up to Donald Trump?
5 days, 23 hours ago

What does Big Tech hope to gain from warming up to Donald Trump?

India Today  

NEW YORK: In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple's Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank's Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes office …

What does Big Tech hope to gain from warming up to Trump?
6 days, 4 hours ago

What does Big Tech hope to gain from warming up to Trump?

Associated Press  

NEW YORK — In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple’s Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank’s Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes …

Antitrust enforcers prepare final blitz against Big Tech
1 month ago

Antitrust enforcers prepare final blitz against Big Tech

Live Mint  

WASHINGTON—The Biden administration’s top antitrust officials plan to take more shots at the tech industry before leaving office, in a race to cap four years of aggressive enforcement. “The government putting its thumb on the scale in these ways would harm consumers, developers and American technological leadership," said Lee-Anne Mulholland, Google’s vice president of regulatory affairs. The department’s antitrust division …

Tech Giants Brace for AI Revamp in Trump 2.0
1 month, 2 weeks ago

Tech Giants Brace for AI Revamp in Trump 2.0

Deccan Chronicle  

Silicon Valley is bracing for a vastly different relationship with the US government as Donald Trump returns to the White House with promises to undo many of his predecessor’s policies and Elon Musk poised to play an influential role. Trump may seek to preserve Biden’s recent memorandum making AI a national security priority and pressing agencies to maintain US leadership …

DC Edit | Google fine: Caveat for Big Tech
4 months, 2 weeks ago

DC Edit | Google fine: Caveat for Big Tech

Deccan Chronicle  

After a six-year-long antitrust lawsuit against Google, a US court declared that Alphabet, Google’s owner, has illegally monopolised the search market through exclusive deals with mobile handset makers. Judge Amit Mehta, who delivered this verdict, said Alphabet paid $26 billion to make its search engine the default option on smartphones and web browsers, and effectively blocked any other competitor from …

Opinion: AI and privacy rules meant for Big Tech could hurt small businesses most
7 months ago

Opinion: AI and privacy rules meant for Big Tech could hurt small businesses most

LA Times  

The company that makes Roomba and Braava cleaning tools was not allowed to be acquired by Amazon and has had hard times since that fell through. As lawmakers and regulators in the U.S. consider policy born of their Big Tech concerns such as data privacy and artificial intelligence, they should carefully consider how such changes could end up trampling the …

Mozilla, DuckDuckGo support bill to rein Big Tech
2 years, 3 months ago

Mozilla, DuckDuckGo support bill to rein Big Tech

The Hindu  

A group of 13 companies urged the U.S. Congress on Tuesday to approve a bill that would rein in giant tech companies like Alphabet's Google and Meta's Facebook. DuckDuckGo, Mozilla, Proton and other companies that advertise themselves as pro-privacy expressed support for a bill to ban self-preferencing by Big Tech platforms like Google and Amazon.com. In a letter to Senate …

GOP splinters over effort to crack down on Big Tech
2 years, 6 months ago

GOP splinters over effort to crack down on Big Tech

Salon  

In America's current political climate, there are a vanishingly small number of issues on which Democrats and Republicans in Congress can make common cause. RELATED: Amazon, Facebook and other tech giants paid almost $100B less in taxes than they claimed: analysis To make his case, Paul argues that consumers benefit from a popular business tactic in Big Tech called "vertical …

With landmark antitrust legislation looming, Big Tech CEOs pay a visit to Congress
2 years, 6 months ago

With landmark antitrust legislation looming, Big Tech CEOs pay a visit to Congress

CNN  

CNN — As Senate lawmakers embark on a final, urgent push to pass landmark antitrust legislation to reshape the tech industry, Big Tech is bringing out its heaviest hitters to influence the members whose votes could decide the bill’s fate. Next week, Google CEO Sundar Pichai will travel to Washington to meet with US lawmakers, two people familiar with the …

Big Tech Anti-Trust Bill Has Votes Needed to Pass, Says US Lawmaker
2 years, 6 months ago

Big Tech Anti-Trust Bill Has Votes Needed to Pass, Says US Lawmaker

News 18  

WASHINGTON: A top Democratic lawmaker on antitrust issues said Tuesday a bill aimed at reining in the market power of Big Tech platforms like Amazon.com and Alphabet's Google had the votes to pass the both chambers of Congress in the next few weeks. On the sidelines of an event to rally support for measures before the Senate and House of …

U.S. bill to rein in Big Tech backed by dozens of small and big companies
2 years, 6 months ago

U.S. bill to rein in Big Tech backed by dozens of small and big companies

The Hindu  

Dozens of companies and business organisations sent a letter to U.S. Congress members on Monday, urging them to support a bill that would rein in the biggest tech companies such as Amazon.com and Alphabet's Google. Senator Amy Klobuchar and lawmakers from both parties said they had the Senate votes needed to pass legislation that would prevent tech platforms, including Apple …

EU antitrust chief calls for global approach towards tech giants
2 years, 7 months ago

EU antitrust chief calls for global approach towards tech giants

The Hindu  

Europe's antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards Big Tech to prevent companies taking advantage of enforcement gaps. Vestager, who has handed out billions of euros in fines to Alphabet's Google and launched investigations into Apple, Amazon and Meta Platform's Facebook, said …

Big Tech vs Red Tech and Diminishing Democracy in Digital Age
2 years, 10 months ago

Big Tech vs Red Tech and Diminishing Democracy in Digital Age

News 18  

In the third decade of the twenty-first century, democracies face a new adversary — technology. While the United States and the European Union have enabled the creation of penetrated and argumentative democracies — wherein all countries and civil society organisations can advocate for the regulation of big tech or the promulgation of General Data Protection Regulation standards — China has …

Reining in the power of tech giants
2 years, 10 months ago

Reining in the power of tech giants

The Hindu  

The story so far: On January 20, the U.S. Senate Committee on the Judiciary approved a bill that would prohibit Big Tech platforms, such as Amazon.com Inc., Facebook-owner Meta Platforms Inc., Apple Inc. and Alphabet Inc.’s Google, from favouring their products and services or ‘self-preferencing’. The American Innovation and Choice Online Act was introduced in Senate on October 18, 2021, …

Big moves in ‘Big Tech’
2 years, 11 months ago

Big moves in ‘Big Tech’

The Hindu  

For the Big Tech companies – Alphabet, Amazon, Apple, Meta, Microsoft, and Twitter, 2021 was another eventful year as each one of them navigated through various challenges, while bringing out new products and services for the consumers. Facebook and Apple came under much public outrage with Frances Haugen’s revelations of Facebook’s internal policies and Apple’s new on-device machine learning technology …

U.S. bill would stop Big Tech favouring its own products
3 years, 2 months ago

U.S. bill would stop Big Tech favouring its own products

The Hindu  

About a dozen U.S. senators from both parties on Monday formally introduced a bill that would bar Big Tech platforms, like Amazon and Alphabet's Google, from favoring their products and services. Senators Amy Klobuchar and Chuck Grassley's bill would prohibit platforms from requiring companies operating on their sites to purchase the platform's goods or services and ban them from biasing …

Big Tech to face another bipartisan U.S. antitrust bill
3 years, 2 months ago

Big Tech to face another bipartisan U.S. antitrust bill

The Hindu  

A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech platforms, like Amazon and Alphabet's Google, from favouring their products and services. This bill, which Klobuchar's office said would be introduced early next week, would be a companion to a measure which has passed …

Antitrust actions have a long timeline
3 years, 2 months ago

Antitrust actions have a long timeline

China Daily  

A child takes part in an art exhibition using virtual reality devices at an art museum in Hangzhou, Zhejiang province, earlier this month. Big antitrust actions have come at key moments in history－mostly on the heels of big technological breakthroughs, which the innovators have used to grab a larger share of the market leading to big profit windfalls. China has …

Regulations for big tech firms a global trend
3 years, 2 months ago

Regulations for big tech firms a global trend

China Daily  

JIN DING/CHINA DAILY In the United States, the executive branch, courts and the Congress are moving to restrict the dominance of the US tech giants. Big Tech's market cap over $9 trillion The combined market capitalization of the largest five high-tech giants reflects their dominance. Over the past decade, criticism against Big Tech has intensified, as evidenced by expanded antitrust …

Regulations for big tech firms a global trend
3 years, 2 months ago

Regulations for big tech firms a global trend

China Daily  

JIN DING/CHINA DAILY In the United States, the executive branch, courts and the Congress are moving to restrict the dominance of the US tech giants. Big Tech's market cap over $9 trillion The combined market capitalization of the largest five high-tech giants reflects their dominance. Over the past decade, criticism against Big Tech has intensified, as evidenced by expanded antitrust …

Antitrust actions have a long timeline
3 years, 2 months ago

Antitrust actions have a long timeline

China Daily  

A child takes part in an art exhibition using virtual reality devices at an art museum in Hangzhou, Zhejiang province, earlier this month. Big antitrust actions have come at key moments in history－mostly on the heels of big technological breakthroughs, which the innovators have used to grab a larger share of the market leading to big profit windfalls. China has …

Explained | Why is the U.S. readying new rules for the tech giants?
3 years, 5 months ago

Explained | Why is the U.S. readying new rules for the tech giants?

The Hindu  

The story so far: On June 24, the U.S. House of Representatives Judiciary Committee voted to advance six Bills outlawing business practices that sit at the core of tech companies such as Google, Facebook, Amazon and Apple. The Platform Competition and Opportunity Act would prevent big tech companies from nipping competition in the bud by buying up smaller rivals, like …

Break them up? 5 ways Congress is trying to rein in Big Tech
3 years, 5 months ago

Break them up? 5 ways Congress is trying to rein in Big Tech

Associated Press  

WASHINGTON — Groundbreaking legislation is advancing in Congress that would curb the market power of tech giants Facebook, Google, Amazon and Apple and could force them to untie their dominant platforms from their other lines of business. The measures seek to rein in the tech giants in five ways: BREAKING THEM UP The legislation would bar the four companies from …

House panel pushes legislation targeting Big Tech’s power
3 years, 5 months ago

House panel pushes legislation targeting Big Tech’s power

Associated Press  

WASHINGTON — A House panel pushed ahead Wednesday with ambitious legislation that could curb the market power of tech giants Facebook, Google, Amazon and Apple and force them to sever their dominant platforms from their other lines of business. Many state attorneys general have pursued antitrust cases against big tech companies, and many states joined with the U.S. Justice Department …

Biden elevates energetic critic of Big Tech as top regulator
3 years, 6 months ago

Biden elevates energetic critic of Big Tech as top regulator

Associated Press  

WASHINGTON — President Joe Biden on Tuesday installed an energetic critic of Big Tech as a top federal regulator at a time when the industry is under intense pressure from Congress, regulators and state attorneys general. The selection of legal scholar Lina Khan to head the Federal Trade Commission is seen as signaling a tough stance toward tech giants Facebook, …

Is Big Tech prioritising power over innovation
3 years, 6 months ago

Is Big Tech prioritising power over innovation

The Hindu  

A moment’s gaze at people’s digital lifestyle reveals how their online experience has become a function of roughly a dozen applications that are powered by a few large firms. Taken together, these tech giants have a combined market value of $5 trillion and wield power over almost every single smartphone user’s digital life. Fortnite game maker Epic Games took Apple …

Bills that could force Big Tech breakups unveiled in House
3 years, 6 months ago

Bills that could force Big Tech breakups unveiled in House

The Hindu  

A group of House lawmakers has put forward a sweeping legislative package that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other lines of business. It concluded that the four tech giants have abused their market power by charging excessive fees, imposing tough contract terms …

Bills that could force Big Tech breakups unveiled in House
3 years, 6 months ago

Bills that could force Big Tech breakups unveiled in House

Associated Press  

WASHINGTON — A group of House lawmakers put forward a sweeping legislative package Friday that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other lines of business. The subcommittee said Amazon and Apple have “significant and durable market power” in the U.S. online retail market, …

U.S. House lawmakers introduce bipartisan bills to target Big Tech
3 years, 6 months ago

U.S. House lawmakers introduce bipartisan bills to target Big Tech

The Hindu  

Lawmakers in the U.S. House of Representatives introduced four bills on Friday aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust. One measure bans platforms from owning subsidiaries that operate on their platform if those subsidiaries compete with other businesses - potentially forcing the Big Tech firms to …

House lawmakers introduce Big Tech bills that could break up Amazon, Google and others
3 years, 6 months ago

House lawmakers introduce Big Tech bills that could break up Amazon, Google and others

CNN  

CNN Business — Tech giants including Amazon, Apple, Facebook and Google could be forced to make sweeping changes to their businesses under a series of new bills introduced Friday by House lawmakers targeting the companies’ economic dominance. “In such instances the bill requires dominant platforms to divest lines of business where the platform’s gatekeeper power allows it to favor its …

The battle of our times: State versus Big Tech
3 years, 6 months ago

The battle of our times: State versus Big Tech

Hindustan Times  

The battle between governments and Big Tech around the world is not surprising — both want to control information, and thereby, power. Information is at the core of any power structure and what governments and Big Tech are fighting about is control — who gets to control information and, therefore, the narrative Romantics see Big Tech as a unifying, liberating …

US House Antitrust Panel Is Going After Tech Giants With 10 or More Laws
3 years, 9 months ago

US House Antitrust Panel Is Going After Tech Giants With 10 or More Laws

News 18  

Democratic Representative David Cicilline, chairman of the House Judiciary Committee?s antitrust panel, is preparing to come out with 10 or more pieces of legislation targeting Big Tech companies, a source with knowledge of the matter said on Sunday. The subcommittee, under Cicilline?s leadership, released a 449-page report in October last year, which detailed abuses of market power by Apple, Amazon, …

A Digital Tech New Deal to break up Big Tech
4 years, 1 month ago

A Digital Tech New Deal to break up Big Tech

Al Jazeera  

Antitrust efforts in the US are not enough to counter the global power of Big Tech. Big Tech is global Neo-Brandeisian scholars intend to restructure Big Tech within a framework of US law, spearheaded by US thinkers. After “restoring competition” to the tech economy, those who will dominate as “new market entrants” on the “open” internet will still be companies …

Google Lawsuit Marks End Of Washington's Love Affair With Big Tech
4 years, 2 months ago

Google Lawsuit Marks End Of Washington's Love Affair With Big Tech

NPR  

Google Lawsuit Marks End Of Washington's Love Affair With Big Tech Enlarge this image toggle caption Don Ryan/AP Don Ryan/AP This week could mark the official end of the long love affair between Washington and Silicon Valley. Even the Justice Department acknowledged that in this week's lawsuit, describing Google in its early days as "a scrappy startup with an innovative …

House antitrust report: Why Big Tech monopolies are so powerful
4 years, 2 months ago

House antitrust report: Why Big Tech monopolies are so powerful

CNN  

CNN — The biggest finding from this week’s House antitrust report on Big Tech isn’t that Amazon, Apple, Google and Facebook are monopolies. Follow the data The report — published Tuesday by Democrats leading the House Judiciary Committee’s antitrust panel after a 16-month investigation into Big Tech — catalogs several cases of tech companies wielding an advantage in data against …

House panel says big tech wields monopoly power
4 years, 2 months ago

House panel says big tech wields monopoly power

Live Mint  

America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. The report released Tuesday from Democratic staff of the House Antitrust Subcommittee capped a 16-month inquiry into the market power …

Congress Unveils Its Plan to Curb Big Tech’s Power
54 years, 11 months ago

Congress Unveils Its Plan to Curb Big Tech’s Power

Wired  

Anyone who's paid even slight attention to the congressional investigation of the power wielded by tech giants won't be surprised by the report released Tuesday by the subcommittee’s Democrats. The report, which ends a 16-month investigation and includes a trove of internal documents, lays out the most thorough case yet that Big Tech exploits its advantages in unfair ways. As …

Five things to know about the Big Tech antitrust report
4 years, 2 months ago

Five things to know about the Big Tech antitrust report

Associated Press  

After years of calling Big Tech too big, Democratic lawmakers are calling for Congress to rein in Facebook, Google, Amazon and Apple by breaking them up, limiting future mergers and blocking self-dealing that could hurt competitors. BYE BYE, BUY BUY BUY The report attributes the “significant and durable market power” of the companies in large part to “a high volume …

Democrats call for Congress to rein in, break up Big Tech
4 years, 2 months ago

Democrats call for Congress to rein in, break up Big Tech

Associated Press  

WASHINGTON — Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to break up their businesses, while making it harder for them to acquire others and imposing new rules to safeguard competition. “By controlling access to markets, these giants can pick winners and losers throughout our economy.” In addition to proposing …

US lawmakers say Google, Amazon, Facebook and Apple are anti-competition, Big Tech disagrees
4 years, 2 months ago

US lawmakers say Google, Amazon, Facebook and Apple are anti-competition, Big Tech disagrees

India Today  

In a first-of-its kind report a US Senate Committee has alleged that the four big tech companies, which are Google, Apple, facebook and Amazon, are “kind of monopolies” last seen decades ago. The report that comes after testimonies of Google CEO Sundar Pichai, Apple CEO Tim Cook, Amazon CEO Jeff Bezos and Facebook CEO Mark Zuckerberg, note that the big …

U.S. House's antitrust report hints at break-up of Big Tech firms, lawmaker says
4 years, 2 months ago

U.S. House's antitrust report hints at break-up of Big Tech firms, lawmaker says

The Hindu  

The U.S. House of Representatives antitrust report on Big Tech firms contains a “thinly veiled call to break up” the companies, Republican Congressman Ken Buck said in a draft response seen by Reuters. The House antitrust subcommittee is expected to publish its report this week on Amazon.com Inc, Apple Inc, Facebook Inc and Google owner Alphabet Inc. A Buck representative …

House antitrust panel suggests breaking up big tech ‘monopolies’
4 years, 2 months ago

House antitrust panel suggests breaking up big tech ‘monopolies’

LA Times  

A House panel proposed a series of far-reaching antitrust reforms to curb the power of U.S. technology giants including Amazon.com Inc. and Alphabet Inc.’s Google, the result of a yearlong antitrust investigation that found the companies are abusing their dominance. The recommendations, contained in a 449-page report from the House antitrust subcommittee, represent the most dramatic proposal to overhaul competition …

At big tech hearing, non-denials speak louder than words
4 years, 4 months ago

At big tech hearing, non-denials speak louder than words

India Today  

At Wednesday's hotly anticipated congressional hearing on Big Tech CEOs, much of what they said was predictable: We're not that big; competition is fierce; consumers love us. Quizzed by Washington Congresswoman Pramila Jayapal, Amazon founder Jeff Bezos said that Amazon had a policy against using the data harvested from its sellers to boost its own business "but I can't guarantee …

US tech giants too powerful, antitrust panel chair warns
4 years, 4 months ago

US tech giants too powerful, antitrust panel chair warns

Live Mint  

Amazon, Apple, Google and Facebook are too powerful and will likely emerge from the coronavirus pandemic even stronger, the head of a US congressional antitrust committee said Wednesday at a high-stakes hearing featuring the CEOs of the four US tech giants. "Simply put, they have too much power," Representative David Cicilline said in his opening remarks at the hearing expected …

Mark Zuckerberg, Jeff Bezos, Sundar Pichai, Tim Cook are testifying before US Congress
4 years, 4 months ago

Mark Zuckerberg, Jeff Bezos, Sundar Pichai, Tim Cook are testifying before US Congress

Live Mint  

Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. The White House cited an earlier Trump executive order in that direction and his request …

GOP Dwells on ‘Bias in Big Tech’ as Facebook, Google Take Stand
4 years, 4 months ago

GOP Dwells on ‘Bias in Big Tech’ as Facebook, Google Take Stand

Bloomberg  

When four of the most prominent executives in American business testify before Congress Wednesday, the topic will ostensibly be whether they’ve used their market power to squelch competition. The Republican congressmen participating in the hearing Bloomberg Terminal are eager to talk about another issue: the tech industry’s supposed bias against conservatives. A confidential memo from Republican leadership preparing lawmakers for …

Heads Of Amazon, Apple, Facebook And Google Testify On Big Tech's Power
4 years, 4 months ago

Heads Of Amazon, Apple, Facebook And Google Testify On Big Tech's Power

NPR  

Heads Of Amazon, Apple, Facebook And Google Testify On Big Tech's Power Enlarge this image toggle caption Mandel Ngan/POOL/AFP via Getty Images Mandel Ngan/POOL/AFP via Getty Images Updated at 6:35 p.m. Cook said that "there are many reasons why" an app may not meet the App Store's guidelines, dismissing the suggestion that Apple squashed its competition to favor its own …

Bezos, Zuckerberg and other Big Tech chiefs answer to Congress on antitrust concerns
4 years, 4 months ago

Bezos, Zuckerberg and other Big Tech chiefs answer to Congress on antitrust concerns

LA Times  

Members of Congress were in rare bipartisan accord Wednesday in putting titans of Big Tech on the defensive about perceived abuses of their power, as the House antitrust subcommittee continued its year-old investigation of concentration across the digital realm. Simply put: They have too much power.” Since June 2019, the House Judiciary Committee’s subcommittee on antitrust issues has been investigating …

The world’s most powerful tech CEOs are about to be grilled by Congress. Here’s what to expect
4 years, 4 months ago

The world’s most powerful tech CEOs are about to be grilled by Congress. Here’s what to expect

CNN  

CNN Business — When Bill Gates went before Congress 22 years ago to respond to claims that Microsoft was unfairly muscling out its competition, he offered what’s since become a familiar Silicon Valley refrain. On Wednesday, the CEOs of the four companies — a group that includes two of the world’s richest men — are due to appear before the …

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