Enlarge (credit: Aurich Lawson | Getty Images) Microsoft has escaped the recent backlash against the power and wealth of the biggest US tech companies. Despite a stock market value that has soared to more than $2 trillion on its dominance of various parts of the business software market, it has avoided a repeat of the […]
Enlarge (credit: Wired | Getty Images) If you want to know how worried an industry is about a piece of pending legislation, a decent metric is how apocalyptic its predictions are about what the bill would do. By that standard, Big Tech is deeply troubled by the American Innovation and Choice Online Act. The infelicitously […]
Enlarge (credit: Aurich Lawson) Four U.S. Senators have sent a letter to Federal Trade Commission Chairwoman Lina Khan expressing concern about Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard, according to a Wall Street Journal report. In the letter, Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Cory Booker (D-NJ), and Sheldon Whitehouse (D-RI) express worry […]
Enlarge (credit: James Leynse/Corbis) The Department of Justice is throwing its weight behind an antitrust bill working its way through the Senate, with the department saying that it needs new tools to help police markets dominated by platforms such as Amazon, Meta (formerly Facebook), Apple, and Google. “The Department views the rise of dominant platforms […]
Federal regulators could still fight the $8. 5 billion acquisition, but lawmakers have the most power to stem tech consolidation. Read More
The loading giant’s latest trial looks like it’s aimed at password sharing, but Netflix hasn’t shown much appetite for a crackdown. Read More
(credit: Dave Rutt ) Two Democratic lawmakers introduced a new bill on Wednesday that would institute a host of new regulations to scrutinize mergers, including a prohibition of those valued at more than $5 billion. The Prohibiting Anticompetitive Mergers Act , sponsored by Sen. Elizabeth Warren (D-Mass. ) and Rep. Mondaire Jones (D-N. Y. ), […]
Enlarge / KRAKOW, POLAND – 2018/08/20: Social media apps with European Union flag are seen in this photo illustration. The European Commission is planning issue a regulation that allows to fine social media platforms and websites if they don’t delete extremist post within one hour. (Photo by Omar Marques/SOPA Images/LightRocket via Getty Images) Regulators in […]
(credit: Getty Images) Amazon lied to Congress about its use associated with third-party seller data, the House Judiciary Committee said today. In a letter to the Department of Justice, the committee chairs asked prosecutors to investigate the company} for criminal obstruction of Congress. “Amazon lied through a senior executive’s sworn testimony that Amazon did not […]
It’s getting ahead of regulators in the right way. Read More