Enlarge / Berners-Lee reflecting on the creation of the World Wide Web. (credit: Courtesy Sotheby’s) Two weeks ago, World Wide Web creator Tim Berners-Lee sent an NFT of the web’s original source code to the auction block with a starting bid of just $1,000. Yesterday, Sotheby’s announced that the crypto asset sold for $5.4 million. […]
Enlarge / Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee nomination hearing on Capitol Hill on April 21, 2021, in Washington, DC. (credit: Graeme Jennings-Pool/Getty Images) Amazon filed a 25-page petition today with the FTC asking that Chairwoman Lina Khan recuse herself from antitrust investigations into the company. Khan, a frequent […]
Enlarge (credit: Halil Sagirkaya / Anadolu Agency) After years of relative calm, Google and Microsoft are tossing out their ceasefire, a move that—perhaps ironically—could bring each company additional antitrust scrutiny. The non-aggression pact, signed five years ago, let the two companies set aside their numerous lawsuits. It also created a process by which they could […]
Enlarge After coming close to imposing a near-total ban on municipal broadband networks, Ohio’s Republican-controlled legislature has reportedly dropped the proposed law in final negotiations over the state budget. The final budget agreement “axed a proposal to limit local governments from offering broadband services,” The Columbus Dispatch wrote. With a June 30 deadline looming, Ohio’s […]
Enlarge / Amazon leases its fleet of planes from a handful of cargo airlines, some of which have signed contracts that give the retailer the right to buy stock in the company. (credit: Jason Alden/Bloomberg) Amazon is making some vendors and suppliers offers they can’t refuse. As part of large contracts with the retailer, companies […]
Enlarge / A sign in front of an AT&T retail store on May 17, 2021, in San Rafael, California. (credit: Getty Images | Justin Sullivan) AT&T says fiber Internet is a “superior” technology that is built for today and the future because of its ability to deliver symmetrical upload and download speeds of 1Gbps and […]
Enlarge / An Amazon Flex driver delivers an armload of packages in Cambridge, Mass., on Dec. 18, 2018. (credit: Pat Greenhouse | The Boston Globe | Getty Images) Locked gates, inclement weather, and bad selfies—all reasons drivers report that they were fired by the bots that apparently run human resources for Amazon’s Flex delivery program. […]
Enlarge / President Joe Biden delivers remarks on the Senate’s bipartisan infrastructure deal at the White House on June 24, 2021. (credit: Getty Images | Kevin Dietsch ) President Joe Biden announced a $65 billion broadband-deployment deal Thursday with Senate Republicans and Democrats, but he provided no details on whether the plan will prioritize municipal […]
Enlarge (credit: iStock | Getty Images) The UK competition regulator has opened an investigation into Amazon and Google over fake reviews on their sites that may be duping consumers. The Competition and Markets Authority (CMA) said the two companies may not have done enough to detect and remove fake reviews or to take action against […]
Enlarge (credit: Getty Images | MichaelJay) The House Judiciary Committee approved antitrust legislation that could prohibit platform operators like Amazon, Apple, Google, and Facebook from favoring their own products and services, and the legislation could even break up industry giants by forcing them to eliminate or sell certain divisions. Companies could also face fines of […]