Business

The news Down Under

Facebook and Google are taking completely opposite approaches to a proposed law that would require them to pay for news in Australia. Read More

Tech

Nvidia wants to buy CPU designer Arm—Qualcomm is not happy about it

Enlarge / Some current Arm licensees view the proposed acquisition as highly toxic. (credit: Aurich Lawson / Nvidia) In September 2020, Nvidia announced its intention to buy Arm, the license holder for the CPU technology that powers the vast majority of mobile and high-powered embedded systems around the world. Nvidia’s proposed deal would acquire Arm from Japanese conglomerate […]

Business

Twitter shares dive as lawmakers see Trump ban as evidence for stronger Big Tech regulation

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Twitter’s share price fell by as much as 8% in pre-market trading Monday morning, following the company’s Friday decision to permanently suspend U.S. President Donald Trump’s account. Although the affected account (@realDonaldTrump) was the president’s […]

Tech

In a parting gift, EPA finalizes rules to limit its use of science

Enlarge / BARATARIA BAY, Lousiana – JULY 14: A young seagull rests on a boom used to contain the oil spill July 14, 2010. In the future, should this bird be killed by the oil, nobody could be held responsible. (credit: Mario Tama / Getty Images) With the days counting down to the inauguration of […]

Tech

Italy Penalties Apple $12 million on iPhone Advertising Asserts

Expand / The iPhone 11 Guru Max. (charge: Samuel Axon) Italy has hit Apple using a good for the nation’s regulators must be misleading advertising claims, although the good is just $10 million ($12 million)–a pittance out of a company like Apple. This time round, Italy’s Autorita Garante della Concorrenza e del Mercato (AGCM) asserts that […]

Business

Why it Could be a Massive mistake to Permit Big Tech Companies to Get banks

But, financial authorities started loopholes in Glass-Steagall throughout the 1980s and 1990s, enabling banks to engage in securities actions and allowing nonbanks to provide bank-like products.  “Australian banks” (banks participated in securities actions ) and also”shadow banks” (nonbanks offering bank-like solutions ) dominated our financial markets following Congress repealed Glass-Steagall at 1999. Universal shadow and […]

Business

The Way the new Law would Allow Companies Prevent the Legislation by classifying Workers as independent contractors

In my business –building –the problem of classifying employees as independent contractors attained crucial importance long until anybody talked of their”gig market” Over the previous few years, many businesses have changed from using workers to employing independent contractors. That is because independent builders price less than workers do.  Why? They take on almost no quantifiable […]

Business

Two government officials what many Enormous Tech critics have contended for decades: Lawmakers and regulators have done a terrible job of handling monopolies

Chairman of the House Judiciary Committee’s antitrust committee David Cicilline and Federal Trade Commissioner Rohit Chopra talked in an electronic event hosted by the Western Economic Liberties Project, a lobbying team focused on combating monopoly power. They implied that the U.S. wants new laws to stop employers from engaging in anticompetitive behaviour in addition to […]