Tag: big tech

U.S. Lawmakers Detail Big Tech’s Market Abuses and Press for Strict Reform

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A U.S. House of Representatives panel looking into abuses of market power by four big technology companies found they used “killer acquisitions” to smite rivals, charged exorbitant fees and forced small businesses into “oppressive” contracts in the name of profit. The antitrust subcommittee of the Judiciary Committee recommended that Alphabet Inc’s Google, Apple Inc, Amazon.com… Continue reading U.S. Lawmakers Detail Big Tech’s Market Abuses and Press for Strict Reform

Republican Senator Introduces Legislation to Curb Big Tech’s Ad Business

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Republican Senator Josh Hawley on Tuesday introduced legislation that would penalize large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry – the latest onslaught on Big Tech’s business practices. The bill, titled “Behavioral Advertising Decisions Are Downgrading Services (Bad Ads) Act,” aims to crack down on… Continue reading Republican Senator Introduces Legislation to Curb Big Tech’s Ad Business

Big Tech Could Emerge from Coronavirus Crisis Stronger than Ever

While the rest of the economy is tanking from the crippling impact of the coronavirus, business at the biggest technology companies is holding steady — even thriving. Amazon said it was hiring 100,000 warehouse workers to meet surging demand. Mark Zuckerberg, Facebook’s chief executive, said traffic for video calling and messaging had exploded. Microsoft said… Continue reading Big Tech Could Emerge from Coronavirus Crisis Stronger than Ever