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The Big Tech Regulation Rigamarole

2020-10-15 14:00:00| TechNewsWorld

The Big Tech companies have arguably done what they want over the years, arousing consumer anger and distrust, and numerous complaints by privacy and consumer rights groups. That includes cocking a snook at governments. While all of the Big Tech firms have been hit with multimillion-dollar fines at one time or another, many argue that's a drop in the bucket for companies that rake in billions of dollars annually.

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Big Tech: Between a rock and a hard place

2020-10-07 08:12:28| BBC News | Business | UK Edition

Whoever wins the US elections, Big Tech is about to get clobbered.

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Congress vs. Big Tech: Breaking Up Is Hard (and Stupid) to Do

2020-08-03 13:00:00| TechNewsWorld

Like a lot of you, last week I watched the congressional testimony from the CEOs of Amazon, Apple, Facebook and Google -- and there were a lot of apparent things that were problematic. One is that there are folks in Congress that likely shouldn't be in Congress, and another is that each company has some serious issues they haven't dealt with.

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DoJ to Examine Big Tech Competitive Landscape

2019-07-25 12:13:18| TechNewsWorld

The DoJ has announced an antitrust probe into big tech, following several months of rumors that it was about to do so. The DoJ plans to review how the leading online platforms achieved market power and whether they have engaged in practices that reduced competition, stifled innovation, or otherwise harmed consumers. The department will consider widespread concerns.

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Proposed Law Would Force Big Tech to Reveal Value of Consumer Data

2019-06-25 12:15:22| TechNewsWorld

A Democrat and a Republican have filed a U.S. Senate bill to require companies to report to financial regulators and to the public what consumer data they collect and how they leverage it for profit. "When a big tech company says its product is free, consumers are the ones being sold," said Sen. Josh Hawley, R-Mo. "These 'free' products track everything we do."

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