Big Tech may be facing a special “data tax” in the state of New York which would apply to any company collecting and selling personal data, with the proceeds earmarked for digital literacy.
Though Silicon Valley would prefer data federal privacy laws that are favorable to them to a patchwork of state laws, Big Tech appears to be putting more effort into lobbying at the state level as of late.
While Big Tech's intent seems positive, the likely beneficiary of the recent Apple/Google privacy push is not the consumer but an effort to force the digital advertising world to restructure itself for their benefit.
It’s no secret that big tech giants hold some of the world’s biggest data repositories. With an unhealthy concentration of market power in the media industry through their exclusive “walled gardens'' of user data, where can the internet go from here?
As of 2019, Big Tech companies were not particularly popular as a new poll shows that negative views have increased since then, with only 34% of Americans now expressing any level of positive opinion.
Big Tech companies are feeling more pressure in Europe with the proposal of two new antitrust policies. Together the "Digital Markets Act" and "Digital Services Act" would limit use of personal and business data.
The FTC is expanding its investigations into the business dealings of Big Tech. Nine of the industry's biggest names have been asked to provide the agency with information about their data practices.
Recent Senate hearing on the Section 230 publishing protections that Big Tech platforms enjoy did not produce much in the way of productive results, but did formally open a federal-level dialogue.
Unlike the 18th and 19th century trading companies, today's tech giants use monopoly not to the benefit of the crown and a nation, but instead for their own personal benefit and the benefit of those wealthy enough to own their stock.
Big Tech companies answered to the House Judiciary Committee's antitrust subcommittee in Wednesday's hearing, which surprised observers with the intensity of its questioning.
