Big Tech
BofA: Big tech-led equity inflows fuelling ‘mother-of-all asset bubbles’
A record rush to ‘big tech’ stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-al...
Big Tech’s Democratic critics discuss ways to strike back with White House
Congressional Democrats have begun discussions with the Biden regime on ways to crack down on Big Tech. These include making social media companies accountable for the spread of di...
US senators propose limiting social media platforms liability shield
Three senators have introduced a bill that would limit Section 230, an existing law that shields online platforms from liability over the content posted by users, and make the comp...
EU versus ‘Big Tech’ hearing pushed back by two months
EU lawmakers, who are gearing up to curb the power of US tech giants, have told Amazon, Apple, Facebook and Google that they are willing to push back a proposed the 1st of February...
Australia now takes on Google advertising dominance
An Australian ruler is thinking about letting net users choose what private information companies like Google share with advertisers, as part of the country’s efforts to shat...
European Union tells ‘Big Tech’ to extend fake news watch
The European Commission has advised Google, Facebook, Twitter and Microsoft to keep yearly reports on their efforts to handle fake news, particularly on coronavirus, for the next s...
EU wants Amazon, Apple, Facebook and Google CEOs at February hearing
EU lawmakers have invited the CEO’s of Amazon.com, Apple, Facebook and Alphabet into a 1st of February hearing in Brussels as they attempt to crack down on the forces of US t...
Biden eyes ex-Obama team to ‘tackle’ antitrust issues
Two former Obama staffers have emerged as front-runners to the top antitrust job at the US Department of Justice under the incoming administration of Joe Biden, based on two source...
Parler’s website is back online, but the app still not in stores
The founder and Chief Executive Officer of the wildly popular social media platform Parler, which is popular with free speech advocates is back online in a strictly limited way. Th...
Google to pause US political ads ahead of presidential inauguration
Google will stop selling political ads referencing US elections over its various platforms until at least the 21st of January, following last week’s violence at the Capitol, ...
President Trump claims Big Tech is dividing the country
President Donald Trump blamed Big Tech companies on Tuesday for dividing the Nation days Following Twitter and Facebook Prohibited him in their platforms for allegedly encouraging ...
Big Tech’s stealth push to influence the Biden administration
Silicon Valley is operating behind the scenes to secure senior functions for technology allies in lesser-known but still vital sections of president-elect Joe Biden’s adminis...
Irish watchdog fines Twitter in landmark for EU data privacy regime
Ireland’s data regulator has fined Twitter 450,000 euros (approximately $547,000) to get a bug that made some personal tweets general public, the very first sanction from a m...
China to crank up anti-trust heat on Big Tech after unprecedented fines
China’s unprecedented anti-trust squeeze onto its technology giants isn’t only just beginning.