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4:53 a.m. Oct. 17, 2020 - By Jonathan Burton
Jim Steyer: Only a breakup of Facebook and controls on social media can reduce disinformation and lies on the internet Neither Big Tech’s response nor the law have been strong enough to shield users from harm, says the founder of Common Sense MediaNeither Big Tech’s internal response nor the law have been strong enough to shield users from harm, says the founder of Common Sense Media.
1:21 p.m. Oct. 1, 2020 - By Jon Swartz
Here’s where Biden and Trump stand on antitrust, social media and other tech issues No matter who wins the presidential race, expect Big Tech to continue to be a target for Republicans and Democrats alikePresident Donald J. Trump and former Vice President Joseph R. Biden Jr. don’t agree on many issues, but they do share a wariness toward Big Tech that should maintain or even escalate antitrust scrutiny of the largest U.S. tech companies no matter who wins on Nov. 3.
5:12 p.m. Aug. 5, 2020 - Associated Press
Pompeo calls for ‘untrusted Chinese apps’ to be pulled from Apple, Google app stores Expansion of Chinese-tech crackdown comes without specifics, may be illegalU.S. Secretary of State Mike Pompeo on Wednesday called for a big expansion of U.S. government curbs on Chinese technology, saying that it wants to see “untrusted Chinese apps” pulled from the Google and Apple app stores
9:20 a.m. Aug. 4, 2020 - By Jon Swartz
Antitrust questions bruise but don’t break Big Tech CEOs in historic hearing After three hours of questions, expert calls hearing ‘a mix of antitrust ambush and political grandstanding’It was a bruising day tech’s biggest names on Capitol Hill.
3:42 p.m. July 27, 2020 - By John D. McKinnon
Trump administration asks FCC to rein in social media Commerce Department seeks reinterpretation of 1996 law amid complaints that right-wing voices are being unfairly silencedThe Trump administration moved forward with plans to regulate content on social-media platforms Monday, formally asking federal regulators to start overseeing how these platforms treat user-generated content.
2:23 p.m. July 22, 2020 - By Jon Swartz
Slack’s anticompetitive claim vs. Microsoft says the software giant feels ‘threatened’“All we want is fair competition,” said Slack general counsel David Schellhase, who is asking the EC to “referee.” “Slack threatens Microsoft’s hold on business email, the cornerstone of Office, which means Slack threatens Microsoft’s lock on enterprise software.”
7:33 a.m. July 14, 2020 - By Jon Swartz
Big Tech’s latest reckoning is coming as it continues to rack up record valuationsThe steep ascent of Big Tech, which is fueling a resurgent stock market despite a deepening pandemic, underscores the enduring power of the industry as consumption of it escalates in a work-from-home economy.
3:11 a.m. July 14, 2020 - By Tomi Kilgore
S&P 500 earnings set to plunge as the coronavirus batters all sectors — with Wall Street counting on a bounce that may not come Earnings are expected to improve, but by less than the stock market suggests — meanwhile, the November election loomsThe one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad, the worst in over 10 years.
3:28 p.m. June 30, 2020 - By Mike Murphy
FCC designates China's Huawei, ZTE as national security threatsThe Federal Communications Commission on Tuesday officially designated Chinese telecom-equipment companies Huawei Technologies Inc. and ZTE Corp. as national security threats, in a move to protect U.S. communication networks -- in particular, emerging 5G networks. "Both companies have close ties to the Chinese Communist Party and China's military apparatus, and both companies are broadly subject to Chinese law obligating them to cooperate with the country's intelligence services," FCC Chairman Ajit Pai . The designation means that money from the FCC's $8.3-billion-a-year Universal Service Fund may not be spent on Huawei or ZTE equipment or services. The decision mainly effects smaller, rural U.S. telecom companies. The FCC initially barred spending on Huawei and ZTE products .
1:01 a.m. June 29, 2020 - By Anna Helhoski
Scammers are preying on borrowers looking for student loan relief How to spot COVID-19 scams, and what to do if you get dupedLook for these two main types of scams, and how to know what is legit.
8:10 p.m. May 27, 2020 - By Jon Swartz
Trump to sign executive order on social-media companies on Thursday Unclear what order will entail, or what effect it will havePresident Donald Trump is poised to sign an executive order on social media companies Thursday, escalating his war on Twitter Inc., although it remains unclear what it will entail. A White House spokesperson confirmed the order late Wednesday, a day after Twitter issued its first fact-checking warning label to some of his tweets.
5:23 a.m. May 20, 2020 - By Steve Goldstein
Here are the ‘hot dogs’ that hedge funds have used to outperform this yearHedge funds have relied on technology, internet, media and telecom companies and increasingly more health care companies to drive performance.
7:51 a.m. May 2, 2020 - By Ciara Linnane
Coronavirus update: More than a million people have recovered; Trump pushes China conspiracy theory Exxon Mobil posts first quarterly loss in decades, and Clorox produces a blowout report thanks to demand for disinfecting productsThe number of patients that have recovered from the coronavirus that causes COVID-19 rose to more than a million on Friday, offering a rare piece of good news in the pandemic that has caused more than 230,000 deaths and tanked economies around the world.
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