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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.
4:48 a.m. Oct. 10, 2020 - By Jon Swartz
If the Democrats win the Senate, Big Tech better be ready for a bigger fight Senators set to become leaders under a Democrat majority have sought to establish new antitrust law, break up tech companies Democratic senators have signaled a willingness to make substantial changes to antitrust law and advocate breakups of the largest American tech companies, including campaigning for president on the issue. If the party can flip four seats, those same senators — such as Amy Klobuchar of Minnesota and Elizabeth Warren of Massachusetts — could be in position to act against some of their favorite targets, including Facebook Inc. and Google parent Alphabet Inc.
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.
10:11 a.m. Oct. 1, 2020 - Associated Press
Senate committee set to subpoena Facebook’s Zuckerberg, Twitter’s Dorsey, Google’s Pichai Hate speech, misinformation and perceived political bias on the internet platforms to be topics explored in testimony by Silicon Valley titansHate speech, misinformation and perceived political bias on the internet platforms to be topics explored in testimony by tech titans.
6:22 a.m. Sept. 19, 2020 - Associated Press
Walmart, Amazon among donors to QAnon-promoting lawmaker At least 81 current or former congressional candidates have supported the conspiracy theory or promoted QAnon content, with at least 24 qualifying for November’s general election ballot: Media MattersWalmart, Amazon and other corporate giants donated money to the reelection campaign of a Tennessee state lawmaker who had used social media to amplify and promote the QAnon conspiracy theory, according to an Associated Press review of campaign finance records and the candidate’s posts.
4:19 a.m. Sept. 12, 2020 - By Jon Swartz
Big Tech is turning on one another amid antitrust probes and litigation Facebook and Microsoft are mad at Apple, Google and Amazon are being targeted by high-profile tech execs, and everybody wonders why Microsoft is avoiding any scrutiny“Battle royale” evokes images of professional wrestlers engaged in a free-for-all brawl in which combatants eventually turn on one another until there is an eventual winner. With apologies to Hulk Hogan and Andre the Giant, Big Tech is taking on the same trappings as companies turn on one another amid multiple antitrust investigations and issues.
6:27 p.m. Sept. 4, 2020 - By Jon Swartz
Facing immense pressure, Facebook had no choice but to ban new political ads week before electionFacebook Inc.’s first action to limit political advertising in the U.S. with a ban of news ads in the week preceding the Nov. 3 elections comes amid unrelenting criticism that its platform fuels misinformation and is a haven for far-right groups.
4:19 a.m. July 29, 2020 - By Jon Swartz
Congress has a million-plus documents from Big Tech antitrust investigation, and are ready to grill big-name CEOs Bezos, Cook, Pichai and Zuckerberg will testify remotely Wednesday before House antitrust panelFor more than a year, the federal government has circled Big Tech and its business practices. On Wednesday, members of the House of Representatives will roll out evidence their staffs have found and put pressure directly on some of the most prominent executives in the world.
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.
12:28 p.m. June 25, 2020 - By Victor Reklaitis
Watchdog says Washington’s growing swampier, even as coronavirus lockdowns let Congress climb off ‘hamster wheel of fundraising’ Meredith McGehee of Issue One talks about transparency in the government’s aid spending, racial inequalities, how democracy is ‘damn hard work’ and moreAs the coronavirus crisis and nationwide protests shake up Washington, Issue One’s Meredith McGehee speaks with MarketWatch about the November elections, the government’s massive aid spending, racial inequalities and more.
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