Cat Zakrzewski
Here are the details of the FTC's $5 billion settlement with Facebook
The Federal Trade Commission’s record-breaking settlement with Facebook will slap the company with a $5 billion fine and grant regulators exceptional oversight of the company’s business practices. But the FTC’s two Democratic commissioners, Rohit Chopra and Rebecca Kelly Slaughter, voted against the order and issued a warning that the fine was too small and the remedies should have gone farther. While the settlement winds down the FTC’s sweeping sixteen-month probe, it’s likely to trigger greater examination of whether the country’s top privacy cop is able to hold tech giants accountable.
President Trump's social media summit was a spectacle. Here are the real takeaways for Big Tech.
Beyond the circus-like atmosphere of the White House social media summit, the conference had serious implications for Silicon Valley. It highlighted how President Donald Trump's attacks on Big Tech are creating more political jeopardy for the tech companies in Washington:
Facebook leaders say antitrust focus obscures the real tech threat: China
As Facebook prepares for increased competition scrutiny in the US and Europe, its top brass is repeatedly warning lawmakers and regulators that antitrust action could be a distraction from a much bigger threat: China.
Republicans make alleged conservative bias top priority at election security hearing
Google, Facebook, and Twitter executives came to Capitol Hill to testify about election security. Instead, they faced a grilling about whether their platforms are biased against conservatives. A string of Republicans on the House Oversight and Reform Committee skipped questions about how the companies were tackling disinformation campaigns or preventing Russians from purchasing political ads on their platforms in the run-up to the 2020 election.
Sen Sanders, Kobuchar criticize FCC's green light on T-Mobile-Sprint merger
Sens Bernie Sanders (I-VT) and Amy Klobuchar (D-MN) are criticizing Federal Communications Commission Chairman Ajit Pai's decision to greenlight the merger of T-Mobile and Sprint -- the latest sign that antitrust issues are core to many of their 2020 platforms. Sens Sanders and Klobuchar say a merger of the telecommunications giants would leave consumers with fewer choices. Sen Klobuchar, who is expected to publish a book on antitrust issues later in 2019, said the deal could harm competition.
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Sen Cruz's playbook to crack down on Big Tech for alleged anti-conservative bias
Accusing Twitter and Facebook of suppressing conservative voices, Sen Ted Cruz (R-TX) floated an overhaul to a key law that protects Internet platforms from legal liability for content posts on their sites, breaking up the companies, or even charging them with fraud. His three-part playbook:
Local news is the next battleground as Congress eyes Big Tech's power
House Antitrust Subcommittee Chairman David Cicilline (D-RI) and House Judiciary Committee Ranking Member Doug Collins (R-GA) reintroduced The Journalism Competition and Preservation Act, making the case that the legislation is needed to level the playing field between tech giants and local news publishers. "It grows out of a recognition that we need to do something to give local media, local news publishers the ability to survive," Chairman Cicilline said. He argues that as ad revenue shifts from news publishers to Facebook and Google, it's time for Congress to intervene.
2020 Presidential candidate Sen Klobuchar wants to tax big tech companies' on data use
As privacy scandals mount at firms such as Facebook, Presidential candidate Sen Amy Klobuchar (D-MN) is positioning her data tax as a way to make technology companies think twice about how they share and profit from users’ data. But implementing such an idea might be difficult, experts noted. Taxing data means you have to know what such information is worth, for instance. Former Facebook employee Antonio García Martínez says data is often compared to oil, but that's a poor analogy because unlike oil that has a clear price, the ultimate value of data is unknown.
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Sen Josh Hawley (R-MO) emerges as one of toughest Republican critics of Big Tech
Freshman Senator Josh Hawley (R-MO), 39, (the country's youngest senator) is swiftly emerging as one of the Repulican Party's toughest critics of Big Tech. At a March 12 privacy hearing, he slammed Google for collecting people's location data on Android phones -- even after they try to disable the tracking function. Sen Hawley wants Google to give consumers a clear way to opt out of invasive location tracking. He says many members of the committee — including Sen Dianne Feinstein (D-CA) — told him they were not aware that Google tracks people at this level.
Democrats hope 'Save the Internet' will reap political dividends
The Save the Internet Act, a measure from congressional Democrats to restore Obama-era network neutrality rules, is most likely dead on arrival. Though the bill has a strong chance of passing a Democratic-controlled House, it’s not a priority in a Republican-led Senate. It’s even less likely that President Donald Trump would sign a law reversing his administration’s decision.