Axios

Capitol Hill wants Facebook’s blood, but President Trump isn’t interested. Instead, the tech behemoth he wants to go after is Amazon. Trump's wealthy friends tell him Amazon is destroying their businesses. His real estate buddies tell him — and he agrees — that Amazon is killing shopping malls and brick-and-mortar retailers. President Trump also pays close attention to Amazon founder's ownership of The Washington Post, which the president views as Bezos’ political weapon.

The omnibus funding bill includes the Clarifying Lawful Overseas Use of Data [CLOUD] Act, which provides a legal framework for law enforcement to request data from overseas servers. The CLOUD Act provides a framework for reciprocal treaties for nations to request data from computers located within each other's borders. It also provides a mechanism for a Microsoft to take a law enforcement demand to court if it would force them to violate another country's rules. But when neither apply, law enforcement will be able to demand files in accordance with US law.

Former Federal Trade Commission consumer protection enforcers say Facebook's response to the Cambridge Analytica scandal won't be enough to keep federal investigators at bay. "Just because they make changes moving forward doesn’t mean they can’t be investigated or sued for what they did before," said Jessica Rich, who stepped down as the head of the FTC's Consumer Protection Bureau in 2017.

The tech industry is splintering in the wake of the controversies surrounding social platforms like Facebook, Twitter and Google's YouTube. A wide range of companies — from legacy Silicon Valley firms like IBM and Oracle to business-focused firms like Salesforce and Cisco — want to be seen as responsible players who can be trusted to make wise decisions when faced with tough calls. Companies of all stripes are trying to explain more clearly what they do, why they're different, and how they benefit society, one senior level official at a non-internet company said.

Comments from experts and tech leaders at 2018's South by Southwest festival were a reminder that Europe's aggressive competition enforcement policies are viewed very differently on either side of the Atlantic. "The Europeans go after big successful companies... using very ambiguous anti-competitive laws," said Consumer Technology Association chief Gary Shapiro during a panel. "There’s nothing wrong with being large," said Julie Brill, Microsoft deputy general counsel and former Commissioner on the Federal Trade Commission, during a different panel.