Ownership

Silicon Valley technology firms are known for giving stock to their workers, a form of compensation that often helps employees feel invested in their companies. But tech workers are now starting to use those shares to turn the tables on their employers. As many tech employees take a more activist approach to how their innovations are being deployed and increasingly speak out on a range of issues, some are using the stock as a way to demand changes at their companies. Employee shareholder proposals may ultimately not be effective since shareholder-led proposals are often shot down.

In december 2017, the Sinclair Broadcast Group was riding about as high as a media company can ride these days.

This paper explores the connection between corporate social responsibility and social media safety. By examining the legal framework governing social platforms in the United States and case studies of online harms, we explore whether current US laws and company content moderation policies are effective in eliminating content (revenge porn and acts of terrorism) that is universally agreed to be harmful. Finally, the paper makes a number of suggestions for improvements in policy.

The Federal Communications Commission adopted a Notice of Proposed Rulemaking commencing the 2018 Quadrennial Review of the Commission’s media ownership rules.

The Nov 27 Senate hearing on the activities of the Federal Trade Commission highlighted the shortcomings of applying industrial-era thinking to internet-era challenges. The new digital reality calls for both expansive regulatory oversight as well as legislative action. FTC Chairman Joseph Simons' constrained description of the FTC’s authority highlights the need for creative new responses the the ongoing collision between conservative dogma and the unconstrained activities of Big Tech.

The digital era has spurred tremendous advancements throughout human society, but it has also led to immense instability and inequality. Now, a handful of companies maintain unfettered dominance over key components of economic activity, with little signs of slowing. In this paper, Tom Wheeler sheds light on the issues of the information age by demonstarting its parallels with the Gilded Age, during which rapid industrial expansion led to centralized power and eventually gave way to massive reforms.

Members of the conservative majority on the House Judiciary Committee spent much of their time hammering [Google CEO Sundar] Pichai with baseless accusations that Google rigs its search results to censor conservative content. The bias obsession has distracted from the more important subjects that Congress has failed to address these past two years. That seems likely to change when Democrats take control of the House in January.

Google’s chief executive, in perhaps the most public display of lawmakers’ unease with his company’s influence, was grilled about everything from search result bias and the data Google collects about its users to plans for a censored service in China. Sundar Pichai, an engineer who rose through Google’s ranks to become its leader three years ago, faced more than three hours of questions from the House Judiciary Committee. Republicans expressed concerns about unfair treatment of conservatives, and lawmakers in both parties zeroed in on privacy issues.

Remember when Sinclair Broadcasting Group tried to buy Tribune Media? That merger would have allowed Sinclair to reach 72 percent of US households -- far, far above the Federal Communications Commission’s 39 percent audience cap. Fortunately for consumers, Tribune backed out of the deal after the FCC signaled it was unwilling to approve the transaction as structured. Now another giant broadcaster is trying to buy Tribune Media. It’s the second largest local television owner in the country (after Sinclair): Nexstar Media.