Ownership

The tech industry’s engineers and entrepreneurs saw the Facebook hearings as more than just the grilling of one of its stars.  To them, the congressional criticism against Facebook chief executive Mark Zuckerberg felt like a referendum on the industry itself and on the social network’s growth-at-any-cost playbook that hundreds of start-ups have sought to emulate over the last decade — and that some have turned against.

After tackling U.S. lawmakers, Mark Zuckerberg is now taking on one of England’s oldest and most prestigious academic institutions amid a widening probe into the misuse of Facebook user data.  During his U.S. congressional testimony, the Facebook chief executive officer said his company was questioning “whether there was something bad going on at Cambridge University overall that will require a stronger reaction from us.” Representatives for Facebook did not elaborate on what a "stronger reaction" might mean.

After some 10 hours of testimony and questions from almost 100 politicians, we finally learned some things from Facebook CEO Mark Zuckerberg this week. Just some things. But are we any closer to a regulatory solution? Probably not so much. Still, this week marked an important moment in the on-going debate about privacy in the Digital Age. 

Federal Communications Commission Chairman Ajit Pai immediately shot down a request to investigate Sinclair Broadcasting Group for distorting the news, and to pause the review of Sinclair's pending acquisition of Tribune Media. Chairman  Pai said the FCC doesn’t have the authority to revoke licenses based on the content of newscasts.

With bipartisan agreement, members of Congress said that Silicon Valley needed to be reined in with new regulations. But time and again, when the most pressing issues have landed on Capitol Hill — like gun violence, school shootings, immigration and border control — Congress has declared five-alarm fires only to fail to follow through on major legislation. The current zest for new privacy laws is also likely to stall as lawmakers wrestle with the technical complexities and constitutional vexations sure to emerge with any legislation to control content on the internet. Beyond the typical pol

President Trump abruptly issued an executive order demanding an evaluation of the Postal Service’s finances, asserting the power of his office weeks after accusing Amazon, the online retail giant, of not paying its fair share in postage. In the executive order, issued just before 9 p.m., President Trump created a task force to examine the service’s “unsustainable financial path” and directed the new panel to “conduct a thorough evaluation of the operations and finances of the USPS” The president does not mention Amazon in the order, but it is clear that he intends for the panel to substanti

Facebook recently teamed up with Google, Comcast, AT&T, and Verizon in order to kill a privacy law that's being considered in California. The five companies each donated $200,000 to create a $1 million fund to oppose the California Consumer Privacy Act, a ballot question that could be voted on in the November 2018 state election. If approved, the law would make it easier for consumers to find out what information is collected about them and to opt out of the sale or sharing of any personal information.

[Commentary] Network news is nationally scripted for a national audience. The New York-based networks such as ABC, CBS, Fox and NBC feed common fare to all their affiliates. That is precisely why broadcasting policy – until the Trump Federal Communications Commission – has expected those local affiliates to use the medium for local news and information. Sinclair’s broadcast licenses mandate the provision of local services, not a de facto new national network with pre-scripted national messages.

With the Justice Department's top antitrust attorney, Makan Delrahim, looking on from the government's table, AT&T's witness claimed that regulators' economic analysis of the Time Warner deal is "theoretically unsound" and riddled with inaccurate assumptions. "The evidence doesn't support the government's claim that this transaction will harm consumers," said Dennis Carlton, an economist from the University of Chicago's Booth School of Business.

Some 45 times — I was counting — the Facebook CEO told members of Congress that we’re in control of our data, when it’s plainly impossible for most people to figure out how to do so. That makes it hard to buy what he’s selling, even if it’s free. Zuckerberg has never really explained just how much data Facebook collects and what it does with it.