The US government is sharpening its antitrust scrutiny of Big Tech. The justice department and Federal Trade Commission last week divvied up antitrust oversight for Apple, Amazon.com, Facebook and Google.
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When Naspers lists in Amsterdam, it will bring with it a dual shareholding structure to match or even exceed the worst practices of tech behemoths such as Facebook or Google parent Alphabet.
Facebook has suspended Huawei’s ability to pre-install the social network’s apps on its smartphones.
Facebook bosses have lost control of the social network and is unlikely to regain it, a former Harvard classmate of Mark Zuckerberg has claimed.
Custom-tailored capitalism is what has made Google, Facebook, Amazon and others the richest companies in the world. But this business model has enormous potential to violate civil liberties.
The smart money is still on Europe taking the more adventurous and aggressive antitrust measures. But there’s no ignoring the shift on both sides of the Atlantic.
Apple CEO Tim Cook has said the company’s new privacy features are about helping users, and not a criticism of firms such as Facebook.
Facebook may be ordered to remove offensive content posted by users in the European Union and then also hunt for similar posts anywhere in the world, an adviser to the bloc’s top court said.
Apple has announced a slew of new privacy features on Monday, including a new “sign in with Apple” capability.
Twitter is showing its users more ads. That’s a clumsy approach to boosting advertising revenue in an age of sophisticated micro-targeting, and it shows the weakness of Twitter’s business model.