35 Burst results for "Big Tech"
Why Do We Have 50 States vs. 1 National System?
"The genius of our system is rejected by the Democrat party in the American marxists includes the media Why do we have 50 states As opposed to one national system Why do we have state legislatures state governments A constitution that provides specific powers to the central government and all the rest of the power to the state and the people thereof Why is that Isn't it interesting that the Democrat party rejects all that All of its decisions are top down All of its powers top down Oh don't get me wrong They'll talk about the people They really mean the mop And everybody has to get into line They insist on conformity Their surrogates whether it's big tech big media they insist on conformity too Corporate boardrooms and cyst on conformity Professors and cyst on conformity And so more and more the Bill of Rights comes under attack Freedom of speech free exercise freedom of association the right to bear arms due process rights the takings clause on and on Because the constitution and the Bill of Rights later adopted Stand in the way of the Democrat party and these American marxists
Democrats Try to Scrub Big Tech
"Meanwhile, Democrats are trying to screw up big tech. Now we need some reforms in big tech, some protection of data. We need national security, cooperation from big tech. National security adviser Robert O'Brien went on Larry kudlow's show on Fox business yesterday talking about Amy Klobuchar's Bill. Amy Klobuchar's Bill is really bad. Because once again, if you let Democrats run anything, they will run it into the ground. Cut number 26. Well, look, the one thing standing in the way of Chinese domination of the world in Chinese Communist Party domination in the world is the American private sector and the bigger one of the big parts of that is tech. And so all you have to do is look at what Elon Musk did with Starlink at the outset of the Ukraine war keeping Ukraine connected, what YouTube did and getting zelensky's speeches out to the Russians. And we see why the Chinese don't like it. And they've said that they're going to surpass American tech, they're going to scale their companies. They're going to put trillions of dollars into it. They've been public about it. So they've got this China 25 policy to destroy America's tech sector. And now we've got these bills out to help them do it. It's pretty amazing. I want to give them access to our algorithms, access to our data. We should be banning Chinese companies and taking action like India did against Chinese big tech and instead we're coming after the American companies.
Gina McCarthy: Big Tech Has to Stop Disinformation by Big Oil
"Producer I want you to hear Gina McCarthy White House national climate adviser She's on axios today axios has run by the likes of Johnny swam Who's really really focused in on the key issues of the day Cut 18 go And so the challenge is now that we're moving from denial to actually just trying to disengage the public from understanding the values of solar energy The values of wind energy the benefits of clean energy We have to get tighter We have to get better at communicating And frankly the tech companies have to stop allowing specific individuals over and over again to spread this information That's what the fossil fuel companies pay for That's what folks who make money out of fossil fuels and don't idiot May I call you idiot She sounds like Yellen the secretary of treasury the Bose sound like head cases quite frankly So anybody who raises questions about what you're doing is paid off by the oil industry you folks out there paying over $5 a gallon For gasoline that's regular unleaded Are you spokesman and spokeswoman for the oil industry
Dinesh Welcomes Attorney Joseph McBride
"Guys, I'm really happy to welcome back to the podcast Joseph McBride. Joe's the founder of the McBride law firm, which is located in New York City. His practice focuses on a whole federal civil rights claims, federal criminal defense, federal criminal appeals, as well as state criminal defense and state appeals. Joe also represents some January 6th defendants and this is actually the subject that I'd like to talk about. Joe welcome back to the podcast great to have you. We're on the verge of the January 6th below C committee kind of taking its show. I wouldn't say on the road, but really to the public airwaves. And they've apparently even hired a kind of a television executive to help orchestrate the public presentation of their findings. Let's talk first of all about what you think their objective is here, is their objective to make the case before the American people is it to prevent Trump from running again. What do you think is the endgame or end goal of the January 6th committee? It's good to see you as always the national thank you so much for having me on. Thank you for your important continued work on this very, very crucial topic. The endgame is to poison the public consciousness through propaganda. This is next level propaganda. This is propaganda. We didn't even see from the stalinist regime. We're talking about the marriage between big tech, the actual mainstream media industrial complex, and the controlling party in the United States government right now. The goal is to one poison any potential jury pools in grand jury pools for criminal cases. Number two, poison the consciousness of the American public to continue to push and force a narrative down people's throat, people who might not necessarily have the time like you or I to delve in to the nuances of the truths of that day and they're getting their news from CNN or MSNBC. And they're like, wow, this is really powerful stuff. But it's all propaganda. And of course, three, they are trying to create a conspiracy from the bottom to the top and the top to the bottom where they're seeking to prosecute morally and criminally former president Trump as a kingpin of some conspiracy to overthrow the government.
Elon Musk Threatens to Walk Away From Twitter Deal
"Kara, first of all, I got some breaking news that came to me in my ear before we joined and I want to talk about this. Elon Musk and Twitter. Now we all know that Elon Musk was scheduled to acquire Twitter, but now with the bot situation, the pretty much what happened is that there have been deceitful. They claim that it was worth more than what it really is because bots do not count for success and it does not count for involvement and engagement. So he may walk away from this. Can you talk a little bit about this and give us your thoughts on Elon Musk potentially walking away from the Twitter deal? Yeah, there are a couple of schools of thoughts here. Well, one of them thinks that, okay, maybe Elon is just trying to get himself more favorable terms for this deal. Oh, he is a businessman after all. The richest man in the world doesn't become rich by spending all his money. So there is an idea that, okay, he might be trying to negotiate for a better deal. And he actually might still be committed fully to the acquisition. He said as much a few weeks ago when all of this consternation about Twitter's what they're actually saying about their bot levels are started roiling around. This seems to be the most serious step that he's taken in order to potentially extricate himself from the acquisition. You know, lawyers sending letters around, it could be sort of gamesmanship, but it also could be very serious. And what I think is really interesting in this regard is more breaking news. The attorney general from Texas Ken Paxton, he basically said that if this is true, then we are going to take it to Twitter and he filed what's basically looking at Texas deceptive trade practices act to protect the Texan consumer. So he's taking what Elon is saying very seriously in his statement. He targeting Twitter. He basically said, they said it was about 5% in their public documents, but it might be as much as 20%. So it looks like Elon is creating a little bit of a snowball effect when it comes to Twitter's woes. So, you know, I've heard the Elon Musk take over touted as the free market solution, you know, this is why tech companies don't have to be reined in because we've got billionaires, you know, waiting to buy these platforms. Not true. Whatsoever. Look how difficult this has been. So in my estimation, it's a little naive to think that we're going to have white knights riding out of the woodwork to save us conservatives from censorship and the abuses these big tech companies are visiting upon the American people. And I don't think it's a replicable strategy. I hope Elon prevails, but it's looking really sticky at this point.
'Breaking the News' Author Alex Marlow on Free Speech in Big Tech
"We were talking about the Second Amendment, the assault on it, the newsroom uvalde. We can segue very smoothly to the topic of your book breaking the news and the big issue of big tech. Because Elon Musk, the individual, you warned me about that we had so many high hopes of tweeted out, I think it was on Thursday morning or Wednesday night that, yeah, we have to do something about these AR-15s, maybe some special kind of registration or training. And I just tweeted out Elon, you were doing so well. Let's break down this story. The book is breaking the news. You've got to get it from our guest, Alex marlowe breaking the news exposing the establishment media's hidden deals and secret corruption. Where are you at in terms of Twitter, I don't know if you're on truth social, something's happened on true social, my account is now two, 3000 new followers every single day for the last weeks of something exponentials happening there. They're opening it up to Android as well. We had Devin Nunes on the show. We invited president Trump on the show as well. Are we starting to see some glimmers of hope? Or are you still concerned that this is the most powerful weapon on the left has to distort and steal elections? Yeah, it is one of the most powerful for sure. Noteworthy is maybe the most powerful of them all is Google, which president Trump was complaining that Google might be discriminating against true social. And that would be great because I spoke to Donald Trump personally a couple of years ago about the threat of big tech. And he was really obsessed with Twitter and I get why that was his most powerful tool, but for his supporters, the most powerful tools have been Google and Facebook by a mile, Google number one. And so if he's getting fired up about Google assuming he runs for president next time around, that could be a very good thing because he needs to crack the whip on Google who is manipulating elections in a major way, in my opinion. But what's happening is Musk is going to disappoint. If you're a mos super fan, if you think he's some sort of pure guy, he's going to disappoint you in different ways. He does a lot of things and says a lot of things that do make me indicate some of the red pilling is legitimate. I was kind of in the campus at most all performance art to advance his business businesses. I'm not there anymore. I now think he has internalized some of the values you and I have, doctor G, but he's going to keep making mistakes.
With the Country Reeling, We Need Less Politics and More Solutions
"A devastating devastating news out of Texas. 19 children killed two teachers killed all in the same classroom. I mean, I get a little bit sick every time I think about this and I wish I wasn't here talking to you about this today. But I think that it's important we do. And it's important the nation have a conversation that's real in terms of what solutions can be offered. I get it, you know, both sides are going to go all in for the politics of this. You've got one side saying guns need to be outlawed. We need no more guns. That's going to be the solution to all of it. Well, they're wrong. And then the other side saying, we just need to arm everybody. You know, and then everything will be fine. Well, they're wrong too. All right? And so I, for once, would like to see some seriousness from our leadership in Washington from the president of the United States for goodness sakes. Who could take measures to address this heck, he's got Congress, or he's got the house, and he'd have the Senate on this one because Joe Manchin has been very much about finding realistic solutions that still protect our Second Amendment. We have a Second Amendment, okay? We're not going to throw out the constitution. So let's work within the frames of the constitution to find solutions that work. We have it's very clear a mental health problem in this country, which I believe, and if you've been watching some of these shows, including my discussion with senator Marshall Blackburn out of Tennessee just last week, I believe that big tech has been instrumental in actually making much
New Disinformation Board Put on Pause Amid Criticism
"Turning now to the government disinformation board, which has been put on pause. That is the best news of the week. I'll tell you. I certainly consider it that way because I'm a big believer in the government, not deciding what is real and what's not real. I think sometimes you know what the truth can be pretty darn messy. And you've got to hear a lot of different perspectives in order to really get it, right? And so that's so important, so critical and the idea that the government wants to take our taxpayer dollars to shut down information that they don't think is real or oversaturate, I guess, with the stuff that is real, or perhaps even dare I say pressure, big tech companies, to say, well, you know what? We don't want this. We do want that. I mean, they've been doing that. Let's be very, very clear. So I think it was natural and understandable that many Americans were offended by this whole idea of a government disinformation board. But there are some out there that are quite disappointed that it's over. And Nina jankowicz, who was the woman who was going to be in charge of this whole thing, and she briefly was, you know, for a few weeks, she's pretty upset. She's pretty upset because she thinks that, you know, we needed this. And so she told CNN and I quote, unfortunately, an ironically, we were undone exactly by a disinformation campaign coming from folks who apparently want to put our national security behind their own political personal political ambitions.
We're Living in a Crazy Time of Free Speech Policing
"We've had such a crazy time in terms of the policing of speech, courtesy of these big tech companies, and it's frustrating. Especially to me, certainly because look, I've been a journalist for 20 some odd years. I have worked for the world's biggest news organizations. I have won many awards from my reporting. And yet, occasionally, I'll do something really crazy. Like, I don't know, a video. On the yield of the ten year bond and I'll get a note back from YouTube owned by Google saying, this is insensitive content. Again, wait a second. I've been a reporter for a long time. Believe me, I know what sensitive or insensitive content is and talking about bond yields, on ten year note, no, no, no. I don't think so. But this is the world in which we live, and which conservatives are unfairly penalized. And yet the garbage that they send to our kids, I've seen it. I've seen it myself. I have three kids. And you know what? I took their computers away. Now we have one computer in the kitchen. They're not allowed to have the YouTube accounts anymore because I've seen what gets thrown to our children and it's total
Stephen Miller: Candidates Winning Have an 'America First' Agenda
"The America first agenda is often conflated or sort of jumbled into what a conservative message is. Listen to what Stephen Miller, the former top Trump aide, said to Laura last night about all the candidates across the country who are winning after being endorsed by Donald Trump and embracing his populist America first agenda. The smallest share of the American electorate is the Jeb Bush electorate. People that want corporate Chamber of Commerce republicanism are the tiniest sliver of American voters. Candidates are running across the country tonight and winning on the populist Trump America first platform. Strong borders, safe communities, no woke politics, no indoctrination in our schools, men are men, women are women, law enforcement is wonderful, and we want low inflation and a strong dollar. These issues are going to carry us to victory in November if we unite as you say and I will also add to this, there are no more Democrat populace. They are all phonies. Every single one of them backs big tech corruption every single one of them backs big business open borders every single one of them backs big business woke corporatism, populism is dead in the Democrat party. If you want a populist candidate, Republicans are the only game in town. Isn't he right? Or do you disagree with Stephen Miller? Isn't he right? There's no populism on the side of Democrats. And remember, establishment Republicans view populism as a bad thing.
Twitter Pushes Out Two Execs Ahead Of Elon Musk Deal Close
"But let's turn back to the markets right now because Twitter actually, let's see where Twitter ended the day. Twitter ended, well, it's still quite a bit away from that 54 20 Mark, right? That's the price that Elon Musk is paying per share. So we're expecting that the stock will move higher, provided the deal closes. And that's the, that's the trade we're watching right now. You see the risk garb guys, there was garb traders and gals. Aggressively trading this stock to see whether or not it's going to get to that 54 20. Today or at least in Thursday's session, we found that it was just at $45 and 8 cents a share. I want to point out that the company did part ways with two key executive two executives that had senior level positions. This is presumably as it starts to really begin this change process, right? The shift towards a new culture given all that's expected when Elon Musk comes in. I just want to state again. I think it's healthy to have some diversity in opinion. And I think unfortunately, too many of these big tech companies have had sort of only one way of thinking and so consequently everybody is so easily offended. Everybody's so anxious to take something down and what Elon Musk has really advanced is this idea that you need to err on the side of speech. So this is an important cultural shift for Twitter. It's also pretty strategic because Elon's plan is to take the company private for three years and then bring it back out to public markets, but it needs revenue, right? It's not anywhere near reaching its potential when you think about how many users it has and how it's grown those users and yet how do you tap into that as a revenue source. That's what the company is really failed to do what Elon Musk thinks he
Section 230 and Big Tech Protections With Will Chamberlain
Will Chamberlain of the Article III Project Talks Big Tech
"Let's return to big tech. Here's a little cut from the second richest man in the world because guys, it's actually Putin, who's the richest. I mean, he literally has privatized half of Russia into his back pocket. So it's not on the books, but he is the richest man in the world. Elon Musk is a close second. And this is what he said at a recent TED Talk. Cut one play cut. Intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization. But you've described yourself. I don't care about the economics at all. Okay. Richest man in the world or second, which says, I'm not in it for the money. Interesting. And he says it's vital for the future of civilization, not exactly what you hear from liberals. Well, deal with the question of whether or not we trust this man, but give us the strategic analysis of how important a development is it, that a guy who made his money out of PayPal, then electric vehicles, a darling concept of the left. And then reinvigorating almost single handedly America's space program that this is the guy who wants to buy Twitter, how unusual is that well? I mean, it's very unusual, especially because we're used to billionaires kind of hewing to the line of the left, like they're almost, they're scared as anybody else of The New York Times of The Washington Post. Writing a hippie's on them, which they shouldn't be because they're that wealthy. So it is really unique and it's really gratifying, I guess, would be the word, just to see someone step out and be willing to, despite their high standing and elite circles, be able to say, no, this is just wrong. What you have been doing is completely wrong. And not only, I'm literally going to buy the biggest and most not the biggest, but the most consequential and influential social media platform in the
Will Chamberlain on Ronald Reagan's Favorite Magazine 'Human Events'
"Before we talk about big tech, you were the publisher, human events, fabulous, and newspaper. For those who are not familiar with it, because it's like this silent conservative success story, what say a little bit about human events before we move on to big tech. Oh, sure, yeah. It was Ronald Reagan favorite magazine, but it was basically defunct for about 5 years from about 2014 to 2019. At the time I bought it with Raheem kassam and had him as EIC. We split pretty quickly, but I think we brought back a very higher a little bit of a higher aesthetic. A lot of the early human events articles, especially when I was publishing, were really beautiful art from Ian miles Chong, who's actually on Twitter, one of his most people know I'm just from his tweets, but you wouldn't know that he's actually a very talented graphic artist. And so much of the beautiful art that was on the articles was there. And we just had a lot of very good interesting contributions. I was really trying to push at the time, push the right towards this kind of more almost like pragmatic ruthlessness and achieving things. It kind of connects to big tech because when I was on the aggressive action on big tech, bandwagon back in 2018, 2019 when most conservatives, I think we're still a little hesitant about trying to regulate it because they come from this predisposition. Small government, small government type thing. And we were just really trying to push, no, no, no, that's, in this case, that's a self defeating principle.
Sen. Paul: The Left Is Afraid of Speech, Becoming More Authoritarian
"Well, it's not a free society. If you can't make your case or you're not allowed to make your case, if we're going to edit speech, that's just not freedom, as any of us know it. But the irony is, is that there used to be people on the left who actually did believe in freedom of speech. This was something that brought libertarians on the right together with civil libertarians on the left. And there was a great defense of the First Amendment, the Fourth Amendment. There were these coalitions. But the left is largely abandoned. There are civil liberties sort of, their libertarian roots. And the left now is becoming more and more authoritarian. They are afraid of speech. They want to regulate speech. But there are people on the right that want to do this too. So when we talk about the disinformation board, we have to realize that there are proposals in Congress from Republicans to have boards that will determine speech and regulate big tech and say, oh, this beach can or can not be done because it's going to be regulated by government. I'm much more for the wild west. There's lots of information out there. There are millions or at least tens of thousands of choices you can look towards and really change the channel. You don't like that opinion. You don't think they're telling the truth. Change the channel, whether it's radio, whether it's the Internet or whether it's television, there are more choices now than there have ever been, but we do have to be worried if government is going to get involved in this space.
Russian Space Chief Dmitry Rogozin Apparently Threatens Elon Musk
"The head of Russia's space agency threatened Elon Musk. Now I don't know what Elon Musk. I don't own any Tesla stock as far as I know it might be in a mutual fund. But I'll tell you what. He's an American who's been threatened by the Russian. So I asked national security adviser Robert C O'Brien to join me this morning to talk about that and big tech generally. Good morning ambassador O'Brien, how are you? Good morning to you, great to be with you. First of all, do you work for Elon Musk? I know you consult for a bunch of big companies is Tesla, one of them, or a SpaceX. No, we don't work for Elon, but Elon feel free to call us. We want to help you. Well, first of all, tell me, what did you think of a Russian official threatening in American citizens? Well, this is a very serious issue. Especially in light of the fact that Russia has a history of assassinating its opponents and so the FBI is almost certainly consulted with Elon. There's a duty to warn that the FBI has for American citizens who have been threatened by foreign governments. And unfortunately, it happens more and more with China ran now Russia getting into this game of threatened Americans. So Elon, I'm sure has great security. You can certainly afford it. But the U.S. because of Elon's role in the Ukraine crisis and the great work that these companies have done really ought to be thinking about supplementing his security, at least giving them daily intelligence feeds and potentially giving him government security to work with his private folks. I mean, this is a very serious threat. Very
Big Tech's Job Is to Gaslight You, Stop You From Watching '2000 Mules'
"Win Their ideas are fruitless They have only produced death and destruction That is all they've done They have produced nothing but body bags and death and destruction the left Every single time they push this big government government centric totalitarian model of government the body bags and the starvation pileup Yet they continue to shove it down your throat All of this garbage every single day The only way this is allowed to persist is by gaslighting you constantly about the left's destructive agenda It is the only way and gaslighting involves lying lying often lying confidently and isolating you from the truth This is the role of big tech This fact checker thing is not a joke anymore It is become their pravda Jack booted thug method of isolating you from the truth and stopping you from seeing things They are they will not let you see this film Because they are terrified of you starting a very even people who questioned everything Donald Trump said If you see this film 2000 mules you can not with a straight face look at the 2020 election the same way again It is clear as day what they did to fleece this thing It's clear as day The evidence is overwhelming in the movie
Inflation Woes Crush Wall Street Numbers
"To the news that shocked a lot of Americans that they got home last night. They saw that Wall Street shots sold off. Big time. So I let me look at what the total percentage of on the doubt was 3.12% on the S&P, it was three and a half percent on the NASDAQ. It was 4.99%. The Amazon was down almost 5% itself. And I'll tell you what, it's probably going to go on for a while. Because the market knows the fed meets every couple of months and is going to raise interest rates a half point every time they meet until such time as inflation is broken because every single person that inflation is the enemy here. And don't worry, if you're unless you're a speculator and you're selling puts and calls. And that's just gambling. I'm not sure Robinhood kiddo, who thought, you know, I was going to make a fortune by trading GameStop and AMC. You expect this and you grim and bear it. If you're an investor, as opposed to a speculator or a trader, you just say, ah, well, you know, that was a good 5 years. And it'll be a year before we start to climb steadily again. Maybe two. But it will, the S&P, the NASDAQ, the Dow, big tech, strong commodities, like P and G, but they always come back. Boeing's got troubles only announced it's moving its corporate headquarters. Near me and the beltway and that is simply the capitulation of corporate America to the reality of the interest rates and tax rates of living in a blue city.
"big tech" Discussed on Reset
"Want <Speech_Female> <SpeakerChange> <Silence> <Speech_Music_Female> <Advertisement> <Music> that <Speech_Female> opportunity <SpeakerChange> <Speech_Female> so to speak to go away <Speech_Female> right <Speech_Female> and it's it's fascinating. <Speech_Female> Because in some ways <Speech_Female> companies like facebook <Speech_Female> twitter and youtube <Speech_Female> they hold <Speech_Female> the same <Speech_Female> if not more power <Speech_Female> than sometimes <Speech_Female> other governments <Silence> and whether <Speech_Female> or not the <Speech_Female> taliban will be accepted <Speech_Female> and <Speech_Female> we'll be able to <Speech_Female> kind of speak on an international <Speech_Female> platform. <Speech_Female> And you know. <Speech_Female> I talked to these companies <Speech_Female> and i said how are you making this <Speech_Female> decision process. <Speech_Female> They're basically <Speech_Female> looking at how <Speech_Female> much political <Speech_Female> recognition the taliban gets <Speech_Female> in the real world <Speech_Female> especially from outside <Speech_Female> organizations like the <Speech_Female> un nato <Speech_Female> but also <Speech_Female> countries like <Speech_Female> the us china <Speech_Female> and the uk. <Speech_Female> And <Speech_Female> i don't know if you <Speech_Female> have the latest. But last <Speech_Female> i checked china <Speech_Female> seems <Speech_Female> like they may actually <Speech_Female> recognize <SpeakerChange> the taliban <Speech_Female> right. Yeah and <Speech_Female> it looks like china <Speech_Female> has certainly <Speech_Female> made those. <Speech_Female> I dunno overture <Speech_Female> so to speak. I'm <Speech_Female> obviously <Speech_Female> as far as <Speech_Female> i know so far. That <Speech_Female> hasn't actually happened. <Speech_Female> But <Speech_Female> in some ways <Speech_Female> the international <Speech_Female> community and social <Speech_Female> media companies are kind <Speech_Female> of dealing with something <Speech_Female> similar. Which is like <Speech_Female> if for example <Speech_Female> china recognizes. <Speech_Female> The taliban will <Speech_Female> what does that mean for. <Speech_Female> You know <Speech_Female> other governments. <Speech_Female> Do they want to be <Speech_Female> able to influence. <Speech_Female> The taliban do <Speech_Female> they want to. You know <Speech_Female> make sure that some of <Speech_Female> the efforts that they invested <Speech_Female> in for twenty years <Speech_Female> or still beat up <Speech_Female> and that might require some <Speech_Female> degree of cooperation <Speech_Female> and so <Speech_Female> the social <Speech_Female> media companies as well <Speech_Female> have to decide if other <Speech_Female> governments like china <Speech_Female> are <Speech_Female> recognizing <Speech_Female> the taliban <Speech_Female> and that's sort <Speech_Female> of giving it international <Speech_Female> legitimacy than <Speech_Female> we might have a weaker ground <Speech_Female> to stand on when it comes <Speech_Female> to you know dealing <Speech_Female> with them as an extremist <Speech_Female> organization so <Speech_Female> it will be really interesting <Speech_Female> to see. How sort of <Speech_Female> the international <Speech_Female> politics and the social <Speech_Female> media <SpeakerChange> politics <Speech_Music_Female> <Advertisement> intersect. <Music> <Advertisement> <Music> <Advertisement> <Speech_Music_Female> <Advertisement> well <Speech_Music_Female> <Advertisement> obviously. This is an incredibly <Speech_Music_Female> <Advertisement> fast moving <Speech_Music_Female> <Advertisement> story and it's hard <Speech_Music_Female> <Advertisement> to predict what <Speech_Music_Female> will happen. <Speech_Female> But based on your <Speech_Female> reporting what <Speech_Female> do you think <Speech_Music_Female> we should be looking to <Speech_Music_Female> coming <Speech_Female> out of afghanistan. The <Speech_Female> weeks ahead. And what will <Speech_Female> this mean <SpeakerChange> for for its <Speech_Female> people. Yeah i <Speech_Female> mean. I think right now <Speech_Female> <Advertisement> is the immediate crisis <Speech_Female> <Advertisement> still of getting <Speech_Female> <Advertisement> all of these <Speech_Female> <Advertisement> people <Speech_Female> <Advertisement> in afghanistan who <Speech_Female> <Advertisement> want to leave out. <Speech_Female> <Advertisement> I do not think <Speech_Female> <Advertisement> that's going to be a possibility. <Speech_Female> <Advertisement> you know. We <Speech_Female> <Advertisement> don't even have real clear <Speech_Female> <Advertisement> estimates <Speech_Female> on you know how <Speech_Female> many people <Speech_Female> <Advertisement> are trying to leave or <Speech_Female> wanting to leave and <Speech_Female> then there's also the <Speech_Music_Female> <Advertisement> increasingly volatile <Speech_Female> <Advertisement> situation <Speech_Female> <Advertisement> officials have said <Speech_Female> <Advertisement> the risk of <Speech_Female> <Advertisement> more attacks <Speech_Female> <Advertisement> is still there. <Speech_Female> <Advertisement> And so. How <Speech_Female> <Advertisement> will that complicate <Speech_Female> <Advertisement> the mission <Speech_Female> <Advertisement> of the united states. <Speech_Female> <Advertisement> And what will that mean <Speech_Female> <Advertisement> for. Its long <Speech_Female> <Advertisement> term legacy <Speech_Female> <Advertisement> and <Speech_Female> <Advertisement> once it leaves. <Speech_Female> What will the taliban <Speech_Female> do. How will it <Speech_Female> <Advertisement> behave. Will it be <Speech_Female> <Advertisement> able to <Speech_Female> <Advertisement> gain that international <Speech_Female> <Advertisement> legitimacy <Speech_Female> <Advertisement> or will it go <Speech_Female> <Advertisement> in the other direction with <Speech_Female> <Advertisement>
"big tech" Discussed on The Indicator from Planet Money
"At the point where jackdaw make the speech jack. Ma is the flamboyant founder of alibaba and in the speech which happened in october twenty twenty. Jack criticized the government's approach to regulation. And that did not of course go over well. With the chinese government it was a huge moment the regulators code him in for a meeting. One of the world's largest stockmarket launches that jacket been planning. It got cancelled jack vanish from the public view. And people were speculating that he had disappeared completely. And while jack did return a few months later is still a mystery where he went during that time. But what we do know. Is that the moment marked. The start of a huge wave of pain for china's tech companies and billionaires the same way that may twenty one shingle caught up in when he posted that meanwhile here in the us a lot of lawmakers are talking about some kind of crackdown or regulation on the big software companies. But so far. Things have been pretty mild. I mean just think about. When mark zuckerberg the ceo of facebook went before congress and you know people sort of asked him some questions and in a couple of cases asked for his help in both understanding how the internet worked and in crafting regulation going forward. Yeah i mean. It's quite a contrast really and you could argue that. Antitrust regulation is a tool for the chinese government to cut down outspoken billionaires to size and it probably is but angeles says that the chinese government does also have serious antitrust concerns with these tech platforms. The government is worried that this platform will reduce the choices for consumers reduce innovation and eventually harm consumer welfare. The main difference between china and the us angeles is is how far and fast china is willing and able to go to discipline the platforms with punishments fines. Saying you can't list on an app store and the very real possibility of the ceo's going to gaol. This episode of the indicator was produced by jamila huxtable and michael It was fact checked by caitlyn nicholas and engineered by isaac rodriguez kate cannon at the show and the indicator.
"big tech" Discussed on The Indicator from Planet Money
"This is the from planet money. I'm stacey vanik. Smith and i'm dr in woods stacey today we're talking big business in china and the chinese government's crackdown on its big tech companies and to get you in the zone to really understand what's happening. I have a pond to radio okay. It's upon that you could say cost thirty seven billion dollars. It's cold the book. Banning pit the book burning pits about censorship as bamboo and silk. Smoke liz the emperor's achievements for nothing the hong-goo pass and yellow river vainly. This poem is over. Eleven hundred years old and it was posted online in may by a tic magnet could wong share. He's the ceo of chinese tech company called matron and the poem is about an imprint trying to suppress an uprising so it seemed by some to be critical of the chinese government right now. Cracking down on big businesses shing denied it of course but that day the shares of his company may dropped seven percent and they went on to lose the title of about thirty seven billion dollars in value. Over the next few weeks. I mean during i have definitely regretted certain tweets that i have tweeted in my day but never like a thirty seven billion dollar regret. That's never happened. Which is good because i do not have thirty seven billion dollars. I think this is a striking example of how everyone in china is on a knife edge. Right now speculating about what the government will do next to big tech companies and this is a kind of a new development like in a lot of countries around the world. There's this briefing going on. About how big and how powerful tech companies should be. The only difference of china is that that rethinking is leading to sweeping action after the break. Anti-trust chinese style. He greg newsletter feedback have been loving your newsletter as of late. Oh they want you to switch to a sarah font switch to sarah phone. Where can people subscribe people can subscribe. Npr dot org slash planet money newsletter. Npr dot org slash planet money newsletter over the last year so china has really started to crack down on big companies and part of. What's going on here. Is that the government is kind of trying to put tech billionaires in their place like power struggles. Privacy and data security is another big element but leaving aside power struggles and data security. There is a real question. China's grappling with which the us's to and it belongs on an economics whiteboard tech companies behaving like monopolies and is this bad for the economy. I how are you. We call it up angela jong she is an associate professor at the university of hong kong. And she's the author of the book. Chinese antitrust exceptionalism and to tell the story of chinese antitrust. We wanted to focus on one company so we chose this. Chinese tech giant called may thuan. It's kind of like a super app. Sort of like the chinese equivalent of door dash yelp airbnb all rolled into one of you ever used to on yourself. Actually when i was in china mainland. China i use it. It was incredibly fast. I mean it's super convenient. It's incredibly efficient. Angela ordered some spicy szechuan food on a visit to beijing. She said it was steaming. Hot when it arrived totally delicious should no complaints. But she's mindful that there are downsides to dominant tech companies. Like may one. We asked about how she thinks through antitrust now all monopolies a bad but often monopolies are not good A bad monopolies that exploit consumers and exclude competitors so antitrust regulate those type of naughty behavior. Dorsey behavior what kind of nazi behavior. What a monopoly get into homes. Well i mean just think about platforms like twelve right. I mean so. It was recently a coups of charging consumers different prices when they all the food so charging customers different prices. That is one possible. Sign of a monopoly. If a company can charge different people different amounts maybe based on what it knows about those people that could be an example of a company exploiting its dominance. What are some other examples of things that monopolies can do that can make people worse off. Another example in the matron ks is not only can they exploit consumers can also exploit the other side. Which are the suppliers to the platform and there have also been similar complaints like this in the us about food. Delivery companies like grope hub and door dash. The restaurants complained a lot about this practices. And then they don't have any alternatives because may time was really too dominant firm in the market so exploiting consumers explaining suppliers. Those are a couple of different kinds of nutty behaviors. That angeles says the chinese government has been looking into another type of monopolistic. Behavior is something called exclusionary practices so when restaurants want to partner with me thuan. The company will say okay but a condition to using us is. You can only use us. You're only allowed to use may thuan other platforms. Do the same thing. And that is stifling. Competition in china in the long run angel says this kind of behavior really could harm consumers. That's going of the rough framework that angela has for thinking about these tick monopolies so we also of the last. Dick ido saw. What has the chinese government's approach to antitrust being and she said that because the government was trying to promote innovation and entrepreneurship. It's been pretty relaxed tech companies similar to the us. I mean think about facebook buying instagram. And what's up few barriers just like for the chinese tech companies. They make all this acquisition of the years without going through any of the antitrust reveals we're any mergers or acquisitions vetted and stopped now. None of them the regulators. Just don't touch those deals and so as a result the economy becomes very concentrated. There are now just two major tech companies in china that are involved in almost all major digital commerce alibaba and tencent. These are some of the biggest companies in the world led by some of the richest people in the world and just like in the us. The political mood towards these companies has shifted from championing them to starting to really worry about their dominance while things started change Right.
"big tech" Discussed on Motley Fool Money
"Services. That's things like apple tv. The arcade apple card fitness plus all of these things create the really strong and compelling apple ecosystem that investors have come to know and love. I know that apple print money so whatever money. They're spending on apple. Tv and the production of shows on apple. Tv is almost immaterial. That said emily. Do you think there comes a point where they need to make apple. Tv as essentially a standalone hit on. Its own because this is a business that wants profitability in all of its divisions. I don't think they need apple. Tv plus to be the best streaming service in order to succeed. But i certainly think they need to do a better job than they're doing right now. And that might include things. Like being more acquisitive. But i think they have been hesitant with that because as we just talked about regulations for these big tech companies have become under an extreme level of scrutiny. Recently so i don't think they're pushing super hard to make apple tv the newest and best thing in terms of streaming right now. That's a really competitive space. But i also think that it's on their radar that they need to make a better and more concerted effort and competing in terms of production value in popular. Tv shows if that's going to continue to drive service. Revenue growth microsoft second quarter revenue grew twenty one percent and once again the cloud business continues to impress. As you're fifty one percent jason's two trillion dollar company. I thought growth was supposed to slow down once. You don't tell sati and adele because it seems like he's still has his foot on the gas so to speak this steady stalwart here just turned in exactly the kind of quarter we expect from one of the most established companies in the world. Another example of big tech having a good year so forth stock is up almost thirty percent year to date and that looks poised to continue based on these numbers to your point there on the revenue growth very strong revenue forty six point two billion dollars earnings per share of two dollars and seventeen cents that grew forty two percent excluding currency effects and really strong performance from the key segments. They're intelligent cloud that grew twenty six percent for the quarter. But if you look at the commercial cloud revenue that was up thirty one percent for the quarter and gross margin for that cloud business expanded. Four percentage points to seventy percent Very encouraging to see to me. I look at microsoft and in multiple revenue drivers. It's just a good sign of a business. That really is set to do well here. In the coming years as we become more digital if you look at the strength of these different business segments union over the past three years gaining security and now linked in those three aspects of the business alone have all surpassed ten billion dollars in annual revenue each and that that most recently here with lincoln's revenue just passing ten billion dollars for the first time this fiscal year. That was up twenty seven percent. And what's even more impressive wilmington that growth is accelerating and i just. I just didn't realize that lincoln was still so relevant but that was a really shrewd acquisition. Five years ago revenue there is almost tripled since the acquisition of that growth is still accelerating which is just really impressive. And then you can't forget about teams of course who for all of the attendant. Zoom gets these days microsoft is really capitalizing on this move to hybrid work teams closing on two hundred and fifty million monthly active users. Nearly eighty million monthly active teams phone users talked a lot about zoom phone..
"big tech" Discussed on The Sean Hannity Show
"He would he would get law and order and safety insecurity back in the city of new york. The odds are very low in each case. I admire them for doing it. I really do. I want to help them. I get into question to and on the recalls gonna be very hard for you guys out there no and how you were saying the media the media blackout in certain areas And that's one thing. I don't i you know. Fox news Paid the patriot. i am. I'm all over the patriot channel but Bringing lie 'cause. I i really think you're having democrats come into the table now and realizing what's happening here are our drug. Problem is so rapid in california. And also to sean. If you can't change california you can also show urban areas in texas arizona florida that this is what the democrats of the united states of america have in store for all of america. Because that's really what they want. What's happening here. They wanna bring it to every neighborhood across the united states. And even if you can't change california you can show the rest of the united states what they have in store for them. Because i have an absolutely echo that exact same message that you just delivered And it's sad. And i i don't see this ending. While for the country or for the socialist utopia of california or new york or any of these other places. And it's just sad now now we're in an ideological battle where i don't see any middle ground i you don't reconcile secure borders and an open mortars amnesty you don't reconcile no no energy development versus energy independent. You don't reconcile Any of these tough issues. It's it's kinda scary where we are right now. Anyway i appreciate you being with us. I really do and i i you know the recalls coming. Let's see what happens. It's an uphill battle in my view. But you know with god i guess all things are possible right Eight hundred nine four one. Sean is our number. If you wanna a part of the program wrap things up for today. but you know what the news never stops now. We got a big week next week. We're going to watch the radical new green deal democratic socialist as they attempt now to bypass the normal as they attempt to bypass the normal legislative action of actually passing a bill us reconciliation. We will be standing up for you and giving you news. You'll never get from the media mob and that's all happening on monday. In the meantime have a great weekend. We'll see you monday..
"big tech" Discussed on The Sean Hannity Show
"He can't even remember if it was in the last ten years. And if you go down to the border patrol virtually every agents going to tell you Including those that are very supportive of joseph president by they're going to tell you that remain in mexico policy needs to come back. They're going to tell you that you can't take away title. Forty two authority. Which is what this administration has promised to do you. Can't you got to reinstate the the northern triangle estate asylum agreements that we had all of those things and and build a fence. All of those things would slow this thing down and stop the pull factors and and we could gain operational control of the border. This happened on january. Twenty first is is When he when biden rescinded these trump policies and within a few days you started seeing surge of the border that has grown a record number every month february through june of this year. Oh it's pretty unbelievable. I mean this. This is what they're now inflicting and doing to the country and this can happen and but it is happening any way it's gonna stop is if america actually follows the laws that have passes. You're a lawmaker. Joe biden's sworn to uphold our constitution. Our laws are based on constant our constitution that is the foundational aspect for every law. That is that is out there. Quick break more with congressman. Andy biggs As we talk about a whole host of issues eight hundred nine. Four one sean. Your calls final power of the program today in regular touch with these social media platforms and those engagements typically happen through members of our senior staff but also members of our covert nineteen team Given as dr martin murphy Conveyed a this is a big issue of misinformation specifically on the pandemic in terms of actions. Alex that We have taken working to take. I should say from the federal government We've increased research and tracking within the surgeon. General's office were flagging problematic. Post four facebook That spread this information as we continue. Arizona congressman andy. Biggs is with us. let me get to the other issue here. And that would be the battle that you're engaging in a letter to the by dim ministration condemning government censorship. Explain exactly what that means we're doing is i mean government. Censorship is basically The same thing if you have an agent or the government itself. So what's happened is if jin sake is representing the the administration and they tell us that they are working with the facebook and other social media sites to censor Basically any kind of opposition language those agents which is big tech now They are acting for the state. that's censorship that's article one or excuse me that's a first amendment violations and it needs to stop and they need to answer questions so we've submitted a bunch of questions to this administration seeking that they we want answers. We want answers. What makes them think they have authority and also do. They have databases are they. What's how's this surveillance going. And it's just another aspect of control surveillance state and this administration has no regard to your constitutional rights or mine. And that's what we're trying to get..
"big tech" Discussed on The Sean Hannity Show
"I'm sorry you're going through this and you're in our prayers and i mean not eight hundred nine four one. Sean is our number. You wanna be a part of the program Mike milwaukee and incredible wisconsin. What's up mike. How are you sir. Hi thanks for taking my call So i'm a very moderate democrat on thirty two a teacher for ten years now and i feel like historically liberals really always controlled democratic party and the media for them at her and the media mob but in the last handful of years i just really feel like the last to move the needle so much and further the ripped in the country through misinformation and just shallow debates that really lack foundation. So my question for you. Then you'd think that there's ever going to be a moderate democrat. That's gonna come out of the mix. That's not a puppet for the last. Because i feel like for a voter like myself. This pattern is just only getting worse you know. Do you remember. When joe lieberman remember he was on the ticket with al gore in two thousand as the vice presidential nominee of the democratic party. He lost the democratic primary in connecticut. I would have been eleven years old. Okay all right anyway jolie. I'd i know joe know. His family is is wife hadas. An amazing woman been friends with them for years. I think the world of both of them and we would agree on all foreign policy issues and disagree on on social and other issues..
"big tech" Discussed on The Sean Hannity Show
"Now i wanna lay the groundwork for this because one is you know. We've we've learned an awful lot since the very beginning here you know. Remember the the mob in the media the big tech mob. I called the the twitter. Blue check media a big tech colt. They you know oh. This is not realistic. Not hunters but this is not by so. We had john on last week any said. Yeah the fbi's best signature verification Agent for nearly three decades says. Yeah that's that that would be hundred biden signature On the repair. She john paul mac the repair shop owner that handed the computers over the fbi..
"big tech" Discussed on RNZ: The Detail
"When the taxman comes you. Pay twenty eight percents to attribute grand right wrong. They million dollars is just the underlying profit because the thing is you hit this parent company in australia and you had to pay them nine hundred ninety nine thousand nine hundred ninety nine dollars for advice services marketing stuff so i actually go neat. Profit was one dollars. He's you twenty. So i sit I asked them what. What's this huge payment. He'll us parents. And i said well we incur must've l. expenses in the face we tell you must've al iron. Tv we must have a corporate team there and their operations in the us to create the product which they sell in that senate. Fair and africa's google my take companies operates than i asked. Why did it chump. From eighty six million to five hundred and eleven million and the age is closed. Five hundred and seventeen million and they say it. It's how new operating model knows. Three would quite was as much detail was full. Coming new operating model a stretch they were fully within the The tax laws and we can construct replete with the new zealand government. A twenty sixteen analysis of twenty multinational was tax payments by the here. Nepal's suggested that if the local branches were as profitable as the parent company's the country was missing out on half a billion dollars in tax every year which raises. The question is what google has done. Legal i think it is talking to a Messy academic coup is an expert. An tax law victoria cannot ever. She said that there's no doubt they Within the law but that perhaps indicates that the The few handful of technical changes that we introduced in two thousand nine hundred two thousand nineteen have helping enough not being robust enough so maybe we could look to other countries for inspiration in australia. Capri go industries what they call the debated prophets takes so what's popularly known as the google techs so they said that if a multi national in the criteria by clayton described big tech companies if i moved revenue offshore Doing a contrived raisins rather than genuine business purposes. Then that have to pay a penalty tax rate of forty percent. It's basically where largely tech companies multinationals shift a whole bunch of their prophets overseas through licensing agreement intellectual property licensing and things like that where they pay big phase from side their australian or new zealand or uk subsidiaries two subsidiaries based in tax havens For intellectual property. That apparently comes from those tax. I evans but of course it probably comes from san francisco but that i really want to pay the tax there either and this is intended to put a forty percent tax on any prophets shifted overseas like that and given the australian corporate tax rate is currently thirty percent and slighted to fall to twenty five percent. Over the next decade. that's a fairly big disincentive for trying. It on and into symbol. They reached a settlement. Google that saw google pay. I think was a four hundred. Ninety eight million in payments to the strain takes office engine giant said. The move would resolve a long-standing dispute and provide certainty in relation to future tax treatment. It's big win. Mind you for the australian government with almost a third of big corporations. They're avoiding all tax payments and. That's what the australian tax office is saying. This supplement now makes up almost eight hundred and sixty million dollars that the hbo has collected from other tech giants. Thank lose facebook microsoft. An apple the being figuring out what a contrived reasons figuring out how much revenue. They're actually making the cost of policing and enforcement and they did. A australian takes office in the order of tens of millions. More to enforce it so was quite substantial and the us we saw president trump. Who's in power at the time. Not always afraid to take. But he didn't like to say foreign governments getting a slice of the the us multinationals tax so he basically city didn't want companies to have their own sort of local efforts to to grab takes from the take companies and he was basically just stopped doing it because i'm donald trump but they had Joe biden and he's taken a more. Your approach. Wealthy nations have agreed on a global minimum corporate tax rate of fifteen percent deal aims to prevent countries cetin artificially low taxes to attract investment especially from high tech companies. Finance ministers from the g twenty member countries came together in venice including china. The us and germany. The group represents the world's largest economies and it now has a common goal to set a minimum tax rates for companies of at least fifteen percent the post pandemic world must be fairer especially with regard to international taxation for too long there has been a global race to the bottom in corporate taxes will take them fifteen percent but all the Countries with i do business can have a a little slice of that on the proviso that you Drop proposals such as digital services takes which is something that New zealand has been looking at since about two thousand nineteen june. Two thousand nine hundred fish proposed we even administer shoot. Nash has released the digital service tax discussion document this afternoon which is now open to consultation. The platforms affected would be companies like uber facebook youtube instagram and airbnb. What is digital services. Take this is something france to one of these derived so matisse nineteen up in this looking at this problem and one of the things that was proposed was just a flights three percents Takes on whatever rainy. Big take company. Might here saturday at five hundred million that you're talking about it would just take two to three percent of that five hundred million and revenue and that will be biden's tax have been three percent between six percent. Those of mulling options. The complication will be that google sign l. new zealand rayvey wasn't in the order of five hundred fifty million. It was around forty three million last year because we had this huge internal charge for may use parents. And we don't count that as part of raving ye so would still fights over what counts as revenue here. This is quite a naive question. But why do they go so far out of the white and minimize the amount of takes that they pay any company. That's you know it's sort of a responsibility thing. This is capitalism. Well we're looking at. I mean the biggest companies in the us to be oil companies the car companies now the top tina's dominated by big tech companies apple misery at the top Amazon microsoft seeking than food facebook in the top ten. So these are all the The biggest companies in their publicly listed they'll have shareholders who who want to maximize profit. Nee just doing what they can stay just would say. They have a choosy to to make a maximum profit for the shareholders which is doing under the the.
"big tech" Discussed on POLITICO Dispatch
"This has been a pretty bad week on the whole first. Silicon valley source tells us that the white house plans the tab. Lena as chairwoman of the federal trade commission someone who is noted as a vocal critic of big tech companies members of the house antitrust subcommittee are holding a news conference talk about a series of new bills aimed at limiting the power of a big tech companies. The only way to stop this power is through antitrust reform. These bills addressed that power and we will break up big tech. Does this at all feel like the beginning of the end of big tax glory days. Wow that's very like deepened. Scary saturday. But i mean yeah i would say that maybe the beginning of the unrest cambridge analytica developing. Right now. there is a very good chance. Your facebook account or one of your friends account was hacked in fact more than fifty million people all around. The world are learning their accounts of also been compromised. But this is definitely like a everyone realizes now that it's it's definitely different. Yeah okay so the.
"big tech" Discussed on Startup Snapshot
"Competition law issues, right? If you look at Highland patiently took Facebook to call over Facebook's and willingness to remove certain social media posts. So that's the first thing the second is that you do have Southern new laws that are being implemented. So here is Singapore a few years ago. You had the popmart which is targeted, you know at fake news in general but also has a big impact on the social media companies you off. See in Malaysia, for example recently the Publishers. I actually think that they want to Lobby the government to force the government to implement some law that will allow out for Revenue sharing between social media and these news Publishers and they did this after the for what happened in Australia cuz in Australia now, is this big debate about making Facebook page Google pay news publishes for the content. So you see new laws being implemented as well as a push for new laws and then I think generally in markets like Indonesia Vietnam, you do see a design to text more and then goes back to what I mentioned about governments needing to raise more revenue and it's simply a case of who has the money whereas the money now and a lot of days with the big tech companies write off. So obviously the changes are happening here are still in the process of being implemented. Yeah some changes I guess have started to be implemented in some countries. Yeah. Yep. In terms of like the aggressiveness of the existing regulations, but have we seen kind of an observable impact on big tech companies suck when the law started clamping down on them in places like the EU in the US have they actually been affected by the these changes or is it pretty much just like business as usual for them? Yeah, I think so far. They haven't really been affected. So I was looking at an article that said that since 2017 Google has been fined nine billion dollars by the European commission while since 2017. Yeah, which is a huge amount of money right nine billion US Bank, but I was looking at the operating income since 2017 just a quick check on on Yahoo, you know their financial statements like a hundred and twenty nine billion in the same. So by no means is it a small amount? But I think you know, it almost becomes a cost of doing business, right? Yeah. Yeah. So I think that that's the thing and and and don't forget. It's not a lot of these regulations are involved the costs as well. I saw big Tech doesn't always lose. So recently the EU the the European commission also went after a poem for a deal that they had with Ireland and basically the the you wanted to force Ireland to basically clawback, you know, thirteen billion dollars solid 13 billion-euro in Texas that be you say that Apple should have actually paid but guess what it went to court an apple actually won the court case right? Although it's currently on appeal right? So I think big Tech definitely they're not taking this lying down, right they do they do fight back. So I think that's the first thing to note the second thing off. Is that you do see that they do become more willing to work with local players sometimes so for example, I think I mentioned that one of the constituents that have been vegetarian for more money for big Tech has been used Publishers, right? Because a lot of them find that you have revenues are trying up and then they see that Facebook is getting so much money from advertising and there's a piece of the pie. And so what you see is that for example, Google recently said that they were going to sign a deal with the local and National test Publishers in Germany versus Australia to actually work with damage to share everything with them. So that's one of the strategies right if I work with the local players, I might be able to persuade the government's not to regulate that area. And so that's that's the second thing. You see there is some willingness to try to fight allies and to work with people in order to relieve the pressure upgrade, right? I think the third thing that you see in terms of birth Off the impact is that Acquisitions definitely have become more difficult. Right? So I think you can forget about seeing another deal like what Facebook with Instagram or Whatsapp at the time. These deals were made. I think people didn't fully realize the significance and you know, I think the arguments on both sides for a while why why they should be allowed or not, but it's going to be very difficult now for these big tech companies to really make Acquisitions even small Acquisitions like Google and Fitbit. I think even those will be specialized now going forward very closely right wage cuz now all eyes are on big Tech and like every single move they make is being scrutinized every single move. They are and The Regulators are very afraid that they are basically buying up the competition wage and it may not seem like competition when they buy by the end of the few years time you realize oh if Instagram have been a company on its own you might have actually presented a big challenge to Facebook. That's debatable. Right? It's very hard to say wage. They may well be that if if Facebook didn't buy it, it would enter the support it you wouldn't have become what it is today, but we don't know with all that's happening between regulators and big tech one has to wonder how strong their players like early-stage startups or younger tech companies will be affected by the changes in regulation. Yeah have have we seen how smaller players or just the General Industry have been affected by tightening regulations around the world. So it's also a question of what what what you consider small. I think a lot of these laws have a threshold. So for example, if you don't need to hit Southern Avenue thresholds, you will not fall under the law. But if you look at Indonesia, for example, they have a new law that mandates that if you're above a certain size thought you meant more than a certain amount of revenue from Indonesia. You have to collect VT on behalf of the government. Right? And I think Sharpie actually was one of the players that fell within this rash. So they have to do it. I wouldn't worry about the really smaller startups getting caught in it. But I do think that for your growing companies. It's going to be a challenge right because at the end of the day off your Facebook your Google they can well afford to hire the talent and the compliance they need to comply with these regulations. A lot of your smaller companies may not be in a position to do so wage then how does it affect them and their growth opportunities? That is something that bears considering that is something that governments should have in mind when they think about the trade of implementing these more strict laws. Right? Right. We did talk a little bit earlier about how you know, there are arguments back and forth about how big Tech has been regulated down South East Asia around the world, you know, what what are people saying about the tax regulations and what are the critiques? I guess that they have. So I think in this situation it helps to look at the specific day. Area they were regulating. So let me give you an example. If you look at detailed localization that is a law that mandates that companies that collect data off a subject in a certain country have to keep that data within the country. Now. There have been arguments criticisms that.
"big tech" Discussed on Startup Snapshot
"Hello and welcome to Deep dive a show where we discuss the biggest headlines to hit the startup scene with the journalists who broke the stories. My name's net. And today. We're going to talk about the mounting pressure that big Tech firms are facing from South East Asian regulators. Picture this. It's 2001. The grammy-winning hit Drops of Jupiter is playing on the radio Sex and the City plays on TV Harry Potter and the Philosopher's Stone The Lord of the Rings and Shrek are out in theaters and the u.s. Is suing Bill Gates Microsoft for illegally maintaining a monopoly in the PC market. You see the tech giant had been putting legal and Technical restrictions on users and PC manufacturers forcing them to use. It's Internet Explorer browser instead of other programs like Netscape or Java the fact that every copy of Microsoft's Windows OS came with Internet Explorer was said to be responsible for the corporation's of victory of the browser Wars in early 2000s. There's a lot that was discussed in the case way too much to get into right now. But at the end of it the Court ruled that Microsoft's dominance in the PCOS game violated the US Antitrust Act which was set in place to regulate competition among businesses today twenty years later big Tech has once again drawn the ire of regulators only time. It's not just one big player that's been put in the hot seat. It's the whole big Tech scene and they're taking quite a bit of flak from Regulators around the world. If you look in the United States, the United States government is suing Google for violating competition law that Simon Hwang taken ages industry analysts just yesterday. You had the CEOs of Facebook Chicago and pizza being grilled in the Senate and I think that thing to note in the US that this is one of the very issues where you actually have bipartisan consensus on something else. That something needs to be done about big Tech. If you look at the EU, which is a another huge Market, they're coming up with a new legislation that is explicitly looking to curb the power of big take off even in China. It was reported that they may launch an antitrust probe into the conduct of a leap a and ReChat pay which are two of the fintech champions from China so long all of the mainstream economy in the world, right? You see the relationship becoming more contentious that's not all with covid-19 impact on the economy still evident in several markets across the globe governments are needing to spend more money to fight the pandemic and it just so happens that big Tech has been making quite a bit of that in the past few years. If you look at the market cap of the lifted make that companies your Facebook's your Apple's or Google's it's been an almost uninterrupted line upwards, right what's happened recently is obviously wage. Because of the covet pandemic it affects celebrated a lot of Trends accelerated digitization and I think most big tech companies have actually benefited from The Long Walk that Corvette rush it in because of the environment where in governments have had to open the their wallets right and start to spend more money and long wait this money going to come from one of the areas that you're looking at is raising taxes on big tank because we take is so profitable and it's making so much money on top of all that some big Tech players. I even found themselves caught up in in their country disputes. So look no further than take top right there was talk of a band in the US by the Trump Administration. Although that is now long hold while they figure out what to do about the potential deal with Oracle in India. The top was spent after the Border Skirmish between India and China, right? Yeah so long Give you look around the world. And you look at all these different areas. You will see that it's just become a lot more intense in terms of this journey suffice to say big text seems to be getting into pretty big trouble. But how did we get here? We use the word just now when describing the legislations that are they have been brought up in the EU you use the word power off. Can you describe that actually like do big Tech firms actually have a lot of power in these regions. Yeah. I think they definitely do and am actually it goes down to data and I think when Facebook first came onto the scene, we thought that we were just getting a service for free but what we didn't realize was that we were actually giving up a lot of our data online that was that being monetized and going forward data is going to become increasingly valuable and there is a perception and i d e It's true that you have a small number of big tech companies that are controlling our data and if data is power that's how they have accumulated power because they need to monetize. That's right. Obviously with that monetization. They have the resources right to local governments and to you know, hire people to look at reducing their tax bill, So then it starts to expand the scope of their power and influence read this kind of a rolling effect where like one thing leads to another from data leads to them being more power and information and then from there they can monetize that and with their big bucks they're able to buy certain, uh by certain benefits that folks are the companies don't have. Yeah, and this is the nature of a virtuous cycle of idea able to employ the smartest people to work for them, but then able to make more products that first Club Must and then it sort of just goes upwards and these events aren't just happening in the economic centers of the world some emerging markets in Southeast. Asia have recently begun tightening the screws on thet regulation as well. The difference is that we've just been a little bit slower to the take I think if you look at the broad areas, so in my article I divided the ABS of Regulation into for blood. First Data second content third tax and forth competition and if you look at all of these areas in Southeast Asia most countries already gave this.
"big tech" Discussed on The Happy Warrior Podcast
"They want they want your money for sure, but they don't want you a big Tech is not for the advancement of free. Free speech. They before 2016. There was a feeling in Silicon Valley that they were going to change the world to connect people and they wouldn't be evil but that's gone. It died over the course of the years by politicians and by activists by 2016 election and made people think that yeah, you know, what big Tech does have the power and we should use it. And so they want to and they will and they have given seats and more and more power to social justice activists and they have sequestered and cut off the employees and influencers that these companies who are heterodox and conservative. This is just the truth. The matter gang big Tech is not your friend. That is the lesson. I hope that we all learn we created this machine. We gave them fewer strengths. We gave them all our information and put all our trust in to them and we should have realized that if we created a power with few checks that perhaps one day it might outgrow us that life priorities. Would it be our own that perhaps if people who did have the best intentions in mind for the rest of us were able to somehow gain control and that my friends is the story of big Tech where we are at now, I believe in God's plan. I believe in the goodness of mankind our ability to overcome terrible obstacles, but this is one of those And I have hope that we will get it will find a way through this. I think I don't know how that happens. I think maybe in time other platforms show up or people wise up or our politicians get a backbone don't know what it is. Freedom is something special and it's worth defending and fighting for and it won't just exist without work on our bars. And so we need to do what we can here at the happy warrior podcast in your homes and throughout the country keep the flame of Freedom alive. And that's what we do here at the happy warrior podcast educating in a lightning so you can better see the obstacles that are in front of our path. I love all the cool things that come from Big Tech. I'm grateful for it, but I did not want to have to lose my freedom to get the Cool Tech goodies, and I don't think you want it either and I'm hoping that in the long run, that would be the decision by America job. And by the rest of mankind, well, this has been the happy warrior podcast. I appreciate you guys listening and checking the podcast out. Please be sure to share with your friends and family on social media page review tell everybody about this until next time, please look out for the interview with Al bukhari and the Deep dive on the post-millennial article. So until the next time good night America, thank you for listening the happy warrior podcast hosted by Peter Von fish be produced by Robert mailing off option of the Sioux Empire podcast Network. Learn more at happy..
"big tech" Discussed on The Dan Bongino Show
"American greatness Julie Kelley Silicon Valley, and team Biden are colluding to rig the two thousand, twenty election. Big Tech Censorship. Has Nothing to do with accuracy or fairness. You're darn right at. What does it have to do with come on? You can figure it out. As, to do with given Joe Biden, an edge why? We thought any of that through the liberals out there. Because who is absolutely decimating Joe Biden on facebook twitter. Youtube. Them. Donald Trump is opponent. When I say destroying him I'm basing that on facts not my opinion the reach of their accounts, the followers they're not the same thing. You can like my facebook page, which was had the number one post in the country yesterday. I don't even have a lot of followers relatively speaking have one point five, million they said sounds like a, it's not. We're not even in the top twenty in the country. Not even in the top two, hundred facebook page. Followers, ladies and gentlemen mean almost nothing. Reach is everything. Give. You A quick example why? Using my page but explains why they're so afraid of donald trump on facebook after the election saying, Hey, we won. This is great. You can have one point, five million followers who are loyal to the core like my audiences we love you for it. Believe me literally love you now like hyperbolic. You're the best. Talk. About you all the time. And if ninety percent of those followers follow share all your content. That's like one point three one point four, million people every day saying, Hey, check this out to millions of others at share it again. But let's say you have thirty million followers. You bought them or whatever it may be good advertising but you content stinks. And only thirtieth of those people share it. which would be a million. My Page with about one twenty fifth of the following has a greater reach than yours because your people don't like your stuff right? Donald Trump's following is ridiculous. He has the DEUCE. Joe. He has one of the biggest followings, the biggest and all of his people are super passionate. That's why fake book is saying. We're not going to allow him to declare victory even if he won. Waiting, for the certification. When. Did we do that? Joe You've only been involved in election coverage on conservative radio seriously what thirty years? How years and years nobody elections between local federal amid Joe is probably been through on conservative radio I'm not getting close to one hundred and fifty elections a bright right? Yeah. But not exaggeration. No. On Election Night Joel, the radio doesn't. Make, a prediction. Just throwing that out would you tune in for Hugh predictions? Yes there you go or else what? That's why people watch say just wait weeks for the certified results that everybody wants to know the predictions based on the data fake books not allowing that for one reason and one reason only donald trump has the following and he has the reach to shut Joe Biden out if they're teams convinced, they win and story come on Julie Kelley. Come come on man come on man job come on. That's exactly what he's saying fake point. Julie Kelley is all over this. Let's go to screen shot number one for a terrific piece. Here's the Hillary dog whistle. Here it is. I can't whistle Joseph Good West me. Whistle. Whistle, I can do yeah. Yes. Sorry. I'm not a good whistle my whistling terrible. I never learned that skill is as a kid for a number of reasons leave those for another thing usually taught that by someone told me at a whistle. So here's the Hillary dog whistle to the media. What's a dog whistle? It's a hint the nod a wink here media we need you to. We need you to this false narrative quote Hillary Clinton from Julie Kelly's piece. We can have democracy where we can have social networks that allow the spread of weaponized this information about our elections. Oh, all Relief Clinton tweeted on September sixteenth she goes on. But we can't have both. facebook twitter and Google can and must must joe act before the damage is done. Dog Whistle Man. Dog. You say. We. Loose. Comment or make an appearance on the shelf..
"big tech" Discussed on Exponent
"But year flexibility almost completely gone. There's only one place you can go, and that's when disruption happens when the bullet train is going to Tokyo and the opportunity is in Okayama wherever it might be their station in Ocala. There's a bad example you example where you lose the flexibility of changing where you go and that's the opportunity for startups and I remember we discussion with. Being of exponent where having a ton of assets is often viewed as a good thing. It's not just that it's not an advantage. It's an active disadvantage because those assets are expected to be used in a certain way and not another ways, and so you have this sort of framework and you mentioned the buying lots of ads by tiktok thousand great example of facebook acting like a big company of course, they're. GonNa take that money. Why wouldn't they? That's what their businesses and they were actually enabling the creation of their competitor. It was a brilliant example of this dynamic at work where you do what's good for the bottom line, and that actually leads to your demise, and that is what needs to be the organizing principle of our laws and regulations is not maximizing economic output because companies will do that on their own. It's maximizing the possibilities for these things to emerge such that we can build new train tracks for the future as opposed to making an ever faster bullet train right one hundred percent, and if you are policy makers and you are trying to do the right thing by the people who are on the bullet trains as opposed to the people who thinking about building new tracks just to continue your metaphor you're actually. Buying your economy, your creating a nested version of this where part of the dynamism of the American economy has been, they've been companies that come along and disrupt. Then again, who would have thought twenty years ago where we will young whippersnappers looking at the tech and I used to get up raid all this stuff and who would have thought that Microsoft. The next round of antitrust hearings focused on tech twenty years later, the big bag I from the late nineteen nineties wouldn't even get a seat at the table. On they probably deserve one but. Maybe. and. Maybe if they get TIKTOK, they'll get one after. Like the point is you kind of spreading these problems out economy you want people attacking those guys. You don't want to be out there trying to prop them up and do deals to make them that they've got plenty of resources. They don't need the help. Another analogy that I think makes this point is the problem with patents particularly in technology yes. A pattern is a bad thing. Pattern is a government granted monopoly. That's a bad thing, but it's a trade off the trade off as well. We want to incentivize innovation. And the creation of new things in such that they can enable profit. The reason we accept this side of monopoly is because we want the upside of innovation will in technology there's so much return and gain to being first because network effects kick in you developing a platform, etc etc. We don't need to put fuel on the fire. There is massive return from innovative technology and Larry Not Pants on top of that is just it misses the point and it's the exact same thing that's what you're driving at your companies. Are Plenty incentivize to maximize returns they are very good at it. The bullet train operator is very good at bill bone trainees, spending billions of dollars, research and development build faster bullet trains. What we need to be concerned about is the folks that are trying to go in a different direction right I. Love that you brought up this analogy because it ties. So perfectly back into the point you were making about the origins of the Chicago school and how something can be taken too far and when I think of intellectual. Property. Now inside of the United States I'd get the origins of it, but it's just being taken way too far to the point where it is no longer serving positive purpose it feels much Malaika drag. But because you've got all these people who are making this money who have the is of the people who Michael The laws, the problem continues Oh it's even worse than Europe I mean the copyright directive you have to prescreen content way say technically pristine the way it's written you effectively have to like it's ridiculous but. On another tangent but yeah, and this gets at the political points that the new British broadly focuses on, which is you have big companies. They get the government, the government regulations that favor them regulatory capture, all the things that we talk about it. True. It's a good point. You end up choking out new things choking out new growth I don't have the answers to this issue and a widow. Frustrated because I- poking at the antitrust argument against Big Tech Company and people take that as me being in favor of being large and I mean not to pick on you know you didn't mean it but it's like saying, Oh, just because I point out Republicans that means I'm pro-trump trump way. No just because I'm pointing out that your address argument doesn't work does not mean I am in favour. Only having five companies that matter I poke at it because I'm extremely concerned about it. I'm extremely concerned about not having sufficient innovation. I'm extremely concerned about the China point we're China is clearly choosing the giant approach where we're going to have a few champions and the answer has to be we're never going to out authoritarian China. We're never going to out central China we have to go. In the opposite direction as far as we can, and so I would argue my dear, people that are picking on me I care about more than you do by virtue of getting at the underlying assumptions and the tools that you're trying to use to accomplish this and saying what details a don't work and beef you misapply them. It's GonNa make the problem worse. I completely agree fired up. Yeah..
"big tech" Discussed on WNYC 93.9 FM
"Should do to break up. Big tech Kelsey Snell, NPR news, the capitol. Need help? Keeping up with the news checkout up, first NPR's morning news podcast. Our top stories first thing every morning, look for I wherever you find your podcasts. You're listening to all things considered from NPR news. There are more golf courses in the US than anywhere else about two million acres of Greenspace all told, but there aren't enough. Golfers to keep them all in business. Wisconsin public radio's Phoebe Petrovac reports on the consequences to understand what's happening today. You need to understand what occurred about thirty years ago in the late nineteen eighties golf was surging and the National Golf foundation encourage the industry to build a course day for ten years. Jeff Davis with the firm, fairway advisers says that encouragement was taken to heart. The genie was out of the bottle developers. All they heard in the mantra became was built, of course a day, and they did it over a twenty year period up until the early two thousands. They built more than four thousand new golf courses, Greg. Nathan with the National Golf foundation says many of those courses fit the same mold, it was a lot of expensive to build expensive to maintain high greens, fee golf course and Jake carrot who's with. The National Golf course owners association says it wasn't the golf industry building the courses it was the home building industry, that really drove much of the boom.
"big tech" Discussed on WAFS Biz 1190
"Is this going to have an impact on the Chinese economy, anywhere and everywhere, you are is America, energy, independent, Bloomberg radio, the Bloomberg business, and bloombergradio dot com. Bloomberg the world is listening, ever wonder why wedding so expensive why Brexit about China. Did you know that in economics? Professor use his way musicals to industry. His lectures, the Bloomberg benchmark podcast about 'em, much more. Join hosts Dan moss Kate Smith and Scott lemon a Wiki jogging dive into the top stories that drives the global economy. Find it on the Bloomberg terminal dot com. Nineteen soundcloud and what have you perfect Brown's? He'll favorite podcast marketing focus every business day. We. Other sectors that you want to have more or less exposure to behind the engine of games. Today's Wall Street actually US market looks relatively safe from Bloomberg intelligence. Boomer McCarthy joins us right now. If you go Sweeney unleash you listen today. Business. There are lots of considerations when you travel like comfort and safety, the big question will, I steal the business news? I need isn't enough to convince us that growth is not going to roll over. Here's your answer journal, Venezuela story that affect the price of used to see those inflationary pressures as transit trade. Is that a function GDP growth Berg radio the Bloomberg business app and bloombergradio dot com. The world is listening. Big tech is bracing for sweeping.