36 Burst results for "Big Tech"
Fresh update on "big tech" discussed on Bloomberg Opinion
"Tech platforms to use small business owners to lobby against a series of antitrust bills aimed at Google Amazon Facebook and Apple To build a chorus of popular opposition to this legislation Google has posted alarming alerts to the millions of marketers and business owners who use the company's tool for buying ads and promoting themselves and search a message at the top of Google's online dashboards Now warns these customers that proposed legislation could make it harder to find your business online But big tech companies aren't the only ones tugging on congressional heartstrings with stories from Main Street a network of anti monopoly and civil society groups also are using small businesses to make the exact opposite claim that big tech preys on the little guys and makes it impossible for them to operate without relying on Internet monopolies And that's the Bloomberg small business report Asset managers.
Dr. Kevin Roberts Describes the Heritage Foundation's Top 3 Priorities
"He is doctor Kevin Roberts. He comes from the Texas public policy foundation with his Sterling record and he is now the big man at heritage, doctor Roberts. Welcome to America first. Seth, thanks for having me. It's a pleasure, my friend. All right, so you bring a very, very strong reputation for being a serious Texan on the issues of conservativism. We are huge fans of Ed fuller, full disclosure. My wife is a director at the heritage foundation. We are close friends with K cost James the outgoing president who is a rockstar been on the show several times. I just want to give you a platform in front of 3 million patriots. You mentioned three or four big priorities for you. I was a strategist in The White House. You can't do strategy unless you prioritize things. You can't fix everything at once. So tell Americans across the country, what heritage is new priorities are under your leadership. Number one, education. And by that, I mean, if we in the conservative movement don't take advantage of the absolute frustration that Americans, including some of whom are apolitical have with the indoctrination in our schools, we've missed the opportunity of a lifetime education number one. Number two, big tech. It is past time as you know from your experience for our institutions starting with the heritage foundation to recognize that big tech is the enemy of the state to name them as such and to develop policy reforms as a result. We have the definitive set of solutions coming out in the next days that will describe that. And thirdly, China. I like you understand the threat that the Soviet Union was to freedom to Americans to people around the world. I'm a son of the 1980s. We have failed as a country to recognize and to name China as the same kind of enemy that the today that the Soviet Union was then inherited is going to be leading
Newt Gingrich Offers Advice to Next Republican Administration Against China, Big Tech
"So the next administration, the GOP writ large when it comes to the external threat of China and the internal threat of big tech, what would you say to president Trump? Well, I'd say, first of all, the text is easier of the two. Simply make them comment carriers and make it a ability to sue for triple damages. And you'll overnight see them change their behavior. But that's going to be a big fight, but there's no there's no excuse when you have a system like Twitter, which knocks off a person who got 73 million votes. Knocks off the oldest and fourth largest newspaper in America, the New York Post founded by Alexander Hamilton. But allows the Taliban spokesperson to stay on. You know the system is just plain sick. So I think we need to have I don't want government involved, but I think we need to create an opportunity for individuals and companies to protect themselves in court. And if you could sue for triple damages, I mean, the New York Post alone would have gotten a huge amount of money out of the way they were treated in
Congressman Jim Jordon Explains the GOP's 3-Step Plan to Rein in Big Tech
"Congressman Jordan, I was invited after the election to meet with one of the top members of not the political conservative class, but the RNC itself. And I said, fine, I'll meet with you. We had lunch very close to my studio here and I he asked me my advice as to what should happen now. Now that allegedly Biden won. And I said, if you guys want to be taken seriously by America, by at least 74 million Americans, if the Republicans want to be seen as serious, there's only two issues you must prioritize right now. One of them is election integrity. We've got to get serious on making it impossible or hard to steal elections even in cities like Philadelphia and Chicago. The second thing I said is big tech. You've got to be as serious as a heart attack on stopping the censorship of any American. Will you talk to us about what you're seeing from your colleagues? Does the GLP get it? Do we have a plan when it comes to big tech congressman? Yeah. Yeah. The first thing is, take away their liability protection. At a minimum, we've got to get rid of the section two 30. Take away this immunity, this liability protection that they've enjoyed. They're making editorial decisions. They're sensitive and conservative. I always always tell the story that this was a couple of summers back. I guess we'll come back in 2018. But Matt Gates gives me a call, and he says, Jim, Twitter is shadow banning us. And I'm like, I didn't know which out of any man. I said, well, that sounds terrible. Now, what is he explained to me? Turned out it was. They were in fact a shadow banning Gates represented Meadows representative Nunes and myself. So you got 435 members of Congress, got a hundred senators 535, only four. Only four were being shadow banned by Twitter. And it happened to be right in the middle of the whole Trump Russia investigation when we were pushing back on all the BS coming from the Justice Department. So this becomes a news and Twitter sends out a statement that says well, it was just a glitch in our algorithm. And I'm like, glitching your algorithm, what did you put in the algorithm the names Gates Meadows known as Jordan? Give me a break. So you're exactly right. So that's step one. Step two is we actually need to get that. There are some antitrust cases happening. We need to get those to the Supreme Court on an expedited fashion, so that we can get an answer. It sure seems like justice Thomas wants to look at this. Are these companies so big and so powerful that we need to break them up? Do we need to reform our antitrust? How do we have to do it? So we think that is that's the second avenue that we have to do. And then third, we need to look at, I think, regular Americans having a private right of action against these companies, the ability to sue when they censor you when they take down your content, when they throttle back your ability to reach people via social media. So I think those are the three things that we're trying to look at, but certainly to start its dissection two 30, that needs to happen
'Rigged' Author Mollie Hemingway Tells Us What to Expect From Her Latest Book
"The book we're talking to Molly Hemingway author of rigged How the media big tech in our Democrats seized our elections What can we expect in the book Things will learn in there because I think we're all suspicious Molly and it's the most American thing we can do is to ask questions I mean we had an unprecedented at least in modern times pandemic and election with millions of mail in ballots with counties that had very little experience with mass mail in ballots Florida has a lot of experience with that Therefore their election went off pretty well So what can we expect to find in the book Because a lot of people are still really concerned about this given 2022 being right around the corner So I tell a lot of stories detailed substantiated stories mostly focusing on Georgia Wisconsin and Pennsylvania But at heart it really deals with two big issues And the first one which kind of blew me away was the role that Mark Elias played in corrupting our elections I had been following Marc Elias because he was the guy who created the Russia collusion hoax in 2016 He was Hillary Clinton's general counsel He's the one who paid the people to make up the Russia story So I'd already been calling him I couldn't believe what a big role he played in corrupting our 2020 elections by enacting hundreds of changes of important election integrity laws flooding the zone with the mail in ballots We had such a more than threefold increase in the number of mail in ballots And it was just like you said done very sloppily And then the other thing was that I had been led to believe that when Mark Zuckerberg put $419 million of his money into the election system that this was like bipartisan help for COVID relief It wasn't That was a lie It was an overtaking of governmental election offices which are supposed to be preserved from partisan politics to run the democratic get out the vote operation and they focused on blue cities and counties in swing states Philadelphia to turn Pennsylvania and the cities in Wisconsin to turn Wisconsin Atlanta to turn Georgia and it was plotted out very savvy completely wrong I mean they just brought in an army of left wingers to run democratic operations in inside our governmental election offices And it was really effective
The Media Are the Most Powerful, Unaccountable Political Actors in U.S.
"We're talking to Molly Hemingway a terrific writer also the author of one of the hottest books out there right now rigged How the media big tech and the Democrats seized our elections Molly you know listen there are two people out there who I think are the biggest narrative busters on the right So I'll throw Sean Davis in there too You and Tucker You go throw a hit with an S in front of a grenade and the tent and a heartbeat if you think you think something's up No matter the media penalty and you're frequently attacked for it like Tucker and Sean are as well But the weird thing is you usually turn out to be right I mean you would debunk the hoax Russia hoax immediately You had shown the spygate story to not be a hoax But doesn't it speak to the power of the media over our collective Borg like psyche in this country on the left right now that people like you me Sean Tucker Greg Jarrod John Solomon We're all considered by the mainstream code Misinformation specialists and yet we've been right about everything Like there's nothing in your book you don't pack up with footnotes The Zucker box thing happened the Russian thing was old It's like again this did not speak to the power of the media that we're considered the outsiders and yet we were actually factually correct the entire time Oh it's amazing But I also think that it's important that people celebrate the marginalizing of our corporate media They have so much power They set narratives They do horrible things with their power And they are in my view the most powerful unaccountable political actors in the country But on the other hand nobody is believing there BS anymore and that's good And Democrats are and that's bad But their credibility is at an all time low I think the latest Gallup poll had 9% of Republicans believing corporate media and only a third of independence If not for Democrats they would just be totally in the
Why Mollie Hemingway Wrote 'Rigged: How the Media, Big Tech, and the Democrats Seized Our Elections'
"This story of how the media unnecessarily divides us I think is the biggest story of our time Really I don't think that the country 30 40% of the country are genuinely dumb people I don't think that so you have to ask yourself why do they believe the things they believe And the answer is because they're told it often and isolated from the truth That's why Someone who doesn't lie to you and tells you the truth is a Molly Hemingway senior editor at the federalist who has a terrific book out rigged how the media big tech in our Democrats seized our elections And might I add everything else to Molly Welcome to the show Thanks for joining us It's great to be here with you Molly you are a genuine media professional You know how it works You called at the last second which I love because I do the same thing You've done so much media You know they say call it one It really means one O 5 with 30 seconds And I like the way you optimize your time Very strategic and I got to say right Jim she cut it right up to the end That super impressed you one of the best Your book rigged how the beauty of big tech and the Democrats seized their elections It's been flying off the shelves It's a big issue And the media narratives about the election Molly are crazy I mean when you ask commonsense questions like hey what happened in Pennsylvania With the last minute unconstitutional changes to election law all of a sudden we're conspiracy theorists and crazies even though Hillary Clinton still thinks she won the 2016 election Your thoughts Exactly Exactly That's why I wrote it I was appalled how after the election even though we all experienced it as the weirdest election of our lifetimes with all the changes to the rules and the processes and the mail in ballots and the Zuckerberg funding and everything you weren't allowed to notice it or say anything And that just struck me as deeply suspicious And so I knew I wanted to look into it and figure out what actually had happened And I'm really glad
'Mr. Reagan' Creator Chris Kohls Describes the Pop Culture Success of 'Let's Go Brandon'
"Welcome back to one on one with mister Reagan. Let's turn Chris to because I want to get the sense from you a world that I don't understand. Let's talk a little bit about media. You have to be cautious. That's why you've created this alter egos and these fantasy stories you tell about certain elections on your YouTube channel. How are you doing, by the way? Are you being throttled are you being demonetized? How are the the Palo Alto big tech overlords treating mister Reagan? I do think some of some of the restrictions have been lifted recently, and I'm not really sure why. But I had this video about let's go brand and you know the let's go Brandon phenomenon. I decided to recap that because it was something that I started to see on Twitter and I follow this stuff kind of closely, so I kind of understood what it was pretty quickly. But I realized most Americans did not understand what let's go Brandon was. They didn't understand where it came from. They didn't understand all the phenomena that went along with it. And I said, okay, let me just do a comprehensive video about the let's go Brandon movement. And I did this video and it's up to, I think, almost 400,000 views now. So we're doing pretty good. Yeah, that one just really blew up. That was I think a lot of people were curious. Like, I don't understand this. Let's go Brandon thing. So my video, I think is the number one, let's go brand and video on YouTube. That's not like a music video. You know, there's all these songs that have come out. And then I was able to interview this guy, loser, Alexander, who you should have on your show by the way. Great guys. Yes, yes, yes, yes. His song went number one on iTunes, right? He had the song the hook is, you know what they say in hoe. That's the hook of the song. It's a great song. It's like it's very catchy. Most of America just fell in love with this song, and then Bryson gray came out with a song that got actually banned on YouTube because he mentioned COVID pandemic stuff. And so his song then went number one. We've had some on this show. He's great. He's great. He's a great guy. He's a great, but I think part of the success of his version was people thinking they were buying lows version and they bought his version instead. And so his so Lowe's is a little bit irritated. He's like, what is going on? I mean, they're both good songs. They're both good songs, or like I can say anything bad about either of them, but so I got loser on the show and because he's out here in LA. And he's a really good guy. You know, he's a strong Christian. He's a good guy. And strong conservative Trump supporter and just really cool song and a lot of fun. Anyway, so some of my videos have been doing pretty well. Others struggle a little bit, but then, you know, they're not all
Donald Trump Jr. Says Truth Social Will 'Cancel Cancel Culture'
"So Don Trump Junior I said went on Sean Hannity's program last night at Fox and made an enormous announcement I've had a lot of people didn't see this one coming You know that Trump team has been fighting for a long time for free speech and against the big tech communist totalitarians and their empires And you know people talk about it and some people do stuff Well they decided to do something Listen to Don last night on the Sean Hannity show This is really some exciting stuff Check this out Well showing it's a big deal You know for so long big tech has suppressed conservative voices If you're pro Second Amendment if you're a pro life if you're a religious if you're just a conservative you have been in Facebook jail you have been deplatformed You have been demonetized What we're trying to do is create a big tent in open and free network for people to be able to communicate to exercise your First Amendment rights And so tonight my father signed a definitive merger agreement to form what will ultimately be the Trump media and technology group and truth social a platform for everyone to express their feelings Big tech and all of those on the left for so long Sean have been saying well if you don't like the rules that we really enforce only one way on our platforms go create your own And so we did just that So that's going to launch very soon We're going to be in beta testing in the next few weeks Full launch first quarter of 22 It's going to be exciting and we're looking to give a voice back to the American people You saw what they did to the president of the United States We want to make sure that Americans have a voice No political discrimination We're gonna cancel cancel culture We're gonna stand up and push back against the tyranny of big tech I think America has been waiting for this We've been working on it for a while We've kept it under wraps But now we are in process to get that going to return our voice back to those who need it and who want
The Era of Big Tech Monopolies Is Coming to an End
"Just like in the early days where the news media the left wing hacks and activists in the media thought they'd have a monopoly forever with the advent of CNN and MSNBC later ABC NBC and CBS They swore there would never be a breakthrough and there was first a breakthrough in Fox News everybody laughed What a bunch of idiots Look at these dopes Well no one's laughing anymore You're seeing that now on the technology side The big tech monopolists and oligarchs have had a monopoly over the space forever That's ending That's been ending as of about last year When you saw a number of companies companies I'm involved with rumble a line pay companies I'm not involved with get her and others jump into this space and create these things Now there's truth social dot com This is Donald Trump's new site folks They were never going to have a monopoly forever There was never going to happen I'm telling you the left and the boycott brigade Their greatest gift to it We should call our companies Jim we should call them nardini Nardini LLC We should call them right We should thank them I'm not kidding Thank them for everything they did for inspiring us to create an entirely parallel economy and believe me when I tell you at least with my role on the parallel economy This is just the beginning I promise you it is just started We are going to have a space of our own where free speech is respected And it's going to be a glorious and beautiful
eBay Founder Is Financially Backing Facebook Whistleblower Frances Hauge
"That the Facebook whistleblower is funded by the billionaire founder of eBay. From PR to legal aid, so his name is Pierre, Oman diarr, a well-known critic of big tech, whose previous advocacy efforts have supported independent journalism and anti monopoly campaigns and employee activism. And he donated a $150,000 to whistleblower aid last year, the same nonprofit responsible for her legal representation. And notice what she's advocating for. She's not advocating for a breakup of tech, or how technology is making young people have serious health issues and destroying our capacity to communicate. No, what she's advocating for is a new government agency that will police speech. That will criminalize other ideas. And so the Facebook files continued to come out and the Facebook files are part, is she the one leaking them? I don't quite know. That's what's so strange about this. But a new a new one that we are involved in and I don't know, The Washington Post, for example, this article just posted by Sarah Ellison we've been knowing the story was going to come out for a while. Definite Facebook allowed conservative outlets to spread misinformation, and we're mentioned in this. Alongside prager university, diamond and silk, and basically what was happening is that Facebook employees were complaining to the CEO of Facebook, get rid of Charlie Kirk, get rid of prager you get rid of turning point USA because we don't like the ideas that they are spreading. And so then you take a step back, you've all this kind of happening at once. You have the selective leaks of these documents that are showing that the CEO, Zuckerberg and his team were not wanting to overly censor conservatives for misinformation, but that's like a false framing. We had our Facebook page demonetized. We've had our post suppressed. We've seen our engagement go down dramatically. So we've already experienced that. And so it's a complete false framing, and then you have this fake whistleblower come out and demand that Facebook is a company that needs more regulation. And then all of a sudden you see it all come together. Facebook realizes that they are seeing a trend a very quick trend where the winds of the nation are going to want to regulate them. And so Facebook is doing the thing that is in their best interest, not the best interest for the country, where they're saying, okay, we are going to then demand regulation that benefits
Regulator to probe into tech giants' payment practices
"Federal regulators are ordering apple Amazon PayPal and other tech giants to reveal how their proprietory payment networks function apple pay Google pay another systems now dominate E. commerce and person to person payments with systems that are often hard wired into smart devices banks have tried to compete to services like exile but they struggle to keep up lacking the integrated systems apple and Google operate the consumer financial protection bureau is seeking more transparency into the payment systems created by the big tech companies as well as details about consumer protections director Rohit Chopra says tech companies are quote eagerly expanding their empires to gain greater control and insight into our spending habits the CFPB has also raised potential antitrust concerns I'm Ben Thomas
Trump announces launch of media company, social media site
"Former president Donald Trump says he's returning to social media but it won't be where you used to find him I'm Ben Thomas with the latest trump says he's launching a new media company with its own social media platform the former president says his goal in launching the trump media and technology group and its truth social app is to create a rival to the big tech company sort of shot amount he was barred from Twitter and Facebook nine months ago for his role in inciting the January six insurrection at the U. S. capitol social media service trump's megaphone in his rise in national politics and as president trump used Twitter daily taking jabs at political rivals and those who crossed him and sometimes to announce policy I'm
Trump's executive order takes aim at social media companies
"Former president Donald Trump who's been expelled from major social media platforms is announcing he's launching one of his own Donald Trump says he's launching the trump media and technology group which will include a new app called truth social it's an effort to compete with the big tech companies have banned him from holding social media accounts over his role in allegedly inciting the deadly insurrection at the U. S. capitol in January trump says even the Taliban has a huge presence on Twitter but he has been silenced the new venture is created by a merger with digital world acquisition trump's previous effort to launch a blog on his website was abandoned Jackie
Mark Levin Recommends 'Rigged' by Mollie Hemingway
"And gentlemen those of you who have listened to this show of period of time I try to be as generous as I can with really good people Whether it's having people who sub for me and go on to other careers as podcasters or radio hosts Or authors who spend a lot of time writing really brilliant books I can't have everybody on I've talked about this before But I try to do my best and I do more than most And so whether we use this platform to allow people to become substitutes and project themselves from there or we use the platform to support certain authors That's a good thing It's a good thing And Molly Hemingway's book is fantastic Rigged how the media big tech and Democrats seized our elections I want to carry you very strongly You go on Amazon it's on sale grab it and you'll have it deliberate tomorrow the day after
Mollie Hemingway Previews Her New Book 'Rigged' About 2020 Election
"Gas is Molly Hemingway who's a fantastic writer And appears on Fox when she appears on Fox It's like the old EF Hutton commercials Everybody listens The book is rigged how the media of big tech and the Democrats seized our elections And ladies and gentlemen this is one of these books you need to have Why Because it tells you what took place and we need to make sure it doesn't happen again Isn't that right Molly We need to make sure this never happens again and you lay the whole case out That's what people keep talking about it as if it's something that happened once in the past and that's all we have to talk about But I'm mostly interested in it because caring about the integrity of elections is not new I mean this is something people have battled over in the country for a long time but it's really important going forward Some of what they did to change election laws really degraded the quality of the election and you can't have that because it's actually a threat to the republic if both winners and losers can't trust what's going on
Terry McAuliffe Wants to Turn Virginia into Maryland
"So here's my call Go ahead Huge differences Kate in this campaign I'm for raising the minimum wage to 15 bucks and for paid family medical leave I'm for paid sick leave All right So he wants the state taxpayers To pay for paid family leave and he wants the small businesses to raise the minimum wage He wants to turn Virginia in Maryland And what's going to happen here is I already see it as people are leaving this state This state is changing It's becoming an appendage certainly the northern part of the state of the federal government Where you have a combination of federal contractors federal bureaucrats and big tech AOL has a massive presence In Northern Virginia in fact 80% of all Internet traffic flows through loudon county Virginia believe it or not You see these massive windowless massive windowless buildings Several football fields long one after another after another after another Sure the communist Chinese have been targeted that But that's what this election is about in Virginia too Fundamentally altering
Why Does Gen Z Believe Leftist Garbage?
"Welcome back to one on one with me, Sebastian, and amala E. So, you are at the forefront. You are probably the newest national personality for this amazing institution that is pragya university. Will you tell us a little bit about first because you're in the trenches? Will you tell us why? Generates, what are you Generation Z, what are you? Yeah, I am. Okay. So why does Gen Z? Believe all this garbage. Break it down for us. Is it just the schools or tell us how they believed what you believed? I think it's a multitude of things. I think schooling is really important. I think that's a big part of it now, although it wasn't such a big part of it when I was younger, but the rise of CRT, critical race theory and DEI, diversity equity and inclusion is particularly putting young people at risk to believe this sort of ideology. But I think more so than that. It's social media and mainstream media. What they do is they pull these emotional stories. I'll talk about it in my case, things like tamir rice, Eric Garner, Michael Brown, the police brutality narrative. I was inundated with that narrative by mainstream media and by social media. And of course, you hear these harrowing stories of abuse. And so you'll like a post talking about how Michael Brown was shot and killed for being black and suddenly that's all you see on your social media feeds. And the big tech overlords are cognizant of that. They're pushing this sort of ideology to young people and everybody on their platforms. So I was getting it from social media. I was getting it from mainstream media. And then I had the brilliant combination of also getting it from my mother at home. And it didn't matter how successful I was as a young black female. I went through school. I was valedictorian of my high school. I worked a job after school. I started my own club at school. I got all these scholarships. I was inquired by Yale to go to Yale. And yet you would have asked me and I would have told you, I'm a press because I'm a black woman in America. And it's because these emotional stories that do not speak to a larger truth or a larger systemic pattern are so pervasive and they're able to cut through actual logic and reason when it comes to young
'Rigged' Author Mollie Hemingway Describes Changes to Election Law
"Again, the book is called rigged, I want to make sure I keep on plugging it how the media big tech and Democrats seized our elections. And so I want to get into kind of the mail in ballot piece of this. You wrote this piece for newsweek. Recently, and I think it's actually an essay from your book if I'm not mistaken, right? I think so yeah. Yeah, you wrote here about how the change in the election laws themselves had a profound difference in actually the outcome. And so talk a little bit about this because here's one of my complaints about how people talk about the election, which you've done a phenomenal job of doing the opposite, which is, people get so focused on a certain thing like machines or routers. This is comprehensive that there was so many different elements of this that all kind of worked in harmony together. Please talk about the mail in ballot, aspect of this. Well, and I dove in in Wisconsin for mail in ballots because I find that state to be so fascinating. Wisconsin's constitution says that everyone has the right to vote. They also have the right not to vote and that mail in or absentee balloting, I think is how they put it is a privilege. So there are different standards by which they judge in person, election day voting and absentee mail in balloting. And first off, before COVID or anything else, Wisconsin has a problem where they're not keeping their list as clean as they should. So people move all the time like a huge percentage of the population is constantly moving. You might have had yourself like 18 different addresses and you register to vote at one, and then you move to the next, but you're still on the old list. And so states are supposed to clean up their lists with some regularity. And Wisconsin had a quarter of a million voter registrations that they were supposed to remove from their list, but they didn't, they actually lost a court battle about whether to do it or not, but they still didn't. And then into this mix is COVID and the clerks of the two most democratic counties in the state say, we have this special provision in Wisconsin where you can register to vote without showing an ID. So usually you have to show an ID, but if you say you're indefinitely confined, then you don't have to show an ID. So they tell people to do it because of COVID. And I think they get another quarter of a million people registering to vote without requiring them without a requirement for showing ID. Some of them may have shown ID, but they're not
"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. 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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. 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"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 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 Cory Doctorow's craphound.com » Podcast
"Locating people goes beyond buying an audience for an ad. Activists who want to reach people who care about their issues can use this feature to mobilize them in support of their causes. Queer people who don't know anyone who was out can find online communities to help them understand and develop their own identities. People living with chronic diseases can talk about their illnesses with others who share their problems. This precision is good for anyone who's got a view that's outside of the mainstream including people who have used that we don't agree with or causes. We oppose big tech can help you find people to cooperate with you on racist or sexist, harassment campaigns, or to foment hey, full political movements. A discourse requires participants. If you can't find anyone interested in discussing esoteric subject with you, you can't discuss it. Big Tech has radically altered our discourse by making it easy for people who want to talk about obscure subjects to find since enabling conversations that literally never could have happened otherwise. Sometimes, that's good, and sometimes it's terrible. It's absolutely different from any other time. Secrecy. Some conversations are risky. Talking about your queer sexuality, intolerant culture can get you ostracized or subject you to harassment violence, talking about your affinity for cannabis in a place where it isn't legal to consume can get. You fired or even imprisoned. The fact that many online conversations take place in private spaces mean that people can say things that they would otherwise keep to themselves for fear retribution. Not. All of these things are good. Being coproducing deceptive political ads can get you in trouble with an election regulator and also send supporters to your opponents, advertising that your business discriminates on the basis of race or gender or sexuality can get you boycotted are sued, but if you can find loopholes that allow you to target certain groups that agree with your agenda, you can win their business. Secrecy allows people to say both illegal and socially unacceptable things to people who agree with them, greatly reducing the consequences for such speech this why private speech is essential for social progress? And it's why private speech is beneficial to people fermenting hate and violence. We believe in private speech and fought for it for thirty years because we believe in its benefits, but we don't deny its costs. Combined with targeting secrecy allows for a very persuasive form discourse. Not just because you can commit immoral acts with impunity, but also because disfavored minorities can whisper ideas that are too dangerous to speak aloud. Lying and or being wrong. The concentration of the tech industry has produced a monoculture of answers for many people. Google is an Oracle, and it's answers. The top search results are definitive. There's a good reason for that. Google is almost always right type. How long is the Brooklyn Bridge into the search box and you'll get an answer that accords, both with wikipedia and its underlying source, the hundred sixty seven report of the new. York City Landmarks Preservation Commission. Sometimes though Google is tricked into lying by people who wanNA push falsehoods onto the rest of us by systematically google search ranking algorithm, a system bathed in secrecy and subjected to constant analysis by the search engine optimization industry. Bad actors can do change the top results.
"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.