US attempts first step towards breaking up big tech
The US House Antitrust Subcommittee has formed a bipartisan investigation into competition in digital markets, potentially offering a threat to solid foundation of the technology giants.
The US House Antitrust Subcommittee has formed a bipartisan investigation into competition in digital markets, potentially offering a threat to solid foundation of the technology giants.
Traditionally, Silicon Valley have supported Democrat candidates, but with the resident internet giants becoming the political punching bag, this might change very quickly.
Silicon Valley is up there with Wall Street as a driver of US economic dominance, but this leadership position is increasingly coming under threat, including from those pesky Europeans.
The Senator Elizabeth Warren campaign roadshow is officially underway, and the tech giants are sitting in the crosshairs.
Facebook is only the tip of the iceberg, but Parliament is coming after Zuckerberg and his Silicon Valley cronies in the long-standing battle to understand and curb the influence of social media.
The State of California might be making friends in Silicon Valley with its defence of net neutrality rules, but in proposing a ‘data dividend’ on the digital economy, these kinships might turn sour very quickly.
The City of Paris has joined the overarching French battle against Silicon Valley, suing Airbnb for publishing 1,000 illegal rentals adverts.
The French government has bagged a win in its quest to hold Silicon Valley accountable to fair and reasonable taxation rules with €500 million secured from Apple.
The internet giants have started filing their lobbying reports with the Center for Responsive Politics with records being shattered all over the place.
The US Commerce Department has refused to renew an export licence at a Huawei subsidy in Silicon Valley, meaning China cannot access new developments at the site.
With some European nations unable to summon up the courage to tackle the infamous creative tax strategies of the internet giants, France has decided to write its own rules.
With Silicon Valley seemingly not doing enough to empower the consumer in the digital era, Congressman Ro Khanna is working on new proposals to more tightly regulate the technology industry.
With some of the tech industry’s biggest names acting incredibly irresponsibly, the friendly and welcoming reputation of Silicon Valley is fast becoming a thing of the past.
Silicon Valley is currently known as the centre of the world for innovation, but perhaps the philosophy of acquisition is starting to kill off the creative ambitions of this generation’s dreamers.
The European Commission is on the verge of kicking off a tax raid on Silicon Valley, unveiling a directive within weeks which would set the tax rate on tech companies between 2% and 6% of revenues.
The EU has announced the launch of its ‘Start-up and Scale-up’ initiative to support entrepreneurs in the region as it mounts a challenge to the tech friendly US.
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