Tech giants face new threats from the government and regulators

March 14, 2019

Anniversaries are often happy occasions, but not this one. March 17th will mark a year since the New York Times and the Observer published exposés about how Facebook enabled the personal data of tens of millions of Facebook-users to leak to an outside political firm, Cambridge Analytica. The resulting scandal has plagued the social-networking firm and provoked scepticism among politicians and consumers that big tech firms can be trusted to police themselves. Many Republicans and Democrats, who share little in common ideologically, agree that the tech giants need to be reined in. Software may be eating the world, as the technology investor Marc Andreessen famously said, “but the world is starting to bite back,” says Bruce Mehlman, a lobbyist in Washington.

Elizabeth Warren, a senator vying to become the Democratic nominee for president, recently suggested breaking up big tech companies, including Facebook, Google and Amazon, and unwinding some of their previously allowed mergers, such as Facebook’s purchases of the apps Instagram and WhatsApp. She has declared that big tech firms have “too much power over our economy, our society and our democracy.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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