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Dismembering Big Tech – Breaking up is hard to do
It would please investors, but is unlikely to happen “Father lennon, have you some money? Buy Standard Oil.” That’s what John D. Rockefeller is said to have told his golf partner, a priest, when he heard the news in 1911 that the Supreme Court had ruled his oil company was …
Is Amazon Unstoppable? | The New Yorker
Politicians want to rein in the retail giant. But Jeff Bezos, the master of cutthroat capitalism, is ready to fight back. In 2017, a few months after Forbes named Jeff Bezos, the founder of Amazon, the world’s richest man, a rumor spread among the company’s executives: Bill Gates, the former wealthiest …
A top-of-the-range iPhone costs twice as much as it did a decade ago – Daily chart
But with sales stagnating, Apple is relying less on pricey devices and more on services APPLE’S PRODUCT launches are not what they used to be. A decade ago the unveiling of a new iPhone would inspire quasi-religious ecstasy; devotees would camp on pavements outside shops as the release date drew …
The regulatory woes of Big Tech multiply – In the crosshairs
But the titans may yet emerge unscathed “How did you go bankrupt?…Gradually and then suddenly.” Many technology entrepreneurs know this quote, from a novel by Ernest Hemingway—and often, from experience. The words have, of late, taken on new meaning. After years during which tech’s titans could do no wrong, they are …
Calls to rein in the tech titans are getting louder – Daily chart
The big five technology firms have spent billions buying rivals in recent years ON JULY 16th America’s House Judiciary Committee will summon representatives from four of the five big tech firms for a hearing entitled “Online Platforms and Market Power: Part 2”. The question at hand is whether the big …
What is Libra? – The Economist explains
Facebook’s digital currency could become one of the world’s biggest financial entities ANYONE WHO has watched the price of bitcoin bucking and rearing in recent years—or seen Facebook attacked for its handling of private data—might have been surprised to learn that the social-media giant is releasing its own digital currency. …
Editorial Cartoon: You can tell that’s fake.
Source: 05/31 Mike Luckovich: You can tell that’s fake.
China’s Huawei, 70 affiliates placed on U.S. trade blacklist – Reuters
WASHINGTON/NEW YORK (Reuters) – The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” – a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval. FILE PHOTO: The Logo …
Editorial Cartoon: Facebook Expels
Source: Facebook Expels
Source: Facebook Expels
Study predicts more dead Facebook users than living by 2070 – UPI.com
April 29 (UPI) — As many as 4.9 billion Facebook accounts could belong to dead users by 2100, Oxford University’s Oxford Internet Institute said in a report on Monday. A statistical analysis entitled “Are the dead taking over Facebook? A Big Data approach to the future” predicts that at least 1.4 billion …
Apple said Qualcomm’s tech was no good. But in private communications, it was ‘the best.’ – The Washington Post
Sealed documents, obtained as part of a trial between the two tech giants, offer a rare window into the decision-making process of one of the most secretive and powerful companies on the planet During the roughly two years Apple was locked in a legal battle with one of its suppliers, …