Saturday 1 April 2023

Google and Meta

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Ted Cruz, Elizabeth Warren and other senators propose bill to break up Google and Meta

The Advertising Middlemen Endangering Rigorous Internet Competition Accountability Act, aka the AMERICA Act.

“Introduced by Republican Sen. Mike Lee of Utah, the bill would prohibit companies from owning multiple parts of the digital ad ecosystem if they ‘process more than $20 billion in digital ad transactions.’

“The bill would kneecap Google and Meta, the two biggest players in digital advertising by far, but its provisions seem designed to affect almost every big tech company from Apple to Amazon, too …

“‘Companies like Google and Facebook have been able to exploit their unprecedented troves of detailed user data to obtain vice grip-like control over digital advertising, amassing power on every side of the market and using it to block competition and take advantage of their customers,’ Sen. Lee said in a press release …”


At 1 April 2023 at 03:06 , Anonymous Anonymous said...

Google co-founder Sergey Brin issued subpoena in lawsuit over JPMorgan’s ties to Jeffrey Epstein

Also subpoenaed: Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz

“The subpoenas from the [U.S. Virgin Islands’ attorney general] seek any communications and documents related to the bank and Epstein …

“The four men are some of the wealthiest people in the U.S., and it couldn’t be determined why they were being asked for the communications and documents.

“Mr. Brin is a co-founder of Google and a board member of parent Alphabet Inc. Mr. Pritzker is executive chairman of Hyatt Hotels Corp. Mr. Zuckerman is a real-estate billionaire and owner of U.S. News & World Report. Mr. Ovitz is a venture capitalist and former talent agent for Hollywood stars …”


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