Google, Facebook, and Twitter are reportedly “scrambling” to stop regulation of their companies by the government, according to a report.
According to Bloomberg, “Google summoned about 200 policy staff from around the world last month for a debate on whether the company’s size has made it too attractive as a target for government regulators,” while “Twitter executives have been in frequent contact with Congressional committees,” and “Facebook has hired two crisis PR firms.”
The action comes after an increase in calls for the regulation of technology companies from both Democrats and Republicans, who argue Silicon Valley has become too powerful and monopolistic. Breitbart News Executive Chairman Steve Bannon called for regulation of social media companies earlier this year.
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Anyone remember Prohibition? How'd that work with gov't intervention?
ReplyDeleteYeah, exactly!
How's that Harriet Tubman $20 Bill picture going?
Yeah, exactly!
Gov't won't mess with Google/twitter, et al - unless they do something to embarrass gov't! And they know that too!
IMAGINE the bribes (campaign contributions) that are flowing into Senate coffers.
ReplyDeleteBILLIONAIRES and extremely wealthy people who are non-stop in their efforts to put "we, the people" under every possible regulation, - economically, socially, morally, etc. - now are deathly afraid of some rules and taxes?
When it's OUR money, it's game time. Their money?
We need a time out.
Don't stop cheering. It's the fourth quarter now.