Stakeholder Capitalism

U.S. DOJ and State AG's Sue Google under the Sherman Act

October 28, 2020

Relying on the 1890 Sherman Act, the U.S. Department of Justice (DOJ) and 11 state attorneys general have sued Google in federal court, alleging that Google has cornered the search engine and online advertising markets by effectively becoming the “gatekeeper of the Internet.”
FB blocks 120,000 posts and Rejects 2.2 Million Ads Related to U.S. Election

October 21, 2020

Using artificial intelligence tools and thousands of employees focused on election-based content, Facebook removed 120,000 posts from its platforms for attempting to obstruct voting and blocked 2.2 million ads for failing to complete its authorization process to target U.S. audiences.
U.S.J.D. Files Antitrust Lawsuit Against Google

October 21, 2020

The U.S. Justice Department has filed an antitrust lawsuit against Google accusing the company of abusing its dominance over smaller rivals.
Talgo: Big Tech's assault on free speech

October 21, 2020

Writing in The Hill, Chris Talgo argues that Big Tech's unprecedented control over political expression is exacerbating the public’s perception, highlighted in a 2018 Pew Research Center study, that social media platforms actively censor political views that those companies find objectionable.
Jonsson and Owen: Policy Makers Must Reign in Big Tech

October 21, 2020

According to Oscar Jonsson and Taylor Owen writing for the Project Syndicate, the concentration of power and wealth in the hands of a few global digital firms who shape national and international policies and outcomes justifies the global governance of the digital economy, including global data governance, standards and regulation of online content, and taxation.
Holmes: IRS Under Investigation for Buying Smartphone Data

October 09, 2020

Writing in Business Insider, Aaron Holmes reports that the U.S. Treasury Inspector General is investigating the Internal Revenue Service over its practice of buying people's smartphone data from private surveillance companies, which raises Constitutional concerns.
U.S. Congressional Investigation Finds that Tech Giants Hold Monopoly

October 09, 2020

A 16-month U.S. House congressional investigation into Amazon, Apple, Google and Facebook, which may result in future regulation, has concluded that the tech giants hold "monopoly power" in key business segments and have abused their dominance in the marketplace hindering innovation, reducing consumer choice, and weakening democracy.
Tillman: Google to Face U.S. Department of Justice

October 09, 2020

Jeremy Tillman, president of Ghostery, writes in Newsweek that Google will soon come before the U.S. Department of Justice (DOJ) in an antitrust case, with the possible outcome resulting in more private browsing options and democratization of the Internet, giving consumers a say in how they trade value for the online services they use, either by providing data, seeing ads or paying out of pocket
AP Stylebook Changes Definition of the Word "Protest"

October 06, 2020

National Review has reported that the Associated Press Stylebook, an English grammar style and usage guide created by American journalists linked with the Associated Press, is discouraging the use of the word “riot” to describe violent protests, instead expanding the definition of “protest” to include violent demonstrations.
Carmakal: Ransomware Attacks on the Rise

October 06, 2020

In an interview withThe New York Times, Charles Carmakal, an executive with the cybersecurity response company, FireEye Mandian, warns about the increase in the use of ransomware, which is leading some U.S. officials to worry about ransomware groups that may try to freeze voter registration data or otherwise disrupt U.S. elections.