big tech

End of web2
Tech’s Money Woes: Beginning of the End for Web2?
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about AI and decentralization.
End of web2

(Joanna Kosinska/Unsplash, modified by CoinDesk)
Responding to the 26 Anti-Crypto Technologists
Crypto makes big claims but it has a small footprint. That’s how it’s supposed to be.
(Joanna Kosinska/Unsplash, modified by CoinDesk)

The European Commission's Margrethe Vestager (Alexandros Michailidis/Straight Out Of The Camera/Bloomberg/Getty Images)
EU Agrees on Law to Curb Online Ads, Strip Illegal Content
The Digital Services Act, targeting big tech firms like Apple and Meta, is viewed as a “constitution for the internet.”
The European Commission's Margrethe Vestager (Alexandros Michailidis/Straight Out Of The Camera/Bloomberg/Getty Images)

Margrethe Vestager and French Minister Cédric O in negotiations Thursday (French Economics Ministry)
EU Passes Law to ‘Rein In’ Big Tech’s Domination Over Smaller Players
Companies such as Google, Apple, Amazon and Meta could face fines as high as 20% of turnover as the EU seeks to stop “gatekeepers” curbing competition from smaller players.
Margrethe Vestager and French Minister Cédric O in negotiations Thursday (French Economics Ministry)

(Shutterstock)
Facebook, Square, PayPal and Others Told to Hand Over Payments Info to Consumer Finance Watchdog
The Consumer Financial Protection Bureau wants to see information about the payments products, plans and practices of Google, Amazon, Apple, Facebook, Square and PayPal.
(Shutterstock)

ECB (Shutterstock)
Big Tech-Issued Stablecoins Could ‘Amplify Shocks’ to Financial System, Says ECB Exec
CBDCs could therefore represent “an anchor of stability,” according to a member of the ECB’s executive board.
ECB (Shutterstock)

Breakdown 7.9.21
As Biden Targets Big Tech, a Reminder That Decentralized Technologies Are Anti-Monopolist
President Biden’s decisive action to promote competition in the U.S. reflects a decreasing public approval of Big Tech.
Breakdown 7.9.21

US Senate with fence
US Senate Bill Re-Introduces Suspicious Activity Reports for Social Media
The bill would create “suspicious transmission activity reports” for tech platforms.
US Senate with fence

MOSHED-2020-10-22-10-48-6
Cory Doctorow: The Monopoly Web Is Already Here
The science fiction writer on how monopolies came to dominate today's economy and why the orthodoxy of tech criticism is wrong.
MOSHED-2020-10-22-10-48-6

MOSHED-2020-10-23-11-29-28
What It Means if Companies Like Twitter Are 'Systemically Important' to Financial Regulators
NYDFS proposals following the Twitter hack are a warning to everyone using centrally controlled "designated" platforms.
MOSHED-2020-10-23-11-29-28