Most swing state voters back measure to regulate Apple, Google app stores: poll
This post was originally published on this siteMost swing state voters believe that Congress hasn’t done enough to regulate Big Tech, according to a poll from the Coalition for App Fairness, which is pushing for legislation to crack down on tech giants. The poll found that 69 percent of likely...
Cannabis Companies Try the Metaverse as a New Marketing Platform
This post was originally published on this siteCannabis companies are using the metaverse to set up shops, promote their core product, and sell real-world merchandise and nonfungible tokens.
Amazon ramps up criticism of antitrust bill targeting tech giants
This post was originally published on this siteAmazon is ramping up criticism of a key antitrust bill that aims to rein in the e-commerce giant’s power, in part by trying to distance itself from the other tech giants targeted by the proposed legislation. Amazon’s vice president of public policy Brian...
Biden’s tech agenda gets a reality check as Elon Musk buys Twitter
This post was originally published on this siteWashington’s hands are largely tied as the world’s richest person acquires an influential social network, an impact of the regulatory void around social media companies.
Elon Musk is reportedly in advanced talks to buy Twitter
Elon Musk and Twitter’s board of directors were in advanced talks early Monday over Musk’s unsolicited bid to buy the company for $43 billion, The New York Times and The Wall Street Journal report. Twitter’s board met Sunday morning to discuss Musk’s $54.20-a-share offer, and while the board was originally expected to rebuff the bid outright, Musk’s disclosure that he had put together commitments to finance the deal was “a turning point” for the board, the Times says.
“The two sides were discussing details including a timeline to close any potential deal and any fees that would be paid if an agreement were signed and then fell apart,” the Times reports. Wall Street will likely view Musk’s offer views as “the beginning of the end for Twitter as a public company with Musk likely now on a path to acquire the company unless a second bidder comes into the mix,” Wedbush Securities Dan Ives wrote in an investor note on Sunday.
Musk, the founder Tesla and SpaceX, is believed to be the world’s wealthiest person.
Elon Musk Reverses Decision to Join Twitter’s Board, CEO Says
This post was originally published on this siteTwitter CEO Parag Agrawal said billionaire Elon Musk has decided he will no longer join the company’s board of directors.
GOP eyes ambitious agenda if House flips
This post was originally published on this siteRepublicans are eyeing an ambitious legislative agenda if they flip the House in November’s elections, setting the stage for countless clashes with President Biden on a host of thorny issues, from COVID-19 protocols and Big Tech to border security…
Anti-Tech Antitrust Bill Draws Criticism From All Sides
This post was originally published on this site A slapdash antitrust bill in the Senate has drawn criticism across the political spectrum. Unfortunately, it’s also drawn support from both major parties, as Democrats and Republicans compete to see who can stick it to Big Tech more. The American Innovation and...
Amazon to open Los Angeles clothing store, in first
This post was originally published on this site Amazon’s online commerce empire is taking another step into the real world with plans announced Thursday to open a shop in Los Angeles that would be its first bricks-and-mortar clothing store. An Amazon Style store to launch later this year is to...
Biden administration will meet with big tech firms Thursday over national security concerns in software
This post was originally published on this siteBiden administration officials will meet with key software developers and major tech firms like Apple and Google on Thursday to discuss ways of making open-source computer code more secure after a critical vulnerability emerged last month that US officials said could have affected...
