Commentary / World Aug 3, 2020
by Diane Coyle
Recent congressional antitrust hearing showed that they can no longer avoid the harsh glare of the political spotlight.
Recent congressional antitrust hearing showed that they can no longer avoid the harsh glare of the political spotlight.
U.S. lawmakers accuse Big Tech of crushing rivals to boost profits
Facebook Inc.'s Mark Zuckerberg, Amazon.com Inc.'s Jeff Bezos, Alphabet Inc.'s Sundar Pichai and Apple Inc.'s Tim Cook were said to have acknowledged concerning behavior.
Trump advances bid to weaken shield for Twitter, Facebook and other social media
The Trump administration pressed its offensive against online companies it accuses of censoring conservatives, asking regulators to dilute a decades-old law that social media giants such as Facebook Inc., Twitter Inc. and Google say is crucial to them. The Commerce Department on Monday asked the ...
'We are a battleground now': In Southeast Asia, U.S.-China tensions flare on social media
Tensions between the United States and China over the South China Sea have erupted into a war of words on social media, in what analysts see as a change in U.S. strategy amid a burgeoning superpower rivalry in Southeast Asia. After Washington last week hardened ...
Facebook and Zuckerberg disappoint once again
Facebook Inc. still doesn’t get it. A widely anticipated meeting on Tuesday between the social media giant and the civil rights groups behind the recent Facebook ad boycott — including the Anti-Defamation League, NAACP and Color of Change — did not go well. The New ...
Big Tech’s China faceoff risks sparking exodus from Hong Kong
Facebook, Google and Twitter are headed toward a showdown with China that could end up making Hong Kong feel more like Beijing.
Balkanization is bad for Facebook’s business
Social networks suffer when there are fewer people to network with.
Facebook’s growing ad exodus means more risks to revenue growth
No single company can significantly dent growth at Facebook, but a rising tally adds to pressure on other brands to follow suit.
Mark Zuckerberg loses $7 billion as companies boycott Facebook ads
Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network. Shares of the social media company fell 8.3 percent Friday, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in ...
Facebook ad boycott gains steam, but small firms can't quit so easily
A number of major apparel brands have promised to pull advertising money from Facebook Inc. as part of a coordinated campaign to pressure the social-media giant to crack down on hate speech and misinformation amid nationwide civil-rights protests and the lead-up to the 2020 ...
Biden team asks social media to remove Trump posts bashing mail-in voting
Democratic presidential candidate Joe Biden's political campaign has asked social media giants Facebook and Twitter to remove posts by Republican President Donald Trump on Monday that it said made false claims aimed at discrediting mail-in voting. Trump tweeted several times on Monday criticizing vote-by-mail plans ...
Biden campaign ramps up criticism of Facebook for disinformation
The campaign is focused on Facebook because of its reach. About 43 percent of voters consume news on the platform, according the Democratic National Committee.