Marketplace: New antitrust legislation would check the power of tech giants

Marketplace: New antitrust legislation would check the power of tech giants. “I spoke with Sen. Amy Klobuchar, D-Minn., who leads the subcommittee on antitrust and has introduced a bill intended to check the power of tech giants. It focuses mostly on acquisitions, aimed at preventing huge companies from buying potential competitors and forcing companies that control more than 50% of a market to prove that an acquisition wouldn’t reduce competition. The following is an edited transcript of our conversation.”

Daily Sabah: Turkey to require social media giants to appoint local representatives

Daily Sabah: Turkey to require social media giants to appoint local representatives. “Turkey will require foreign social media companies with high internet traffic to appoint a representative in the country to address concerns raised by authorities over the content on their platforms, a Reuters report said Thursday, citing a draft law. Companies that do not comply with the new measures could face having their bandwidth halved after 30 days by court order and then slashed by 95% if they hold out another 30 days, a draft law seen by Reuters showed.”

Bloomberg: The Coronavirus Could Offer Tech Companies’ a Shot at Redemption

Bloomberg: The Coronavirus Could Offer Tech Companies’ a Shot at Redemption. “As the coronavirus pandemic tears through the U.S., money is already flowing in from Silicon Valley heavyweights. Bill Gates has pledged more than $100 million from his family foundation to fight the disease. The Chan Zuckerberg Initiative has put money toward new equipment to try to quadruple Covid-19 testing in the California Bay Area. And Facebook Chief Operating Officer Sheryl Sandberg has teamed up with LinkedIn co-founder Reid Hoffman and other Silicon Valley notables to donate more than $5 million to feed impacted families.”

2020: Digital, Online, and Virtual Events for the Tech and Business Industry (Web Strategist)

Web Strategist: 2020: Digital, Online, and Virtual Events for the Tech and Business Industry. “For the business person who’s now working at home, or is travel-restricted, it’s more important than ever to stay connected to the industry. Many physical-world conferences are shifting to digital, virtual, or blended experiences. This list will help you stay organized on which event to attend, and when. Event organizers and marketers: use this to coordinate market timing.”

The coronavirus impact: Here’s how COVID-19 has affected the tech industry (CNET)

CNET: The coronavirus impact: Here’s how COVID-19 has affected the tech industry. “The novel coronavirus continues to wreak havoc in the global technology industry. Many companies have shut factories and banned business-related travel, and major industry events like Facebook’s F8, the Geneva Motor Show, Google I/O and Mobile World Congress continue to be called off because of the outbreak.”

Inside Indiana Business: Powderkeg Launches Culture Directory

Inside Indiana Business: Powderkeg Launches Culture Directory. ” Indianapolis-based tech networking platform Powderkeg has launched a new tool it says will showcase tech companies through their culture. The company says the Culture Directory, which currently features more than 300 tech firms, allows tech professionals to learn about company cultures. At launch, the directory includes companies in the Indianapolis area. However, Powderkeg says the directory will expand in 2020 with new features and locations, including Denver, Charlotte, Raleigh, Minneapolis and Pittsburgh.”

Techdirt: Turns Out Most People Still Don’t Hate ‘Big Internet’ As Much As Politicians And The Media Want Them To

Techdirt: Turns Out Most People Still Don’t Hate ‘Big Internet’ As Much As Politicians And The Media Want Them To. “The good folks over at The Verge have done a big consumer survey of people’s general opinions of various big internet companies and it shows that most people still like these internet services, and believe, on the whole, that they make their lives better, not worse. Even the services that get the ‘worst’ grades, still get over a 60% ‘favorable’ rating, while Amazon, Google, YouTube, Netflix, Microsoft, and Apple all come in over 80% positive (with Amazon, Google, and YouTube breaking 90%).”

New York Times: U.S. to Hold Tech Firms Accountable for Spread of Child Sex Abuse Imagery

New York Times: U.S. to Hold Tech Firms Accountable for Spread of Child Sex Abuse Imagery. “Legislation announced on Thursday aimed at curbing the spread of online child sexual abuse imagery would take the extraordinary step of removing legal protections for tech companies that fail to police the illegal content. A separate, international initiative that was also announced takes a softer approach, getting the industry to voluntarily embrace standards for combating the material.”

New York Times: UK to Make Social Media Platforms Responsible for Harmful Content

New York Times: UK to Make Social Media Platforms Responsible for Harmful Content. “Britain said it would make social media companies such as Facebook, Twitter and Snap responsible for blocking or removing harmful content on their platforms. A duty of care will be imposed to ensure all companies had systems in place to react to concerns over harmful content and improve the safety for their users, the government said.”