Regulating Big Tech: Is a Day of Reckoning Coming? (Knowledge@Wharton)

Knowledge@Wharton: Regulating Big Tech: Is a Day of Reckoning Coming?. “Big technology companies such as Facebook, Amazon, Google and Apple are on the cusp of a new era of regulatory oversight in the U.S., after years of being penalized in Europe for anticompetitive practices. The clamor from U.S. regulators has gotten louder recently, with calls for investigations into Big Tech’s antitrust activities, as well as the implications of their data gathering on privacy and the democratic process.”

Quartz: The world’s biggest economies are moving closer to a global tax for big tech

Quartz: The world’s biggest economies are moving closer to a global tax for big tech. “The world’s largest economies took a step toward effectively taxing tech giants like Facebook and Google, by compiling rules that would close loopholes used to avoid corporate taxes. Such a crackdown could make it harder for multinational tech firms to reduce their tax burden by booking profits in countries that have low tax rates, according to Reuters, citing a draft communique by G20 finance ministers, who are meeting in Japan.”

The Next Web: Here’s how to find ethical alternatives to big tech products and services

The Next Web: Here’s how to find ethical alternatives to big tech products and services. “It’s not like any of us went to a store for unethical people and told the clerk to load us up with dozens of products and services developed by companies that have no regard for personal privacy, human rights, or the future of our planet. But here we sit.”

MIT Technology Review: How to regulate Big Tech without breaking it up

MIT Technology Review: How to regulate Big Tech without breaking it up. “US regulators are seriously questioning whether companies like Amazon, Apple, Google, and Facebook have too much power. This new push to curb the might of Big Tech has a catchy solution: break up the companies. But a breakup will be hard to force, and the history of trustbusting suggests that many other solutions are possible.”

Becker’s Hospital Review: Why university medical researchers, physicians are jumping ship to big tech

Becker’s Hospital Review: Why university medical researchers, physicians are jumping ship to big tech. “Palo Alto, Calif.-based Stanford University has been competing with Silicon Valley technology companies to keep medical researchers, according to STAT. Like many other universities, Stanford has partnerships with various tech giants, including Google and Apple. However, these partnerships have resulted in some researchers and physicians leaving their university positions to work for the technology companies.”

New York Times: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In

New York Times: Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In. “The federal government is stepping up its scrutiny of the world’s biggest tech companies, leaving them vulnerable to new rules and federal lawsuits. Regulators are divvying up antitrust oversight of the Silicon Valley giants and lawmakers are investigating whether they have stifled competition and hurt consumers.”

Brookings Institution: The U.S. falls behind international efforts to rein in technology platforms

Brookings Institution: The U.S. falls behind international efforts to rein in technology platforms. “A new report by myself [Clara Hendrickson] and Brookings’s Senior Fellow Bill Galston outlines the major political and economic threats posed by today’s largest online platforms. In it, we lay out the laws and proposals taken up in countries outside the U.S. and consider the ways in which the U.S. might follow or deviate from actions pursued elsewhere to rein in big tech.”