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Thread: Elizabeth Warren vows to break up Amazon, Google and Facebook

  1. #1

    Elizabeth Warren vows to break up Amazon, Google and Facebook

    (CNN)Sen. Elizabeth Warren released an aggressive plan on Friday to break up tech giants like Amazon, Google and Facebook, targeting the power of Silicon Valley with her populist message as sprawling Internet giants face mounting political backlash ahead of the 2020 presidential election.

    The far-reaching proposal would impose new rules on certain kinds of tech companies with $25 billion or more in annual revenue, forcing Amazon and Google to spin off parts of their companies and relinquish their overwhelming control over online commerce. The plan also aims to unwind some of the highest profile mergers in the industry, like the combinations of Amazon and Whole Foods, and Google and DoubleClick, as well as Facebook's acquisition of Instagram and WhatsApp.

    The proposal from the Democratic presidential candidate is sure to rankle Silicon Valley executives and investors as well as opponents of government regulations, while drawing applause from progressive activists, consumer advocates and a range of lawmakers who have railed against what they see as unsustainable monopolies in the industry...

    https://www.cnn.com/2019/03/08/polit...ook/index.html

  2. #2
    So if the Son sets you free, you will be free indeed. John's Avatar
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    Quote Originally Posted by krystian View Post
    (CNN)Sen. Elizabeth Warren released an aggressive plan on Friday to break up tech giants like Amazon, Google and Facebook, targeting the power of Silicon Valley with her populist message as sprawling Internet giants face mounting political backlash ahead of the 2020 presidential election.

    The far-reaching proposal would impose new rules on certain kinds of tech companies with $25 billion or more in annual revenue, forcing Amazon and Google to spin off parts of their companies and relinquish their overwhelming control over online commerce. The plan also aims to unwind some of the highest profile mergers in the industry, like the combinations of Amazon and Whole Foods, and Google and DoubleClick, as well as Facebook's acquisition of Instagram and WhatsApp.

    The proposal from the Democratic presidential candidate is sure to rankle Silicon Valley executives and investors as well as opponents of government regulations, while drawing applause from progressive activists, consumer advocates and a range of lawmakers who have railed against what they see as unsustainable monopolies in the industry...

    https://www.cnn.com/2019/03/08/polit...ook/index.html
    nah. If the SEC, FTC and various other agencies tasked with oversight were doing their jobs instead of looking the other way, these surveillance companies would already be down and out. This situation is similar to all the other generated crises, they allow it to happen and then step in with "we have to do something".

    I don't want a lying socialist/sociopath creating anything. She shouldn't even be in office.

  3. #3
    Senior Member Nikos's Avatar
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    She is a fluke. Boo Boo Boo!

  4. #4
    Warren is so full of herself.

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    Senior Member Nikos's Avatar
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    Quote Originally Posted by FireBrand View Post
    Warren is so full of herself.
    YEP

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    FireBrand (03-09-2019)

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