To better police misinformation, social media companies can curb their appetites for constant engagement.
Governments and observers across the world have repeatedly raised concerns about the monopoly power of Big Tech companies and the role the companies play in disseminating misinformation. In response, Big Tech companies have tried to preempt regulations by regulating themselves.
The U.S. government forced wireless companies to let you take your phone number with you when you switched carriers. A similar move may be called for again.
Reining in the power of big tech companies, including major social networks, is an idea with growing bipartisan support in Washington. Much of the debate so far has revolved around the idea of breaking up companies such as Facebook to limit their reach and influence. But such “structural remedies” require a difficult and costly court battle, and history shows that they can take a decade or more to play out.Read Full Story
In a congressional hearing about disinformation on Thursday, Representative Debbie Dingell, a Michigan Democrat, asked Facebook CEO Mark Zuckerberg to respond to a claim he once made about his own company: that the more likely content posted to Facebook is to violate the company’s community standards, the more engagement it will receive. Is this, she…
Photo by Altan Gocher / DeFodi Images via Getty Images The Wikimedia Foundation is creating a new paid service for companies that draw on Wikipedia…
Dual-class voting shares concentrates power in the hands of investors and founders, a troubling trend that disrupts the checks and balances needed to keep business accountable.
Coinbase’s plan to go public in April highlights a troubling trend among tech companies: Its founding team will maintain voting control, making it mostly immune to the wishes of outside investors.Read Full Story
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