2018-07-15 11:35:00 Sun ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Facebook, Google, and Twitter attend a U.S. House testimony on whether these social media titans filter web content for political reasons. These network platforms have undertaken key attempts to improve transparency with minimal discrimination. For instance, Facebook has bent over backwards to placate conservatives in light of the social network giant's recent failure to remove specific pages on conspiracy theories. Google's video channel YouTube rep emphasizes that giving preference to content of one political ideology over another would fundamentally conflict with universal service provision. Twitter's strategists suggest that its primary purpose is to serve key user interactions with neither value judgments nor personal beliefs.
These online platforms then experience sharp stock market gains soon after their congressional clarification. In recent times, Google receives a $5 billion fine over anti-trust abuses in relation to its Android mobile operating system. The European Commission deems that Google has abused its dominant market position with 80% revenue intake in the smart phone market by forcing manufacturers to pre-install Google Search and Chrome. As a result, this unfair practice prevents several other tech firms such as Amazon, Alibaba, HuaWei, and Oppo from being able to find alternative manufacturers for Android mobile devices. Despite this harsh penalty, Google's recent stock market performance remains robust.
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2021-11-22 11:29:00 Monday ET
U.S. judiciary subcommittee delves into the market dominance of online platforms in terms of the antitrust, commercial, and administrative law in America.
2018-05-17 07:41:00 Thursday ET
Has America become a democratic free land of crumbling infrastructure, galloping income inequality, bitter political polarization, and dysfunctional governa
2018-09-25 10:35:00 Tuesday ET
Sirius XM pays $3.5 billion shares to acquire the music app company Pandora. This acquisition would form the largest audio entertainment company worldwide.
2019-02-06 10:36:49 Wednesday ET
President Trump delivers his second state-of-the-union address to U.S. Congress. Several key themes emerge from this presidential address. First, President
2019-08-05 13:30:00 Monday ET
China continues to sell U.S. Treasury bonds amid Sino-U.S. trade truce uncertainty. In mid-2019, China reduces its U.S. Treasury bond positions by $20.5 bil
2018-12-11 10:34:06 Tuesday ET
Several eminent American China-specialists champion the key notion of *strategic engagement* with the Xi administration. From the Hoover Institution at Stan