Comcast’s Peacock video stremaing service lost $520 million in the third quarter, the company said, more than twice the losses of a year ago, mostly due to programming expenses. But other than that update, Comcast executives hardly mentioned Peacock when discussing third quarter results on a conference call with Wall Street analysts—even though Peacock just a few months ago was a major focus for...
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Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament. How had they done it, she asked him. How had the EU managed to bring big tech to heel? The liberal Massachusetts senator, alongside Sen. Richard Blumenthal (D-Conn.), had stopped off in Brussels on August 25 to speak with European...
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