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Amazon, Facebook and Apple, Targets in D.C., Boost Lobbying Spending

Amazon, Apple and Facebook all spent record amounts on their Washington, D.C., lobbying efforts in 2019 as they tried to counter a host of antitrust investigations and mitigate anger over privacy violations, according to the Washington Post. Both Facebook and Amazon spent close to $17 million in 2019, representing a 32% hike for Facebook and a 17% increase for Amazon. Apple spent $7.35 million,...

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What TikTok’s Future Might Look Like Under Oracle and Walmart: The Information’s Tech Briefing

ByteDance’s hopes of getting President Trump’s approval for its proposed deal with Oracle appear to be dwindling by the day, judging by the blizzard of media reports about the debate going on inside the Trump administration. That raises the prospect that ByteDance will have to accept a less favorable deal by yielding control of the app to some conglomeration of Walmart, Oracle, ...

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