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As the 2020 election cycle shifts into high gear, streaming video and audio companies such as Hulu and Spotify are looking to capture a bigger part of the expanding digital political advertising market, which Facebook and Google dominate.
Hoping to cash in on Americans’ growing appetite for news and entertainment delivered via streaming services, the companies are hiring executives, ...
Last week, I criticized Facebook co-founder Chris Hughes’s argument over the need to break up Facebook. “We break up companies when they are bad for competition, not when their CEOs hold too much power,” I wrote.
My belief was based, in large part, on the fact that recent antitrust cases have targeted companies whose anticompetitive behavior leads to consumers paying higher ...
Federal regulators’ negotiations with Facebook over how severe a penalty the social media company should face for privacy violations has shaken the political status quo. Democratic and Republican lawmakers, who these days find little to agree on, have teamed up to demand tough consequences for Facebook. Typically reticent Federal Trade commissioners have been hinting at their divisions ...
I’ve read Facebook co-founder Chris Hughes’s op-ed calling to break up Facebook a few times now and fixate on a different point of his very lengthy argument each time. It’s an ambitious attempt to drawn on history and our own ethical senses to argue that the world would be better off with a far weakened version of the company he helped create.
But the biggest strength of the ...
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