RSS Feed
September 17th, 2017 
Awake Goy
They aren’t “states” but we get the point. They certainly contribute to the surveillance state. Of course them “working” with regulators to an even greater extent would make things worse.
(From CNBC)
President Donald Trump has been a critic of Amazon, tweeting his disdain for coverage from The Washington Post, which is a personal holding of Amazon CEO Jeff Bezos. But Palihapitiya said he thinks that Facebook and Google face more regulatory risk, given the many retailers that compete with Amazon.
“Amazon is a microscopic portion of global consumption today, so ultimately I think it has more room to grow before it invites regulatory overview,” Palihapitiya said. “On the other hand, Facebook and Google effectively are surveillance states. And they have so much personal, private information about so many citizens of so many countries.”
Google has already had a tussle with regulators in Europe, after the company was slapped with a record fine in one investigation.
“It’s already beginning,” Palihapitiya said. “Because it’s part and parcel to them realizing that there’s too much power unbounded.”
Source Article from http://feedproxy.google.com/~r/blacklistednews/hKxa/~3/SfD-gYv7DGU/M.html
Posted in 
Tags: 
