France’s watchdog CNIL alleged Alphabet Inc.’s Google Analytics of giving U.S. intelligence services access to French website users’ data. The regulator alleged the U.S. tech giant lacking sufficient measures to guarantee data privacy rights under European Union regulation when transferring data between Europe and the United Stats. The French website manager responsible for the non-compliance had one…
Kara Frederick: Big Tech Totalitarianism and America’s Emerging Social Credit System
February 12, 2022
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“It’s not just social media companies or your right to be on Twitter, your right to be on Facebook. It’s everything. Email delivery services, online fundraising platforms … It’s every aspect of your digital life,” says Heritage Foundation research fellow Kara Frederick. From Twitter to GoFundMe, digital platforms have shut down accounts, fundraisers, or online…
Google’s Anti-Competitive Practices Causing ‘Considerable Harm’ to Advertisers and Consumers: Publishers Council
February 12, 2022
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The European Publishers Council (EPC) has filed an antitrust complaint against tech giant Google with the European Commission, aimed at breaking the company’s hold over publishers and other entities that are part of its vast ad ecosystem. “It is high time for the European Commission to impose measures on Google that actually change, not just…
Microsoft, Intel, GE Provide ‘Direct Support’ to Chinese Military, State Security Bodies: Report
February 5, 2022
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Eight major U.S. tech companies have business links to the Chinese military and security apparatus, according to a new report by the Washington-based advocacy group Victims of Communism Memorial Foundation (VoC), and Horizon Advisory consultant group. “In their endeavor to capture Chinese markets and boost their bottom lines, American corporations have increasingly supported Beijing’s military modernization,…
Google to Work With Ford on Detroit Research Hub
DETROIT—Ford Motor Co. announced Friday that Google is joining the automaker’s effort to transform a once-dilapidated Detroit train station into a research hub focused on electric and self-driving vehicles. Also, Detroit and the state of Michigan have agreed to provide infrastructure and other support for the Michigan Central Innovation District that will include the defunct…
Are Google Q4 Results a ‘Good Indication’ on What’s Coming With Facebook Earnings?
Loup Funds co-founder Gene Munster and managing partner Andrew Murphy turned talking heads on Alphabet Inc.’s fourth-quarter earnings. What Happened Murphy said he loved the “strong results” and that the markets reacted positively. Munster labeled Google and rival Apple Inc. as the “two bellwethers,” saying that the upside in search stood out to him. “It…
Google Shares Become Affordable With 20-to-1 Stock Split
February 2, 2022
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Alphabet, Google’s parent company, is splitting up its stock to enable affordability, leading to a surge in the share price as retail traders will now be able to own a part of the company instead of opting for fractional shares. “Alphabet today announced that the Board of Directors had approved and declared a 20-for-one stock…
Google Tries to ‘Out-Buff’ Bezos
Commentary Is it me or is Jeff Bezos looking pretty buff these days? As a former recreational bodybuilder myself, I know the kind of work that goes into building a great physique. I can respect the work he’s done. But beyond Bezos flexing at the gym, Amazon has been flexing its considerable muscle in the…
Google Versus Facebook: Tech Giants Back Rival Mobile Phone Operators in India
Alphabet Inc.-owned Google will invest up to $1 billion in India’s second largest telecom operator Bharti Airtel, two years after Mark Zuckerberg-led Facebook’s—now renamed as Meta Platforms Inc.’s—mega funding in Reliance Jio Platforms. What Happened The deal involves Google investing $700 million to buy a 1.28 percent stake in Airtel at a price of about $9.9 a…
Neuberger Analyst Expects Strong Q4 Results for Apple, Amazon, Google: Why He Would Buy the Stocks ‘Right Now’
High-growth tech stocks have come under pressure in recent months as investors anticipate the Federal Reserve hiking interest rates, reducing bond buying and trimming the nearly $9 trillion in assets it’s holding. Neuberger Berman’s Daniel Flax says a lot of the names in the tech space have become oversold and he sees opportunities to buy. “We see a lot to like at current…
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