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Keyword: monopoly

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  • WSJ: Tech Giants Are Heading Towards Monopoly Status

    06/04/2018 1:55:30 PM PDT · by davikkm · 22 replies
    breitbart ^ | TOM CICCOTTA
    A new column the Wall Street Journal argues that companies like Google, Facebook, and Amazon are heading towards monopoly status in their respective industries. A Thursday column in the Wall Street Journal by Christopher Mims argues that several Silicon Valley giants are gaining monopoly-sized market shares in their respective industries. Mims explained that modern monopolies look much different than monopolies of the past. Mims cited the example of monopolist Andrew Carnegie using armed guards against his striking workers. One way today’s monopolists are different from the robber barons of old is that they’re not exactly ​behaving like, for example, Andrew...
  • Nigel Farage Grills Mark Zuckerberg on Facebook Censorship, Demands Transparency.....

    05/23/2018 4:21:51 AM PDT · by caww · 16 replies
    breitbart ^ | 5/22/2018 | Allum Bokhari
    Nigel Farage put Mark Zuckerberg on blast during the Facebook CEOs testimony to the European Parliament, accusing him of willful discrimination against conservatives on the platform, and positing the creation of a Social Media Bill of Rights to protect free speech. Perhaps youre horrified by this creation of yours and what its led to, I dont know. But what is absolutely true is that since January of this year, youve changed your modus operandi, youve changed your algorithms, and it has led directly to a very substantial drop in views and engagements for those who have got right-of-center political opinions....
  • Comcast Prepares To Make Unsolicited Offer For Fox

    05/08/2018 4:01:02 AM PDT · by Magnatron · 14 replies
    Deadline Hollywood ^ | 8 May 2018 | Dawn C. Chmielewski
    Reuters reports that Comcast is speaking with investment bankers about obtaining bridge financing for an all-cash offer. Its waiting for a federal judge to issue a ruling next month in the Justice Departments challenge to the AT&T-Time Warner merger before making its move, the news organization says. Media analyst Rich Greenfield predicted Comcast would make another run at Fox, in part because the deal would give Disney unprecedented control over the legacy media landscape. The combined film studios account for more than 40% of the domestic box office, and Disneys control of ESPN and Foxs regional sports networks would give...
  • After a Bernie Sanders tweet, Amazon is now in the crosshairs of both political parties

    05/01/2018 5:03:07 PM PDT · by boycott · 38 replies
    CNBC.com ^ | 5-1-2018 | Kate Rooney
    Amazon is now under scrutiny from both sides of the aisle, as Sen. Bernie Sanders echoed President Donald Trump's criticism of the e-commerce giant in a tweet this week. "You know what Amazon paid in federal income taxes last year? Zero," the 2016 Democratic presidential hopeful said in a tweet Monday evening. The Vermont senator linked to a Forbes article, which pointed to CEO Jeff Bezos' rise in net worth as Amazon's stock benefited from a huge earnings beat last week. Bezos, the world's richest man by Forbes' estimates, added $9 billion to his own value as the stock shot...
  • Sprint and T-Mobile to combine in deal that could reshape the U.S. wireless landscape

    04/29/2018 5:23:58 PM PDT · by Captain Peter Blood · 38 replies
    NBC News ^ | 04-29-2018 | Associated Press
    NEW YORK T-Mobile and Sprint have struck a deal that could reshape the U.S. wireless landscape, bringing it down to three major cellphone companies. T-Mobile on Sunday closed a $26.5 billion agreement that merges the phone company with Sprint, upping Sprints market value to $6.62 per share, CNBC reported.
  • Scott Galloway Says Amazon, Apple, Facebook, And Google should be broken up

    04/23/2018 3:11:43 PM PDT · by Tolerance Sucks Rocks · 37 replies
    Youtube ^ | December 1, 2017 | Scott Galloway
    At Business Insider's IGNITION conference, Scott Galloway gave a blistering presentation on why "The Big Four" Amazon, Apple, Facebook, and Google should be broken up. Galloway is a professor of marketing at the NYU Stern School of Business and the author of "The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google."
  • #TransformationTuesday: Transforming the Google Machine

    03/06/2018 6:38:30 AM PST · by NOBO2012 · 7 replies
    MOTUS A.D. ^ | 3-6-18 | MOTUS
    If youve been paying attention you know that its #TransformationTuesday the day we explore all the ways Obama and his mignons are still trying and/or succeeding in fundamentally transforming America. Many of these transformers are in government but the public sector harbors some as well: take Google for example. Long known as a bastion of leftist biases, censorship and abuse of its search engine monopoly it recently has used its power to shutdown YouTube videos (mostly conservative) that it doesnt approve of. The Google Machine and a handful of other high-tech companies rule the Internet through a combination of...
  • Amazon is set to unveil its $4billion 'mini-rainforest' Three Spheres campus in downtown [tr]

    01/27/2018 4:39:57 AM PST · by C19fan · 18 replies
    UK Daily Mail ^ | January 26, 2018 | Ariel Zilber
    Who needs the Amazon rainforest when you can bring the rainforest to Amazon. The e-commerce giant is set to unveil its $4billion urban campus in downtown Seattle on Monday that features an innovative mix of office space and exotic plant life. The company's hard-working employees will be able to take a break from the daily grind by walking along stone pathways, observing mini-waterfalls, and enjoying the plant life from exotic locales in South America. The massive project includes three office buildings in the shape of spheres the tallest of which is 90 feet tall and 130 feet in diameter,...
  • The Trillion-dollar Chameleon

    01/18/2018 8:20:13 AM PST · by mairdie · 6 replies
    Townhall ^ | Jan 18, 2018 | Victor Davis Hanson Victor Davis Hanson
    Twenty years ago, no one had heard of either Facebook or Google, neither of which existed yet. For that matter, no one knew much about social media or search engines in general. Cellphones were still simply mobile, small and expensive telephones. There was no concept of a phone as a handheld computer. Today, five companies -- Amazon, Apple, Facebook, Microsoft and Alphabet (Google's parent company) -- have a collective worth of more than $3 trillion. Yet such transnational companies remain mostly exempt from the sort of regulations and accountability faced by most other industries.
  • Disney to buy 21st Century Fox assets in a deal worth more than $52 billion in stock

    12/14/2017 5:14:18 AM PST · by C19fan · 35 replies
    CNBC ^ | December 14, 2017 | Michelle Castillo
    Bob Iger (R), CEO of Walt Disney Co. and Rupert Murdoch, Chairman and CEO of News Corp. Disney to buy 21st Century Fox assets in a deal worth more than $52 billion in stock 54 Mins Ago | 03:52 Disney on Thursday announced a deal to acquire many parts of Twenty-First Century Fox for $52.4 billion in stock. The company will get Fox's movie studios, network Nat Geo, Asian pay-TV operator Star TV, stakes in Sky and Hulu and regional sports networks. The acquisition bolsters Disney's plans to become a dominant streaming service platform, making it a bigger threat to...
  • Why Google Should Not Rule the World

    12/02/2017 9:45:56 PM PST · by Kaslin · 18 replies
    Townhall.com ^ | December 3, 2017 | Bruce Bialosky
    The internet has provided tools to improve the world that are, in a way, indescribable. For example, understanding the multitude of medical challenges people face becomes easier with the internet. Improving your language skills and understanding a foreign language is infinitely simpler. But there are severe challenges that come with the ease of the internet. Google and others cannot go unchallenged. This all began as something to explore for me when within a month I had a chance to spend an extended period of time with two different biochemists on two different continents. Both of these men are utterly brilliant...
  • 9 facts about Amazon's unprecedented warehouse empire

    11/22/2017 4:08:16 PM PST · by 2ndDivisionVet · 64 replies
    Curbed ^ | November 21, 2017 | Patrick Sisson
    The holiday season will be a busy one for Amazon, and as 2017 draw to a close, it could be said this entire year has been a big one for the e-commerce giant, from its acquisition of Whole Foods to the HQ2 race and its expansion in its hometown, Seattle. But behind the companys growth and expansion, and future plans, lies an immense, intricate logistics network that enables it to offer incredible delivery times to every corner of the country. The companys footprint is pretty wild. According to Amazon, the company now operates more than 75 fulfillment centers and 25...
  • Monopoly critics decry Amazon amendment

    11/09/2017 4:45:08 AM PST · by SoFloFreeper · 18 replies
    The (S)Hill ^ | 11/9/17 | Ali Breland
    Lawmakers put the finishing touches this week on military funding legislation that contains a provision that stands to significantly benefit Amazon. The amendment, Section 801 of the National Defense Authorization Act (NDAA), would help Amazon establish a tight grip on the lucrative, $53 billion government acquisitions market, experts say. The provision, dubbed the Amazon amendment by experts, according to an article in The Intercept, would allow for the creation of an online portal that government employees could use to purchase everyday items such as office supplies or furniture.
  • 21st Century Fox has been holding talks to sell most of the company to Disney: Sources

    11/06/2017 11:25:31 AM PST · by monkapotamus · 28 replies
    CNBC ^ | November 6, 2017 | David Faber
    21st Century Fox has been holding talks to sell most of the company to Walt Disney Co., leaving behind a media company tightly focused on news and sports, according to people familiar with the situation. The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are not currently talking at this very moment, but given the on again, off again nature of the talks, they could be revisited. For Fox, the willingness to engage in sale talks with Disney stems from a growing belief among its...
  • It's Time to Bust the Online Trusts

    11/01/2017 9:05:54 AM PDT · by Behind Liberal Lines · 24 replies
    Wall St Journal ^ | 11/01/17 | Luther Lowe
    In the absence of rigorous antitrust enforcement, the consumer internet has become too concentrated in a few dominant companies, creating easy targets for bad actors. There is a reason Congress did not have to investigate foreign meddling after the 2008 or 2012 elections. Back then the internet was still a diverse, decentralized network...This older form of online community building has largely been supplanted by tools provided by the dominant players... Google used to be the engine that drove the open web... Over time, Googles philosophy shifted [to] making the internet less open and pluralistic than even a few years ago...Facebooks...
  • Letter To Congressman - The NFL Is A Monopoly. It's Time To Treat It As Such (Vanity)

    10/08/2017 12:24:42 PM PDT · by mbrfl · 108 replies
    Self | 10/8/17 | Self
    I just sent this to my Congressman. I encourage others to do likewise. It's time to broach the topic of regulating major league sports in this country. And no, there's nothing unconservative about regulating a monopoly like the NFL. Don't buy the argument that it's un-American to regulate the NFL because is goes against the free market. The NFL is anything BUT a free market, and it never has been. Mr. Desantis I am writing to encourage you to introduce legislation to fix the broken state of major league sports in this country. The NFL, MLB, NBA and NHL are...
  • How Silicon Valley Turned Off the Left and Right

    09/28/2017 5:02:39 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | September 28, 2017 | Victor Davis Hanson
    When left and right finally agree on something, watch out: The unthinkable becomes normal. So it is with changing attitudes toward Silicon Valley. For the last two decades, Apple, Google, Amazon and other West Coast tech corporations have been untouchable icons. They piled up astronomical profits while hypnotizing both left-wing and right-wing politicians. Conservative administrations praised them as modern versions of 19th-century risk-takers such as Andrew Carnegie and John D. Rockefeller. Bill Gates, the late Steve Jobs and other tech giants were seen as supposedly creating national wealth in an unregulated, laissez-faire landscape that they had invented from nothing. At...
  • Retail Websites Are 'Public Accommodations' Subject to ADA, Judge Rules

    09/05/2017 5:58:11 PM PDT · by Behind Liberal Lines · 57 replies
    New York Law Journal ^ | September 5, 2017 | Andrew Denney
    n a recent ruling, U.S. District Judge Jack Weinstein of the Eastern District of New York found that the website for Blick Art Materials, where customers can purchase products, is a place of public accommodation and thus subject to the ADA.... Of the hundreds of suits filed, so far one has gone to trial, and it didn't bode well for the defense bar. In June, U.S. District Judge Robert Scola of the Southern District of Florida found that supermarket chain Winn-Dixie violated the rights of a blind customer by not making its website usable through screen reader software.
  • Google Detractors Want to Hand Internet Over to European Union Control

    08/31/2017 10:24:04 AM PDT · by Sean_Anthony · 13 replies
    Canada Free Press ^ | 08/31/17 | Judi McLeod
    The entire EU out to get Google battle can be framed in one sentence: Google is private in private industry, the EU bureaucracy is an unelected government Theres a new monster out on the trail patiently waiting for the unsuspecting to wander into its mouth before it snaps shut its vizor-like jaws from which there is no possible escape. The monster, the most monolithic of them all, is set to gobble the Internet while piously claiming to save the masses from Google.
  • Silicon Valley Billionaires Are the New Robber Barons

    08/17/2017 3:02:17 PM PDT · by Mafe · 15 replies
    National Review ^ | August 17, 2017 | Victor Davis Hanson
    Progressives used to pressure U.S. corporations to cut back on outsourcing and on the tactic of building their products abroad to take advantage of inexpensive foreign workers. During the 2012 election, President Obama attacked Mitt Romney as a potential illiberal outsourcer-in-chief for investing in companies that went overseas in search of cheap labor. Yet most of the computers and smartphones sold by Silicon Valley companies are still being built abroad to mostly silence from progressive watchdogs.