AAUW Tech Savvy is a daylong science, technology, engineering, and math (STEM) profession convention designed to draw ladies in sixth via ninth grades to those fields. CAMBRIDGE, Mass. (Mission Syndicate) — Have the tech giants — Amazon AMZN, +0.82% , Apple AAPL, +1.12% , Fb FB, +1.56% , Google GOOG, +1.06% , and Microsoft MSFT, +1.42% — grown too big, rich, and powerful for regulators and politicians ever to take them on? The international investment community appears to suppose so, not less than if sky-high tech valuations are any indication. But whereas that could be excellent news for the tech oligarchs, whether or not it is good for the economic system is far from clear.
Perhaps essentially the most pressing intervention is to weaken Huge Tech’s grip on our private knowledge, a grip that enables Google and Facebook to develop targeted advertising tools which are taking up the advertising business. European regulators are displaying one potential path ahead, whilst U.S. regulators continue to take a seat on their hands. The European Union’s new Basic Data Protection Regulation now requires corporations to permit customers — albeit only these in the EU — to port their knowledge.
Whereas immediately’s legislation marks some enhancements to a very vague and broad pollmeasure, it got here together beneath excessive time stress, and imposes sweeping novel obligations on thousands of huge and small companies around the globe, across each trade,” stated Katherine Williams, a spokeswoman for Google. For years, our tech … Read More