September 23, 2018 - Written By Dominik Bosnjak In short: President Trump and his closest associates are presently in the process of considering an antitrust order instructing competent government agencies to look into any possible violations of antitrust law on the part of U.S. tech giants such as Google and Facebook. A draft of the order was leaked to the press earlier this week, mandating the federal government provides the White House with suggestions on how online competition could be maintained in the long term. The order is also instructing government agencies to look into “online platform bias,” one of the President’s common talking points in recent months. A White House spokesperson said the draft hasn’t been formally introduced to the administration’s policy-making process, meaning there’s a possibility the order was leaked intentionally as a way of gauging the public reaction to the thereof.Background: President Trump publicly threatened … [Read more...] about Trump Ponders Antitrust Order Against U.S. Tech Giants: Report
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WASHINGTON (Reuters) - The head of the U.S. Federal Trade Commission, which has investigated Alphabet’s Google in the past for abuse of web dominance, said on Wednesday he would take a close look at Europe’s recent decision to fine the company 4.34 billion euros ($5 billion). European Competition Commissioner Margrethe Vestager addresses a news conference on Google in Brussels, Belgium, July 18, 2018. REUTERS/Yves Herman Speaking at a hearing in Capitol Hill, FTC Chairman Joseph Simons said he had spoken on Tuesday with EU antitrust chief, Margrethe Vestager. “We’re going to read what the EU put out very closely,” Simons told a subcommittee of the House of Representatives Energy and Commerce Committee. In addition to the fine, equal to about two weeks’ revenue, EU antitrust regulators ordered Google to stop using its Android mobile operating system to block rivals. The U.S. tech company said it would appeal. Asked about the dominance … [Read more...] about U.S. tech enforcer says will read ‘closely’ EU statement on Google
By Mercury News & East Bay Times Editorial Boards | PUBLISHED: June 1, 2018 at 6:15 am | UPDATED: June 1, 2018 at 6:49 am President Trump needs to change his strategy if the U.S. tech industry is going to continue its global dominance. Tariffs — or even threats of tariffs — aren’t the answer. Protecting patents and intellectual property are important. But by focusing on tariffs, the president continues to demonstrate a lack of understanding of the basic fundamentals that made Silicon Valley the innovation capital of the world. Namely investments in human capital and a culture of innovation. That means taking steps to open markets abroad, not close them. It means an immigration policy that encourages the brightest minds around the world to view the United States as the place where they and their innovative ideas will be welcomed and supported. It means greater investments in education aimed at producing the entrepreneurs of tomorrow who will build the … [Read more...] about Editorial: Why Trump’s tariffs won’t help U.S. tech industry
One of the fastest-growing regions in the U.S., Charleston, South Carolina is now the No. 1 mid-sized metro for millennials, according to the US Bureau of Labor Statistics. As of 2016, the metro area was growing at three times the rate of the U.S. population. Often among the 34 new residents Charleston welcomes each day are venture capitalists and real estate developers, who are drawn to Charleston for a chance to participate in a fast-growing economy, while living in a more affordable coastal hub. These change agents have helped shaped Charleston into an emerging location for startup activity, and its tech community offers lessons for other cities on how to capitalize on an influx of new residents. VentureBeat’s Heartland Tech channel invites you to join us and other senior business leaders at BLUEPRINT in Reno on March 5-7. Learn how to expand jobs to Middle America, lower costs, and boost profits. Click here to request an invite and be a part of the conversation. The … [Read more...] about How a population boom is fueling Charleston’s tech scene
By Colin Daileda2014-01-01 18:30:39 UTC With the departure of New York City Mayor Michael Bloomberg, the city's tech industry loses its most powerful public persona. Replacing him is Bill de Blasio, the former city public advocate who campaigned with a platform that appealed to the everyman, and someone Silicon Alley has greeted with cautious optimism. The new mayor has a robust tech sector plan on paper—one with a big focus on building more of a pipeline between local universities and startup jobs—and he's become something of a crusader for broadband throughout the big apple. But unlike his predecessor, he is unlikely to put the growth of New York City's tech scene at the top of his priority list. He's also expressed some concern over how to regulate companies such as Uber, the taxi-finding app, that disrupt traditional businesses in the city, and he seems unlikely to fill the role of chief digital officer, a position Bloomberg created partly to liaison between Silicon … [Read more...] about How Will New York City’s Tech Industry Fare Under Mayor de Blasio?