Microsoft President Brad Smith tied Google’s success to the news industry’s destruction. Pixaby … Source link

Big tech remained in focus in Washington Friday, as lawmakers of both parties promoted legislation that would exempt news publishers from certain antitrust laws and enable them to collectively bargain with online advertising giants Google and Facebook over content distribution. “A free and diverse press is the backbone of a vibrant democracy,” said Rep. David Cicilline, a Rhode Island Democrat and chairman of a House Judiciary subcommittee focused on antitrust issues,… Source link

The Daily Beast Biden’s End to ‘Remain in Mexico’ Was Too Late for 41,247 Migrants Paul Ratje/GettyThe last residents of Mexico’s Matamoros refugee camp crossed the border into the United States on March 5 to request asylum.The migrants—many of them Central Americans fleeing endemic violence, poverty and corruption—will be allowed to stay in the U.S. as their cases move through the immigration court system.The exodus from the Matamoros camp, which once sheltered more than 2,500… Source link

Google and Microsoft engineers might collaborate on the Chromium browser code, but that hasn’t stopped corporate politics between the pair. Google has launched a scathing attack on Microsoft today, accusing it of trying “to break the way the open web works in an effort to undercut a rival.” Google is upset about what it believes is an attack by Microsoft to undermine the company’s efforts to support journalism and publishers. In January, Google threatened to remove its search… Source link

Lobbyists for Facebook and Google threw their weight against new U.S. legislation that seeks to aid struggling news publishers by allowing them to negotiate collectively against the tech companies over revenue sharing and other deals. U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and ad revenue to their platforms without fairly… Source link

Joe Biden didn’t campaign for president as a tax-cutter, but his first big legislative package is turning into a bigger tax cut than the landmark tax bill President Trump signed with great fanfare at the end of 2017. The $1.9 trillion American Rescue Plan includes at least four provisions that will lower Americans’ 2021 tax bills by an average of $3,360, according to the Tax Policy Center. The 2017 Trump tax cuts only cut the average household’s tax bill by $1,600 per year. There’s… Source link

Apple has just made a striking new privacy move ahead of the launch of iOS 14.5. Apple has just hit out at data-collecting rivals such as Google and Facebook with the launch of a … [+] new database of privacy labels on its website. SOPA Images/LightRocket via Getty Images Apple has just hit out at data-collecting rivals such as Google and Facebook with the launch of a new database of privacy labels on its website. Apple released privacy labels for its… Source link

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. Like every week, we had to leave a lot of great stuff on the cutting-room floor. But, we did get to touch on a bunch of news that we feel really matters. Also we do wind up talking about a few Extra Crunch pieces, which is where our deeper… Source link

Costco (COST) may be about to put the burden on its members to pay for higher worker wages. The warehouse retailer could be “poised” to lift its membership fees within the next 18-months, Wells Fargo analysts said in a research note this week. Wells Fargo views any hike as an earnings catalyst, and lifted its rating on Costco shares to Overweight from Equal-weight ahead of that happening. “In addition to some sustainability of the COVID benefit, Costco is rapidly approaching its next… Source link

Bloomberg Bitcoin Hoard Fuels One of World’s Biggest Crypto Fortunes (Bloomberg) — It’s the latest corporate strategy for companies from Tesla Inc. to Square Inc.: shift a portion of cash reserves into cryptocurrencies as digital assets become more mainstream.Still, few have gone as far as MicroStrategy Inc. Eight months after its first investment, the software firm has a Bitcoin holding worth more than $5 billion.Shares of MicroStrategy have rocketed almost 600% since mid-July, boosting… Source link