Tag Archives: Congress

Sundar Pichai, CEO of Google’s Alphabet Inc., on Capitol Hill in Washington, U.S., October 28, 2020. U.S. Senate Committee on Commerce, Science and Transportation/Handout via REUTERS Google CEO Sundar Pichai will join other Big Tech chiefs on Thursday at a Congressional hearing on social media’s role in promoting extremism and misinformation. And in ahead of the hearing, Pichai, whose company also owns YouTube, lays out exactly what Google (GOOG, GOOGL) has done to stanch the flow of such… 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

Google CEO Sundar Pichai testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law during a hearing on “Online Platforms and Market Power” in the Rayburn House office Building on Capitol Hill, in Washington, U.S., July 29, 2020. Mandel Ngan/Pool via REUTERS The power of Big Tech to tamp down potential business rivals stretches all the way into the courtroom, a leading antitrust attorney testified before the House Judiciary Subcommittee on Antitrust on… Source link

Louis DeJoy became a household name last year when he, as Postmaster General, faced criticism over delays in U.S. mail, especially around the time when mail-in ballots would prove critical in the presidential election. While many of former President Trump’s allies have since moved on to think tanks or their own runs for political office or even SPACs, DeJoy remains as the nation’s Postmaster General. It’s not that President Joe Biden or other Democrats are suddenly fans of the longtime… Source link

Combination of Mark Zuckerberg, CEO of Facebook, Jack Dorsey, CEO of Twitter and Sundar Pichai, CEO of Google. Reuters The CEOs of several big tech companies will again testify before Congress next month, this time to discuss misinformation on their platforms. Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai and Twitter CEO Jack Dorsey will appear before members of the House Energy and Commerce Committee on March 25. In a statement announcing the new hearing, House E&C Committee leaders… Source link

The House committee’s Democratic leaders singled out bogus claims of election fraud in their statement announcing next month’s hearing, but also pointed to broader concerns about misinformation. “Whether it be falsehoods about the COVID-19 vaccine or debunked claims of election fraud, these online platforms have allowed misinformation to spread, intensifying national crises with real-life, grim consequences for public health and safety,” Energy and Commerce Chair Frank Pallone… Source link

When will your next stimulus check go out? Congress faces a deadline Legislation to give you a third COVID stimulus check — for up to $1,400 this time — is sprinting through Congress, clearing hurdles like an Olympian. And the finish line is in sight. A powerful committee in the House gave its approval last week, and Speaker Nancy Pelosi (pictured, with Senate Majority Leader Chuck Schumer) revealed that lawmakers are racing to beat a looming deadline. Congressional leaders already have the… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

The Telegraph Golf’s governing bodies take steps to tackle game’s distance problem Golf’s leading authorities signalled their intention to rescue the future of the sport from the big hitters on Tuesday by unveiling proposals to rein in the likes of Bryson DeChambeau and Rory McIlroy. The game’s two governing bodies, the R&A and the US Golf Association, have paved the way for restrictions on equipment including limits on the length of drivers and the introduction of a standardised,… Source link

GameStop mania is sweeping Capitol Hill, as legislators of both parties criticize … somebody … for … something …. about … short squeezing? Vigilante retail investors have driven shares of the troubled retailer GameStop (GME) to remarkable heights, for no apparent reason except exploding demand for the stock. Shares were up by more than 1,700% for the month as of Jan. 26, before falling back to a mere 1,100% gain a day later. This surge in demand has obliterated… Source link