Tag: Policy
Daily Crunch: Visa calls off Plaid acquisition
Regulatory action prompts Visa to back off a fintech acquisition, Uber and Moderna partner and Checkout.com is valued at $15 billion. This is your Daily Crunch for January 12, 2021. The big story: Visa calls off Plaid acquisition The deal, valued at $5.3 billion, was first announced just over a…
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I’m a free speech champion. I don’t even know what that means anymore
The president of the United States is supposedly the most powerful man in the world. He also can’t post to Twitter. Or Facebook. Or a bunch of other social networks as we discovered over the course of the past week (He still has access to the nuclear launch codes though,…
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Europe seizes on social media’s purging of Trump to bang the drum for regulation
Big tech’s decision to pull the plug on president Donald Trump’s presence on their platforms, following his supporters’ attack on the US capital last week, has been seized on in Europe as proof — if proof were needed — that laws have not kept pace with tech market power and…
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Amazon Web Services gives Parler 24-hour notice that it will suspend services to the company
Parler is at risk of disappearing, just as the social media network popular among conservatives was reaching new heights of popularity in the wake of President Donald Trump’s ban from all major tech social platforms. Parler, whose fortunes have soared as users upset at the President’s silencing on mainstream social…
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The deplatforming of a president
After years of placid admonishments, the tech world came out in force against President Trump this past week following the violent assault of the U.S. Capitol building in Washington D.C. on Wednesday. From Twitter to PayPal, more than a dozen companies have placed unprecedented restrictions or outright banned the current…
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Daily Crunch: Facebook bans Trump for two weeks
Online platforms take action against President Trump, Lenovo tries out a swiveling screen and Roblox raises $250 million. This is your Daily Crunch for January 7, 2021. The big story: Facebook bans Trump for two weeks After a pro-Trump mob stormed the U.S. Capitol yesterday, a number of online platforms…
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