FT News Briefing Berlin beats back Big Tech
5 snips
Jan 17, 2023 US Treasury Secretary Janet Yellen is set to meet her Chinese counterpart, signaling important diplomatic movements. A daring defector from the Wagner Group has escaped to Norway, shedding light on the group's grim realities. In a significant shift, Germany is stepping up as a leader in regulating Big Tech, showcasing its unique approach compared to the EU's framework. Meanwhile, scientists have developed a remarkable laser beam designed to divert lightning strikes, merging innovation with safety.
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Wagner Defector
- A former Wagner Group commander escaped to Norway, seeking asylum and offering to testify.
- He cites the group's brutality, including alleged executions of those refusing frontline duty.
Home2Go vs. Google
- Patrick Andre, co-founder of Home2Go, a holiday rentals website, has been frustrated with Google's practices.
- He feels Google gives an unfair advantage to its own products over competitors like his.
Berlin Leads in Big Tech Regulation
- Germany's antitrust law is ahead of the EU's Digital Markets Act in curbing big tech's anti-competitive behavior.
- This gives Berlin an edge as the center of gravity for tech regulation shifts from Brussels.