Pivot House Judiciary Committee antitrust bills, Microsoft hits $2 trillion, and a prediction on the future of social media
Jun 25, 2021
A deep dive into the House's proposed antitrust bills reveals the tensions surrounding big tech regulation. Microsoft celebrates its staggering $2 trillion market cap, joining the elite ranks of tech victors. Climate change vs. Covid-19 costs stir heated listener debate, and predictions point to fresh players emerging as the tech landscape shifts. Amid serious discussions, humor about celebrity culture and quirky anecdotes keeps it light, blending business insights with entertaining commentary.
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China's Data Grab
- Jack Ma's Ant Group is creating a credit scoring company with the Chinese government.
- This move will give the state access to vast amounts of data on Chinese citizens' finances.
TikTok's China Problem
- TikTok's value is significantly impacted by the perception of Chinese internet companies as tools for security forces.
- This raises concerns about children's use of the platform.
Antitrust Bills
- The House Judiciary Committee is considering a set of antitrust bills aimed at big tech.
- Tech companies are pushing back, with Tim Cook calling the bills "rushed."