The techlash against Amazon, Facebook and Google, and what they can do
economist.com
economist.com
Also let's please not start saying "techlash".
The concept of splitting is inane really - what would make a good division?
The selective condemnation is also highly suspicious - Comcast is one of the most hated companies and yet they don't talk about splitting them up or their defacto actual monopolies?
Yes, there may be reasons to regulate some aspects of tech, and we can have discussions about the merits of breaking companies up.
However, the tendency to gang up and form public opinion on the public’s behalf is concerning and rightfully leads to suspicion on the media, their intentions and allegiance (truth, narrative, etc.)
I do find the presumptiousness of this type of clickbaity headline amusing, as if those three utter behemoths don't likely have vast amounts of brainpower deployed at corporate strategy already!
That'd be something else.
But they so write each other from time to time, at least I remember something along those lines from the no-poaching emails that surfaced in a lawsuit about agreed salary caps (My memory might be corrupted here, I'm not sure about it)
Eric Schmidt, Steve Jobs, Sergei Brin, and others illegally conspired -- via email -- to avoid competing for labor, suppressing employee pay. It resulted in a (somewhat) successful class-action lawsuit against Google and Apple for their violations of the Sherman Anti-Trust Act.
If you'd like to read some of the emails that the un-convicted criminals who operate these companies exchange:
https://www.wired.com/2009/08/palm-ceo-rejected-jobs-anti-po...
It makes one wonder other crimes might turn up with a good discovery process. There might be enough for a Fox show: America's Dumbest Tech Executive Criminals.
> Tim Cook <timcook@apple.com>
That's not his real email.
edit: Well, I liked it. I don't think it grossly oversimplified the issues.
Clearly big tech operates monopolies. Probably Google/Alphabet should never have been allowed top buy DoubleClick. Facebook definitely should not have been allowed to buy Instagram and WhatsApp. Microsoft still has a desktop monopoly. As the article says Amazon controls 40% of online commerce (in the US). Imagine controlling 40% of bricks and mortar trade. The mind boggles. Apple has competition in every area but they lock their users in to their ecosystem in a way that is not seen in other markets. Imagine if you bought a car and then you had to keep buying cars from that manufacturer because switching brands was too much of a hassle. Or banks. Or whatever. Netflix has competition so they're fine.
It's not a crime to have huge valuations. It should make people sit up and take notice. I don't think FAAAM will reform themselves. If it wasn't for open source and Linux things would be way way worse. If the regulators don't do their job it'll be up to people like us to build open source products to neuter these companies. Probably we should be doing that anyway.
companies spend a lot of time and money on enforcing that perception sometimes even acquiring other companies to do so.
I suspect that the memo was not even written by her, the real author being her husband Adam.
What is considered 'Normal'. If I want users to find my website, they use google.
If I want to buy all of my components for a project and get them in 2 days, I use Amazon.
I suppose these are avoidable, I'd lose about 200 users a day + use digikey and spend more on 2 day shipping...
To be competitive I need to use these services.
I cant say the same about Facebook, Apple, and Netflix. I dont use those services.