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Tuesday, March 19, 2024
TopicBig tech

Topic: Big tech

Taming Big Tech: Battles against them have reached a defining moment

Charges against Big Tech include violating privacy & promoting paid-for content. They have responded with vigorous defence & aggressive lobbying, but also with changes to business models.

‘Big Tech like Google, Meta dominate market’ — Parliament panel bats for ‘Digital Competition Act’

In report tabled Thursday, standing committee on finance emphasized need for strengthening anti-competitive laws to ensure level playing field for smaller digital players.

Our take on big tech layoffs, EWS quota, COP27 and govt controlling TV programming—in 50 words

ThePrint view on the most important issues this week.

Silicon Valley’s honeymoon with wealth is ending. Employees are packing bags

Meta, Twitter, Google, Microsoft, Apple, Netflix, and Patreon have fired employees in droves. And funding is drying up for tech startups in India too.

Not just Twitter — Silicon Valley is gearing up for recession with layoffs & hiring freezes

Big tech firms have confirmed hiring pauses, Zuckerberg has hinted at layoffs and small companies have begun cutting down jobs, all citing economic trends, macroeconomic environment.

Joining global trend, India likely to bring law for Big Tech to pay news publishers for content

Getting tech giants to share revenue for news content is an 'important issue' & 'needs to be tackled legislatively', Union minister Rajeev Chandrasekhar said Saturday.

We are entering the age of Web3. It hinges on reclaiming power from big tech

The third iteration of the internet – Web3 – will be defined by open-source technology, utilizing blockchain technology.

US tech giants aren’t monopolies, they are engaged in fiercely competitive markets

The theory that banning big tech companies from making acquisitions would stimulate competition is dubious. Mergers and acquisitions are typically a spur to efficiency, not a barrier.

Google to Facebook, tech firms leaning on retd IAS officers to deal with Modi govt

Technology companies like Google, Facebook, Twitter or Amazon are under increased scrutiny and regulatory pressure of the Modi govt. They need an insider in power corridors.

On Camera

Indian shipping sector is vulnerable to geopolitical unrest. Build local, invest in air cargo

With the ongoing conflict at the Red Sea, India needs to take a long-term view of the PLI scheme and its ambition to emerge as a hub of shipping containers.

Complaints to RBI ombudsman up 68% in FY23, banks biggest cause for customer grievances

Data shows large public sector banks received highest number of complaints in absolute terms, but fared better than several private banks when looked at on complaints-per-branch basis.

Tiger Triumph-24 — India-US tri-services exercise to boost coordination begins

The exercise will be simulated to undertake HADR operations in a ‘friendly island nation’, where troops will execute amphibious landing ops.

CAA comes not with a bang, but with a whimper. Without NRC, it will fade into academic debate

For BJP, CAA was strategic move that did not quite work out because those it would benefit could’ve been accommodated under existing laws, and new entrants would remain excluded.