During today’s Senate Judiciary Committee markup of Senator Amy Klobuchar’s American Innovation and Choice Online Act, Senator Dianne Feinstein expressed significant concerns, noting: “It is not really the type [of bill] we usually consider where rules are laid out and everyone is expected to comply. Instead, it is specifically designed to target a small number […]
Despite a last minute manager’s amendment that acknowledges but does nothing to address the key weaknesses of the bill, the Senate Judiciary Committee will today markup Senator Klobuchar’s American Innovation and Choice Online Act, a radical breakup bill in disguise that would arbitrarily punish America’s leading tech companies. Here’s what to read to get yourself up to […]
As experts and members of Congress have previously noted, the American Innovation and Choice Online Act (AICOA), and similar measures, could put American national security at risk by possibly requiring U.S. companies to share data, hardware, software, and more with foreign rivals—while imposing none of these mandates on competitors from Russia and China. With the […]
The U.S. is at a critical inflection point in its innovation race with China and the economic and national security stakes are higher than ever. China announced in 2020 its plan to invest $1.4 trillion by 2025 to compete with the U.S. in key technology fields, such as AI, 5G, and quantum. A new Harvard […]
By banning acquisitions of many venture-backed companies, the Platform Competition and Opportunity Act would be a “major disincentive to entrepreneurship,” says the National Venture Capital Association (NVCA) in their statement against the bill. NVCA President and CEO Bobby Franklin explains: “Startups are the source of American innovation. Instead of embracing this activity, this bill discourages […]
Antitrust bills under consideration by the House and Senate could have serious consequences for American competitiveness and security. Here’s what to read to get up to speed: 1. New Report From CCIA On The National Security Risks Posed By House Antitrust Bills 2. 12 Former Top U.S. National Security Officials Say Congress Needs To Build […]
The retail industry has undergone a transformation in the past year and become more resilient, agile, and innovative. In 2020, it was the fastest-growing sector of the economy and retailers of all sizes rose up to the challenges of 2020 and continued to adapt and evolve in 2021. Here are the facts: Retail was the […]
CNBC’s Jim Cramer last week rejected calls to break up America’s leading technology companies saying, “it’s insane that the government is targeting them.” — “After living through an era where the only thing America seemed to make right were toothpaste, deodorant, diapers, soda, movies, I’m actually proud that America dominates the tech industry.” — “Rather […]
New survey research released by the Connected Commerce Council found that retail is competitive and full of choice and opportunity for small and medium-sized businesses (SMBs). The survey found the typical SMB seller uses five different methods of selling products to consumers. The breadth of options used by sellers demonstrates that ongoing innovation in retail […]
A new economic study by NERA Economic Consulting, commissioned by the Computer & Communications Industry Association (CCIA), finds the recently introduced package of anti-tech bills by the Senate and House could cost approximately $300 billion, hurting US companies, startups, small-to-medium businesses, and consumers. The study is among the first to examine the economic costs of […]
Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.
No spam, we promise.
