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ICYMI: GDP Declined In Q1. Now Is Not The Time For “Anti-Growth Policy Shocks”

May 18, 2022


The U.S. Bureau of Economic Analysis estimates that real GDP decreased at an annual rate of 1.4% in Q1 of 2022, a sharp decline from the 6.9% growth in Q4 of 2021 and the first decline since the pandemic lockdowns in the first half of 2020.  In response to this news, the WSJ Editorial Board […]

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Advancing ideas to keep tech empowering people.

🚨Rep. Buck recently stated that there are “absolutely” other industries that are “ripe” for antitrust legislation and acknowledged a deliberate strategy to first go after “four companies” as a way to “build momentum” toward regulation in other industries. https://t.co/y1X98Oay0t

May 17, 2022 at 10:22 am

Pubmatic announced the company’s quarterly revenue is up 25% YoY to $54.6 million in Q1 of 2022, underscoring the strength of the ads sector. https://t.co/X8U9fEoAnJ

May 17, 2022 at 9:15 am

In a recent report, the Defense Department cites examples of U.S. government financing of small businesses that benefited Chinese interests. https://t.co/825NzqZEnS

May 16, 2022 at 4:19 pm

🚨At a recent event, Rep. Ken Buck (R-CO) said that tech regulation could be the first step in a broader regulatory push. Read more here: https://t.co/VCeZCG0tdk

May 16, 2022 at 3:32 pm

Disney delivers “record advertising revenues” for its direct-to-consumer services this quarter. Overall revenue was up 23% to $19.2 billion. https://t.co/9hV2aKVZvC

May 16, 2022 at 2:49 pm

Texas startup Ferry expands EV leasing to Austin, making short-term leases on electric vehicles available to its Austin users for the first time. https://t.co/UwBa27d9Eh

May 16, 2022 at 1:03 pm

“Unfortunately, the antitrust bills being considered in both the House and Senate include antitrust reforms that would have unintended cybersecurity consequences,” claims @RepSwalwell. https://t.co/g8WKkerysi

May 16, 2022 at 11:47 am

Baidu and https://t.co/1xQ5CjNTG3 are pushing ahead with driverless vehicle technology in China. Learn more: https://t.co/3XHyOXGGw1

May 16, 2022 at 8:32 am

Competition in digital mapping is heating up. Huawei’s Petal Maps has released a new AR walking navigation feature. More: https://t.co/tKYWGgnZMr

May 13, 2022 at 3:12 pm

TikTok is outperforming other leading social media platforms when it comes to online advertising interest. Traffic to their ads site was up 199% YOY in Q1 2022. Check out the full story: https://t.co/Cz40P9s8LD

May 13, 2022 at 2:52 pm
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Learn more about how growth helps all Americans

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.

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