Texas and ten other states filed an antitrust suit against Google last week.
The new antitrust suit comes amid heightened scrutiny of the big tech companies Google, Facebook, Apple, and Amazon.
The outage came after U.S. government agencies were hacked in a suspected Russian cyberattack.
Valuing tech stocks requires a time horizon significantly longer than those typically used by financial analysts.
Antitrust is meant to stimulate competition. Weaponizing it to pursue mercantilist ends would appear to be the antithesis of that aim.
On the menu today: Third quarter good and bad, Apple’s challenge to Google, cannabis drinks mystery, the return of macaroni cheese, and more.
Majority of Commerce Senators Who Questioned Big Tech CEOs Have Raked in Campaign Cash from Same Firms, Records Show
Nearly three-quarters of the entire Commerce committee have received a total of $963,776 in campaign donations this year alone from pro-Facebook, Alphabet/Google, and Twitter individuals and PACs.
Google, risk, taxes, Biden’s plan, China, and much more.