Category: Google

Tech Giants, Once Seen as Saviors, Are Now Viewed as Threats (via NYT)

  In Europe, the ground is already shifting. Google’s share of the search engine market there is 92 percent, according to StatCounter. But that did not stop the European Union from fining it $2.7 billion in June for putting its products above those of its rivals. A new German law that fines ...

Opportunity for everyone – great post by google CEO Sundar Pinchai

  “These are tough gaps. For instance, the nature of work is fundamentally changing. And that is shifting the link between education, training and opportunity. Young people already feel this. An Economist survey found that less than half of 18- to 25-year-olds believe their education gives them the skills they need ...

I invested early in Google and Facebook. Now they terrify me (great piece by Roger McNamee)

  “The people at Facebook and Google believe that giving consumers more of what they want and like is worthy of praise, not criticism. What they fail to recognize is that their products are not making consumers happier or more successful. Like gambling, nicotine, alcohol or heroin, Facebook and Google — most ...

Ends, Means, and Antitrust (nice Stretchery post on the Google fine)

  “This is perhaps the most consequential aspect of this case, and I think the European Commission got it exactly right. Last year in Antitrust and Aggregation I explained why the unique dynamics of the Internet push towards dominant players that look very different from the monopolies of the past: Aggregation Theory ...

The Guardian view on the EU’s Google judgement (part 1)

  “The breathtaking fine of €2.4bn that the European commission has imposed on Google for exploiting its virtual monopoly of search is shocking and welcome. It shows that there is at least one polity that is prepared to stand up to the giant tech companies and try to bring them under ...

“Google, not GCHQ, is the truly chilling spy network” says John Naughton (The Guardian)

“one of the spooks with whom I discussed Snowden’s revelations waxed indignant about our coverage of the story. What bugged him (pardon the pun) was the unfairness of having state agencies pilloried, while firms such as Google and Facebook, which, in his opinion, conducted much more intensive surveillance than the ...

Google now knows when its users go to the store and buy stuff (Wapo story)

Google has begun using billions of credit-card transaction records to prove that its online ads are prompting people to make purchases – even when they happen offline in brick-and-mortar stores, the company said Tuesday. The advance allows Google to determine how many sales have been generated by digital ad campaigns, a ...

What Google and Facebook must do about one of their biggest problems – Vivek Wadhwa

It wasn’t supposed to be this way. Social media was developed with the promise of spreading democracy, community and freedom, not ignorance, bigotry and hatred. Connecting billions of people together and allowing them to share knowledge and ideas, it could have enabled them to achieve equality and justice; to expose ...

Futurist Gerd Leonhard: Open letter to the Partnership on AI (take 2)

When machines have an IQ of 50,000, what happens to human values and ethics? By Gerd Leonhard  Futurist , Author Technology vs Humanity The partnership on AI has just announced some new members and a board of trustees, and Apple has finally joined Facebook, Google / Deep Mind, IBM, Amazon and Microsoft. This development has ...

Forget AT&T: What about Google and Facebook…? good read via the NYT

“Look at the numbers. Alphabet (the parent company of Google) and Facebook are among the 10 largest companies in the world. Alphabet alone has a market capitalization of around $550 billion. AT&T and Time Warner combined would be about $300 billion. Alphabet has an 83 percent share of the mobile ...

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