AppleMagazine

TECH ON TRIAL: HOUSE MULLS ANTITRUST HELP FOR NEWS INDUSTRY

Members of both parties suggested legislation may be necessary for the financially-struggling U.S. news industry as lawmakers began a bipartisan investigation into the market dominance of Silicon Valley companies.

At a hearing of the House Judiciary Committee’s antitrust panel, news media associations accused the tech companies of jeopardizing the news industry’s economic survival by putting out news content on their platforms without fairly compensating them for it.

“This is the first significant antitrust investigation undertaken by Congress in decades,” Rep. David Cicilline, D-R.I., the subcommittee’s chairman, said at the start of the hearing. The investigation

You’re reading a preview, subscribe to read more.

More from AppleMagazine

AppleMagazine2 min read
Biden Administration Agrees To Provide $6.4 Billion To Samsung For Making Computer Chips In Texas
The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced this week by the Commerce Departme
AppleMagazine2 min read
Apple CEO Says Company Will ‘Look At’ Manufacturing In Indonesia
Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday. “We talked about the president’s desire to see manufacturing in the country, and it’s something that we will l
AppleMagazine4 min read
Only 26% Of Americans Say They Get At Least Eight Hours Of Sleep, New Gallup Poll Says
If you’re feeling — YAWN — sleepy or tired while you read this and wish you could get some more shut-eye, you’re not alone. A majority of Americans say they would feel better if they could have more sleep, according to a new poll. But in the U.S., th

Related Books & Audiobooks