Even some capitalists are in favor of breaking up Big Tech - News Summed Up

Even some capitalists are in favor of breaking up Big Tech


Tech backlash: Even some capitalists fear that Silicon Valley today resembles a playground basketball game: The players are refereeing themselves. And he thinks it's time to crack down on Big Tech. Bill Smead, a Seattle money manager, fears big tech firms have gotten too powerful. The money manager supports rewriting the antitrust laws and then either breaking up or regulating Big Tech companies. What happens next to Big Tech has broad implications.


Source: CNN March 24, 2019 11:03 UTC



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