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We take a look at proposed Big Tech regulations in the UK: Heavy on possible fines, light on enforcement

Online Harms draft gets most things right, still gives Facebook and friends too much leeway Share Copy Analysis Tech giants face massive fines of up to 10 per cent of their annual revenue if they fail to follow new rules aimed at reducing the amount of harmful content on their platforms, the UK government has decided. The Online Harms white paper, published Tuesday, outlines up the government’s approach following more than 18 months of consultation and will form the basis of new legis...
United Kingdom Internet Commission European Commission Digital Services Tony Blair Institute For Global European Union

A flurry of data warehouse activity surrounds Snowflake's staggering $120bn valuation

Firebolt says it can do it better while the cloud giants talk up services tweaks Lindsay Clark Tue 15 Dec 2020 // 09:30 UTC Share Copy Analysis Tech stock sailed through an era-defining moment last week as recently IPOd cloud data warehouser Snowflake surpassed IBM in market capitalisation. Investors collective imagination is decidedly unflattering for Big Blue. Leaving aside its undeniable role in the development of modern computing, it has around 350,000 employees (alt...
United Kingdom Eldad Farkash Carl Olofson Andy Pavlo Rahul Pathak Carnegie Mellon University

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