Page 8 - இணையதளம் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Google reportedly spent $2.7 million on federal lobbying, a 49% increase from the same period the previous year, per Bloomberg. Amazon increased its federal lobbying spending by 11%, for a total of $4.8 million. The bigger picture: Amid escalating regulatory pressure from all angles, Big Tech companies are increasingly choosing to lobby independently rather than organize under one united front. This fragmented approach makes sense given Big Tech firms’ unique concerns and inter-industry competition. Even though Apple, Facebook, and Google all face federal regulatory investigations, they are simultaneously competing with each other on the future of XR, cloud computing, artificial intelligence, and more. And as a recent war of words between Apple and Facebook over data privacy demonstrated, some of the products, business models, and ethical commitments of these companies vary too widely to cleanly reside under the same roof.

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