Dismantling Big Tech: A User's Manual
Foundering
Bloomberg
4.7 • 1.1K Ratings
🗓️ 9 October 2019
⏱️ 25 minutes
🧾️ Download transcript
Summary
Congress, the Federal Trade Commission, the Department of Justice and state governments across the U.S. are investigating the tech giants for anti-competitive behavior. This week on Decrypted, Bloomberg Technology’s Eric Newcomer walks us through those investigations, and outlines how a Democratic president may take it even further in 2021.
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Transcript
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| 0:00.0 | When you get your news from Bloomberg, you don't just get the story. You get the story behind the story. |
| 0:07.0 | How your Evie's battery may not be as green as it seems. |
| 0:11.0 | Why a decrease in global birth rates could send countries scrambling to increase immigration. |
| 0:16.2 | You get context. |
| 0:17.6 | And context changes how you see things, how you change things, because context changes everything. |
| 0:24.0 | Go to Bloomberg.com to get context. |
| 0:27.0 | Back in April last year, Facebook CEO Mark Zuckerberg got hauled in front of Congress for two brutal days of questioning. |
| 0:41.0 | We welcome everyone today's hearing on Facebook's social media privacy and the use and |
| 0:49.6 | abuse of data. |
| 0:52.2 | I think you remember it, a pale kind of robotic Zuckerberg in an |
| 0:56.3 | uncharacteristic suit getting grilled by one lawmaker after another about the |
| 1:01.4 | Cambridge Analytica scandal. The questions were mostly |
| 1:05.0 | about the company's privacy lapses. But there was this one moment when the |
| 1:09.9 | conversation turned to something a little different. |
| 1:12.3 | Senator Graham's up next. conversation turned to something a little different. |
| 1:13.2 | Senator Graham's up next. |
| 1:15.6 | Thank you. |
| 1:16.7 | This you here is a senior Republican senator |
| 1:19.3 | from South Carolina, Lindsey Graham. |
| 1:22.0 | If I buy a Ford and it doesn't work well |
| 1:24.5 | and I don't like it, I can buy a Chevy. |
| 1:27.0 | If I'm upset with Facebook, what's the equivalent product |
... |
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