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Tue Oct 22, 2019, 08:18 AM

Facebook and Amazon Set Lobbying Records Amid Washington Scrutiny

Source: Bloomberg

Facebook Inc. and Amazon.com Inc. set federal lobbying records in the third quarter as Washington ramps up oversight of the tech giants’ business practices.

Facebook spent $4.8 million, an increase of almost 70% from the same period the year before. The world’s largest social-media company is grappling with a mushrooming list of challenges, including federal and state antitrust investigations and criticism over its handling of users’ personal information and its treatment of political content.

Amazon spent $4 million on lobbying, the most the e-commerce giant has ever spent in a single quarter. The online retail giant, which runs a diverse set of businesses, is fending off criticism from policy makers over its acquisitions and its bid for a highly lucrative Pentagon cloud contract.

Spending by Alphabet Inc.’s Google dropped almost 50% to $2.8 million from $5.5 million during the same period last year as it reshuffles its Washington lobbying operations under Karan Bhatia, the global policy chief who joined the company last year. In September, Google hired former Republican Senate aide Mark Isakowitz to head up its operations in the capital, replacing Susan Molinari. During the second quarter, Google ended its relationship with more than a dozen lobbyists at six outside firms.

Read more: https://www.bloomberg.com/news/articles/2019-10-22/facebook-amazon-set-lobbying-records-amid-washington-scrutiny?utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-twitter-business&utm_source=twitter&utm_content=business

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Reply Facebook and Amazon Set Lobbying Records Amid Washington Scrutiny (Original post)
demmiblue Oct 2019 OP
turbinetree Oct 2019 #1
Crowman2009 Oct 2019 #2

Response to demmiblue (Original post)

Tue Oct 22, 2019, 09:20 AM

1. These two platforms are dangerous.......................Warren has it correct they need to be broken

Last edited Tue Oct 22, 2019, 09:55 AM - Edit history (1)

up...........................

I wonder if they (Facebook) watched Maddow last night.....................probably not



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Response to demmiblue (Original post)

Tue Oct 22, 2019, 01:19 PM

2. I've been searching for local alternatives and other websites in order to keep from giving to that..

....bald bastard Bezos. Anything to drain the oligarchs of this hi-tech guilded age. If you live in the mid-Michigan area and Grand Rapids, then try Schuler Books for their literary needs: https://www.schulerbooks.com/hours-and-locations

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