So, it finally happened. A leading American politician has said aloud what many have been whispering: It’s time to break up Big Tech. Democratic presidential candidate Elizabeth Warren just fired the opening salvo and called for the federal government to take action: “Today’s big tech companies have too much power— too much power over our economy, our society, and our democracy.”
Read moreAt $1 Trillion, Amazon Should Fear Regulations More Than Rivals
Amazon briefly touched $1 trillion in market capitalization on Tuesday, barely a month after Apple topped $1 trillion. The companies share the letter A and 12 zeros, but the similarity largely ends there.
Read moreThe Chinese Want to Buy More American Companies — And we Should Let Them
China was poised to make its largest-ever investment in the United States this past week, after the Chinese insurance group Angbang topped Marriott in a bidding war for the Starwood hotel chain. The offer was extremely attractive: $14 billion in cash. But a chorus of skeptics urged Starwood to say no.
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