PYMNTS

SEPTEMBER 22, 2020

We actually have to take a hard look at whether these behemoths are killing off innovation and competition.”. and other tech companies have been facing backlash from lawmakers and regulators around the globe. David Cicilline (D-Rhode Island) ended the hearing by saying the companies “have monopoly power.”

Google 213

Google Meeting Rhode Island social media 213

PYMNTS

SEPTEMBER 9, 2019

David Cicilline of Rhode Island, who serves as subcommittee chairman. The second hearing focused on innovation and competitive impact on the tech space, and panelists included executives from Apple , Amazon and Google. We certainly would not want to regulate technology the same way we regulate municipal water.”.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

PYMNTS

FEBRUARY 3, 2020

This is a major weakness for data-driven businesses to emerge, grow and innovate today, including in Europe, but huge opportunities lie ahead.”. By way of example, the regulations would require a company such as Google to explain its search result processes. CFPB Files Suit Against Citizens Bank.

Data 130

Data Marketing Rhode Island Google 130

CB Insights

MARCH 27, 2019

into cybersecurity startups globally — especially as tech companies have been largely at the center of privacy regulation issues. Currently, the company is involved in a class action lawsuit with Rhode Island’s Pension Fund related to the data breaches. Collectively, FAMGA has poured nearly $2.5B

Google 76

Google Apple Security Data 76

CB Insights

NOVEMBER 9, 2017

The company also found itself confronted by conflicting energy program mandates and regulations. Torris said Boo.com also spent too much on advertising and promotions and failed to keep pushing forward on technology innovations. Select VC Investors: Rhode Island Economic Development Corporation. via GreenTech Media. .

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

JULY 16, 2019

Across a trio of hearings , Facebook was grilled about Libra , the cryptocurrency program that has been increasingly drawing scrutiny from regulators. He said there has been a “less open” environment that has become “hostile to innovation and entrepreneurship.” Cicilline noted there have not been challenges from antitrust regulators.

Rhode Island 100

Rhode Island Google Apple Regulation 100

PYMNTS

JULY 22, 2019

Representatives on the House Financial Services Committee had a few encouraging words for Marcus in terms of the wonder of innovation — and a lot of questions as to whether Facebook should really be going into the currency innovation business. But his follow-up indicated that he was more pro-innovation than specifically pro-Facebook.

Washington 144

Washington Rhode Island Missouri New York 144