Facebook’s Faltering on Libra. I previewed the week’s hearings for Big Tech today on the website, and I wondered whether Silicon Valley would have any allies on Capitol Hill left. It turns out they have a few, but not nearly enough. David Marcus, a vice president of Facebook, testified at the Senate Banking Committee today […]
David Dayen
David Dayen is the executive editor of The American Prospect. He is the author of Monopolized: Life in the Age of Corporate Power and Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. He co-hosts the podcast Organized Money with Matt Stoller.
He can be reached on Signal at ddayen.90.
Posted inLaw and Justice
A Week of Reckoning for Big Tech
The platform monopolies face three hearings on Capitol Hill that could define future actions against them.
Posted inEconomic Policy
At Netroots Nation, a Worker’s Voice Spoke Volumes
Sarah Woodhams, a laid-off Toys “R” Us employee, highlighted the schemes of private equity, to a somewhat baffled Julián Castro.
Posted inCivil Rights in America
The Border Crisis Is Fracturing the Democratic Party
The Netroots Nation conference in Philadelphia emphasized immigration cruelties, as the party leadership struggles to respond, opting for backbiting instead of action.
Posted inMoney, Politics, and Power
Trump Seeking to Effectively Outsource Asylum Seekers to Guatemala
If the U.S. signs a “safe third country” agreement with Guatemala, migrants seeking refuge will have to file for asylum in the Northern Triangle country.
Posted inTAP
Large Crowd Rallies to Stop Private-Equity Hospital Closure in Philadelphia
Health professionals, patients, and lawmakers savaged private-equity baron Joel Freedman for the proposed closure of Hahnemann University Hospital at a noontime rally in Center City, Philadelphia, today. What looked to be over a thousand supporters and activists turned out, shutting down part of Broad Street and condemning Freedman as a “coward” and a “disgrace” who […]
Posted inWorking in America
The Biggest Abuser of Forced Arbitration Is Amazon
With 2.5 million third-party sellers, it’s the largest employment-related class barred from using courts for complaints, and confined to the online retailer’s private law.
Posted inTAP
Another Stop Sign for Self-Driving Cars
Elon Musk is unhappy: Somehow his grand vision of allowing every Tesla owner to sleep in the back of the car while they’re whisked around to work and play hasn’t come to fruition. According to an article at The Information, Musk has fired several top managers working on Tesla’s “Autopilot” feature, including the group’s leader, […]
Posted inEconomic Policy
Conservatives Grasp at Straws After CBO Minimum Wage Analysis Shows Clear Benefits
Increasing minimum wage to $15 an hour would be very good news for American workers.
Posted inEnergy and the Environment
Try SurveillApp!
These busy days, it’s hard to keep track of all that you’ve been doing. You may not remember what websites you’ve visited, who you’ve talked to and texted on your phone, every angle of every room in your house, and your precise location at every waking moment. Well, we’re the big web platform companies. And […]
