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

CB Insights

MARCH 27, 2019

into cybersecurity startups globally — especially as tech companies have been largely at the center of privacy regulation issues. Amazon may use that underlying technology in its smart home products — including smart speakers — for added layers of protection. Collectively, FAMGA has poured nearly $2.5B

Google 76

Google Apple Security Data 76

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

CB Insights

NOVEMBER 9, 2017

Company: AOptix Technologies. The company also found itself confronted by conflicting energy program mandates and regulations. Select VC Investors: Bill Gates, CapX Partners, Constellation Technology Ventures. Company: Powa Technologies. via TechCrunch. Total disclosed funding: $107.9M. via GreenTech Media. via Fortune.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

DECEMBER 2, 2019

The move, according to the publication, would subject the digital coin to “a set of extensive and well established regulations.”. We recognize that stablecoins are an emerging technology, and that policymakers must carefully consider how this fits into their financial system policies. Apple Gets a Look Too. Citigroup Fined.

Rhode Island 108

Rhode Island United States Texas Washington 108

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