PYMNTS

FEBRUARY 3, 2020

The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. This is a major weakness for data-driven businesses to emerge, grow and innovate today, including in Europe, but huge opportunities lie ahead.”.

Data 130

Data Marketing Rhode Island Google 130

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. Its market cap seemed unaffected until July 2018, when Facebook lost around 20% of its value in one day off of news of slowing user growth. 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

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. The company also found itself confronted by conflicting energy program mandates and regulations. As you’ll see below, the reasons for failure are varied.

Capital 78

Capital Company San Francisco Operations 78