Brian Fung | @[email protected]

Brian Fung | @[email protected] @b_fung

Facebook says it will show less political content to some of its users, in a limited test: https://t.co/9QYqXF0Io3 — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

The Biden administration is dropping the Trump administration’s lawsuit against California’s net neutrality law, in a victory for state legislators and internet activists. https://t.co/Rlh2nqyWe9 — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

RT @joshscampbell: Canada will designate the far-right Proud Boys movement as a terrorist group https://t.co/3X4AsgCpJM — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

@AlexJamesFitz that's some grimy-looking transparent aluminum — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

@AlexJamesFitz This gif was extremely triggering — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

RT @oliverdarcy: NEWS: Voting technology company Smartmatic has sued Fox News, some of the network's hosts (Lou Dobbs, Maria Bartiromo, and… — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

RT @mkraju: NEWS: Democrats request Trump’s testimony at impeachment trial https://t.co/IxtDOwP8xz — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Weird use of the passive voice here. Is she faulting the online platforms that she accuses of censorship for... not doing more to keep her from believing things that weren't true? — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

As companies like Amazon face rising antitrust scrutiny, here’s my look this morning at Jeff Bezos’s complicated legacy: A business that’s created immense value for consumers and investors, but potentially enormous costs for everyone else. https://t.co/Ldc3PiurXy — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

And with Dems in congressional control (albeit with a razor-thin margin), they now have an opportunity to pass a more sweeping antitrust agenda. Recall @RepCicilline’s 2020 Big Tech report — it had big ideas, not all of which Republicans liked (eg Glass-Steagall for tech). — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Sens. Blumenthal, Booker and Markey are co-sponsoring, I’m told. This bill is seen as a big deal because Klobucha… https://t.co/guaVxodoXb — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

The bill also proposes new Clayton Act language to bar exclusionary conduct, also to be judged under an “appreciable risk” standard. Lots more, too — some post-merger transparency stuff, calls to eliminate “unnecessary” market definition requirements, creating new govt offices. — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Flips the burden of proof onto companies for certain mergers — for example, deals over $5bn & purchases of nascent rivals. It would be on the companies to prove their deals do NOT create an “appreciable risk” of reducing competition, rather than on the govt to prove they do. — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Here are the nuts and bolts if you want to get wonky: The bill gives another $300m each to the FTC and DOJ Gives antitrust regulators the authority to seek civil penalties on a first offense Lowers the burden for challenging M&A by creating an “appreciable risk” standard — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

New this morning: @SenAmyKlobuchar is introducing a major new bill to reshape the country’s antitrust laws. The bill expands FTC & DOJ budgets, allows stiff new fines for antitrust violations, and reworks the law to discourage mega-mergers and acquisitions of nascent rivals. — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

RT @oliverdarcy: via @b_fung: "Parler CEO John Matze has been terminated by the board of the embattled social media company, according to P… — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

In a Facebook video, Parler investor Dan Bongino confirms that CEO John Matze has been terminated — but Bongino disputes Matze’s reported claims that the board resisted his commitment to free speech. Bongino: “[Matze] is no white knight in this story." https://t.co/HHIkd21bYC — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

The Senate Commerce Committee has voted to confirm Gina Raimondo as Biden’s Commerce Secretary, 21-3. — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

I think I'm going to need more coffee for this. — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

How it started vs. how it’s going, etc. https://t.co/aZVFWsCMLP — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

“I’m quitting to spend more time with my newspaper and space rockets” is a thing not many people on this planet can say — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Huge: Amazon's Jeff Bezos will step down as CEO in Q3 to become executive chair; AWS CEO Andy Jassy to take over as Amazon CEO. The announcement: https://t.co/J89kXvFlHv Bezos’s letter to employees: https://t.co/714kjBSzVp https://t.co/zVoqPlL8jo — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

@AthertonKD Moonraker — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

@igorbobic Wait, does that make DC… Mordor? — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Here’s @mcuban ripping into the SEC (and the overall litigation-based regulatory philosophy favored by US agencies more generally) https://t.co/wpQX2ecAUl https://t.co/ecOEoqkAqf — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

NEW from @MattEganCNN — Sen. Warren letter to Robinhood: "The public deserves a clear accounting of Robinhood's relationships with large financial firms and the extent to which those relationships may be undermining its obligations to its customers.” https://t.co/EGwRky4SZm — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

The FTC says Amazon will pay more than $61 million to settle allegations it withheld tips from Amazon Flex drivers: https://t.co/NX5VkmjxNJ — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

https://t.co/DFoxCNwn0N — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

Soon-to-be Senate Banking chair re: GameStop: "It’s time for the SEC and Congress to make sure the market works for workers and for the American public and for consumers." — PolitiTweet.org

Brian Fung | @[email protected] @b_fung

I’ve now seen people describe Amazon’s forthcoming Arlington HQ tower as an upside-down drill bit, the top half of an ice-cream cone and a poop emoji. Keep ‘em coming. What else? https://t.co/gcOrDVOssJ — PolitiTweet.org