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GOP lawmaker: Democrats’ tech proposals will include ‘non-starters for conservatives’

The remarks signal areas of both significant agreement and disagreement between congressional Democrats and Republicans on how to ratchet up scrutiny of the world’s biggest tech companies.

According to the memo, the final report will offer “a menu of potential changes” to existing law aimed at addressing bipartisan concerns that the tech giants have unfairly squelched or scooped up competitors to detriment of their users. The recommendations will include a ban on certain types of mergers, such as on “future acquisitions of potential rivals and start-ups” by major platforms. But Republicans are unlikely to back Democrats’ more aggressive reforms, according to the memo.

Buck said he opposes not-yet-unveiled Democratic proposals aimed at “eliminating arbitration clauses and further opening companies up to class action lawsuits.” And he said he rejects antitrust subcommittee Chair David Cicilline’s (D-R.I.) idea of advancing legislation to force structural breakups of major online platforms like Amazon.

“We

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4 Ways The Oil Industry Must Rapidly Evolve To Survive

A common misreading of Darwinism is that only the strongest survive. Not quite. Charles Darwin argued that organisms that mutated to adapt to changing environments would, through a process of natural selection, lead to the evolution of new species. It had nothing to do with strength, but adaptability. And while the oil and gas industry has some of the world’s cleverest engineers and scientists, they don’t call it Big Oil because it’s especially good at change. We all know that if the energy sector’s cost structure does not evolve, the entire industry will end up like the prehistoric giants who provided the raw material for fossil fuels in the first place.

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Technology is the new battleground of geopolitical order as China and US face-off over TikTok: Expert

There’s a tech turf war smoldering, the result of which could create a new world order and redraw geopolitical alliances. That’s according to Abishur Prakash, a geopolitical futurist at Center for Innovating the Future and author of our books, including Next Geopolitics: Volume 1 and 2.

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“This is the new status quo, geopolitics. Tech is now driving things,” he said in an interview with Yahoo Finance’s On The Move.

The power struggle is evident, said Prakash, as the U.S. and China face-off in a proxy war over social media app TikTok, currently owned by Chinese tech giant ByteDance, which is working with U.S. regulators to resolve outstanding security concerns over its planned sale of the popular app.

“If we look at the deal between TikTok and Oracle (ORCL) and Walmart (WMT), a key focus of that deal is data, where will data be stored,” he said, with privacy

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How 2020 Has Pushed Tech To Its Limits

CEO of The 20, an exclusive consortium for Managed Service Providers (MSPs) aimed at dominating and revolutionizing the IT industry.

The perfect storm of 2020 has pushed the tech industry into uncharted territory. It’s one thing to ask, “What would happen if everyone started using my product?” It’s something entirely different when they actually do, though.

The world’s sudden shift to work from home has affected almost every aspect of the tech industry. Businesses need to account for security, scalability and ease of use more than they ever have for this transition. Technology has gone from vitally important to just plain vital.

Scalability

One of the most obvious issues when work from home started was how hard it pushed scalability questions. Your office server was theoretically fine, but now it needs to manage a heavier load than it ever has. Video and phone systems have been taxed as

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