TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Zuckerberg Hates Warren’s Plan to Break Up Facebook. She Doesn’t Care

76 pointsby SREinSFover 5 years ago

11 comments

steveadsover 5 years ago
I&#x27;m unpersuaded by Warren&#x27;s arguments for breaking up big tech. If her strongest concerns are that the big tech companies are anti-competitive and loose wrt privacy I think Tyler Cowen makes some strong counter arguments.<p>1. The big tech companies are not true monopolies. They simply offer a better service than current competitors. It&#x27;s hardly set in stone that Facebook, for instance, will continue to hold it&#x27;s majority in social networking.<p>2. I&#x27;d trust a large company like Google who has stronger data protection policies in place than the smaller alternative also in the same space.<p>3. Breaking up or regulating more strongly distracts some of the most productive and innovative companies.
评论 #21129638 未加载
评论 #21138022 未加载
评论 #21129772 未加载
ng12over 5 years ago
I&#x27;m not sure why she&#x27;s so gung-ho on this. I can&#x27;t imagine it&#x27;s a popular issue with the average voter, especially when tech is one of the last true paths to the middle class Americans have left.<p>On the other hand even my tech illiterate family members would like to see Comcast taken down a few pegs.
评论 #21129258 未加载
评论 #21129153 未加载
评论 #21129225 未加载
评论 #21129266 未加载
评论 #21129326 未加载
评论 #21129229 未加载
评论 #21129179 未加载
评论 #21129004 未加载
评论 #21129181 未加载
评论 #21129239 未加载
评论 #21129138 未加载
fossuserover 5 years ago
Read the leaked transcript from Facebook yourself, it&#x27;s much better than these takes from the press: <a href="https:&#x2F;&#x2F;www.theverge.com&#x2F;2019&#x2F;10&#x2F;1&#x2F;20892354&#x2F;mark-zuckerberg-full-transcript-leaked-facebook-meetings" rel="nofollow">https:&#x2F;&#x2F;www.theverge.com&#x2F;2019&#x2F;10&#x2F;1&#x2F;20892354&#x2F;mark-zuckerberg-...</a><p>I&#x27;m impressed by Zuckerberg&#x27;s candidness and the depth he goes into explaining how he&#x27;s thinking about things, and that he does this <i>every week</i>.<p>He seems like a good CEO.
js2over 5 years ago
Here&#x27;s Warren&#x27;s actual proposal:<p><a href="https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;break-up-big-tech" rel="nofollow">https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;break-up-big-tech</a><p><i>First, by passing legislation that requires large tech platforms to be designated as “Platform Utilities” and broken apart from any participant on that platform.<p>Companies with an annual global revenue of $25 billion or more and that offer to the public an online marketplace, an exchange, or a platform for connecting third parties would be designated as “platform utilities.”<p>These companies would be prohibited from owning both the platform utility and any participants on that platform. Platform utilities would be required to meet a standard of fair, reasonable, and nondiscriminatory dealing with users. Platform utilities would not be allowed to transfer or share data with third parties.<p>For smaller companies (those with annual global revenue of between $90 million and $25 billion), their platform utilities would be required to meet the same standard of fair, reasonable, and nondiscriminatory dealing with users, but would not be required to structurally separate from any participant on the platform.<p>To enforce these new requirements, federal regulators, State Attorneys General, or injured private parties would have the right to sue a platform utility to enjoin any conduct that violates these requirements, to disgorge any ill-gotten gains, and to be paid for losses and damages. A company found to violate these requirements would also have to pay a fine of 5 percent of annual revenue.<p>Amazon Marketplace, Google’s ad exchange, and Google Search would be platform utilities under this law. Therefore, Amazon Marketplace and Basics, and Google’s ad exchange and businesses on the exchange would be split apart. Google Search would have to be spun off as well.<p>Second, my administration would appoint regulators committed to reversing illegal and anti-competitive tech mergers.<p>Current antitrust laws empower federal regulators to break up mergers that reduce competition. I will appoint regulators who are committed to using existing tools to unwind anti-competitive mergers, including:<p>Amazon: Whole Foods; Zappos<p>Facebook: WhatsApp; Instagram<p>Google: Waze; Nest; DoubleClick<p>Unwinding these mergers will promote healthy competition in the market — which will put pressure on big tech companies to be more responsive to user concerns, including about privacy.</i><p>She also isn&#x27;t just going after large tech companies. She&#x27;s also going after large banks and ISPs. It&#x27;s laughable to claim that she isn&#x27;t on the side of the American consumer after she almost single handily spearheaded the CFPB.<p>Re banking:<p><a href="https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;wall-street" rel="nofollow">https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;wall-street</a><p><a href="https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;holding-wall-street-accountable" rel="nofollow">https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;holding-wall-street-accoun...</a><p>Re ISPs:<p><a href="https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;invest-rural" rel="nofollow">https:&#x2F;&#x2F;elizabethwarren.com&#x2F;plans&#x2F;invest-rural</a><p>(See &quot;A Public Option for Broadband&quot;)<p>I&#x27;m sure big pharma is covered too. Aside: I have no idea what a President Warren would realistically be able to enact, but her goal is not to destroy the free market. Recall that she was a Republican for a long time. She wants to use government as a referee to ensure fair competition in the market, and to fill in the gaps the market doesn&#x27;t provide. That&#x27;s my take on her anyway.
评论 #21129279 未加载
评论 #21129217 未加载
评论 #21129288 未加载
评论 #21129830 未加载
chrisellesover 5 years ago
Scott Galloway at NYU Stern was interviewed on Business Casual podcast.<p>He makes a compelling argument for anti-trust net positive value creation.<p><a href="https:&#x2F;&#x2F;www.morningbrew.com&#x2F;daily&#x2F;stories&#x2F;2019&#x2F;09&#x2F;23&#x2F;business-casual-episode-1-transcript-breakup" rel="nofollow">https:&#x2F;&#x2F;www.morningbrew.com&#x2F;daily&#x2F;stories&#x2F;2019&#x2F;09&#x2F;23&#x2F;busines...</a>
haolezover 5 years ago
Couldn’t these companies simply migrate to other countries and operate from there?
评论 #21129438 未加载
iron0013over 5 years ago
Really funny to see how this had been an overwhelmingly popular idea on Hacker News, until a progressive Democrat (and a woman!) voiced it, then suddenly many here have &quot;concerns&quot;
评论 #21138869 未加载
oarabbus_over 5 years ago
Let&#x27;s break up the big Tech giants, but leave Big Banking and Big Pharma alone (for example)? How come Comcast gets to operate as an ISP and Telecom and suppress competition, but Google, Amazon, and Facebook are illegal monopolies that need to allegedly be broken up by Government? It reeks of targeting.
评论 #21129175 未加载
评论 #21128842 未加载
评论 #21128815 未加载
评论 #21129178 未加载
评论 #21129211 未加载
评论 #21129184 未加载
vernieover 5 years ago
I&#x27;m sure those internal Q&amp;A&#x27;s were nice while they lasted.
matthewfelgateover 5 years ago
Why break up Facebook but not say, the far more powerful Microsoft?
danthemanover 5 years ago
It&#x27;s always amazing to watch people who have never created anything tell others how it&#x27;s done.
评论 #21128955 未加载
评论 #21128812 未加载
评论 #21129048 未加载
评论 #21129185 未加载
评论 #21129381 未加载
评论 #21128771 未加载