RIP Good Times | On the Future of Big Tech

Jane Chung

The trouble in Silicon Valley goes far beyond the tumult at Twitter and the implosion of FTX; in the sixteen months since Facebook rebranded as Meta, the company has shed thousands of employees, including 11,000 in a single round of layoffs, and has extended its hiring freeze. Across DoorDash, Stripe, Lyft, Salesforce, and other companies, more than 150,000 tech workers lost their jobs in 2022 alone, and stocks have taken...

A War Chest of Lobbying and Dark-Money Dollars

Jane Chung

The call to “Break Up Big Tech” was initially more pithy slogan than political possibility, but today, its realization seems far more plausible. President Biden, under pressure from workers and tech-accountability activists, appointed a gang of Big Tech critics to the Federal Trade Commission, his circle of advisers, and other positions. So far, they have led aggressive attacks: the FTC has sued Facebook for crushing competition, probed Amazon’s acquisitions of...

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