Facebook has reportedly secretly funded a nationwide 'grassroots' campaign to fight anti-Big Tech antitrust legislation gaining momentum in Congress, using covert operations to try and sway the public against bills that would hurt the company.
Facebook has reportedly secretly funded a nationwide"grassroots" campaign to fight anti-Big Tech antitrust legislation gaining momentum in Congress, using covert operations to try and sway the public against bills that would hurt the company.
The group spent almost $2 million on Facebook ads and more than $70,000 on Google ads, along with placing multiple strategic op-eds to criticize the antitrust bills as hurting the tech sector and allowing China and Russia to dominate the United States in tech innovation. Some of the pro-tech campaigns disclosed American Edge’s financial backing, but none mentioned its relationship to Facebook.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Metaverse Real Estate – Next Big Thing or Next Big Boondoggle?Highly-prized plots of digital land are fetching fortunes on the biggest metaverse platforms. Is metaverse real estate a shrewd investment in future tech or the next big boondoggle?
Read more »
Two big staking companies won’t support Terra’s new blockchainTwo of the largest staking companies won’t be supporting the new blockchain due to the way it was pushed through.
Read more »
‘Little People, Big World’ star Tori Roloff reveals third child’s dwarfism diagnosis“It’s so normal to us,” the “Little People, Big World” star says of her 3-week-old son Josiah’s achondroplasia diagnosis. “We have so many resources.&8221…
Read more »
With the Impending Death of Big Ten Divisions, a Walk Down Memory Lane is WarrantedThe Big Ten might soon get rid of divisions altogether, but once upon a time the B1G figured out the most embarrassing possible way to enshrine them.
Read more »
Luxury tax may cost Canadian industry big with $3B hit to economy: PBOLegislation to impose a luxury tax on new cars, boats and aircraft will create about $779M in new tax revenue over five years, but also impact future sales of…
Read more »
Stocks Making the Biggest Moves Midday: Ulta Beauty, Big Lots, Autodesk, Workday and MoreThese are the stocks posting the largest moves in midday trading.
Read more »