The Tech Companies That Wield Even More Power Than Facebook or Google

, I’ve seen how state-owned telecom companies under authoritarian-leaning regimes can contribute to human rights violations. And I fear that the sale will allow the Hungarian government to wield too much control over the country’s telecom infrastructure and could lead to increased surveillance and censorship of Hungarian citizens.

For years, Hungary’s prime minister has emphasized his desire to increase the proportion of every sector of the economy under “national ownership.” Orbán’s logic is that the more critical infrastructure he controls, the more secure he is in power. Not only will the deal help consolidate Orbán’s influence over the sector, but it’s also a worrying sign of growing authoritarianism.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S.-listed Chinese tech companies cancel HK-listing plans -The InformationMajor U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co , have put discussions about a potential Hong Kong listing on hold, The Information reported on Wednesday, citing people familiar with the matter.
Source: Reuters - 🏆 2. / 97 Read more »

Care startups masquerading as tech companies will flop in 2023: top VCInvestors will stop rewarding digital health startups masquerading as tech companies in 2023, VC Aike Ho predicts VC Aike Ho预测，2023年，投资者将不再奖励伪装成科技公司的数字健康初创公司 Good. hah...$MDX
Source: BusinessInsider - 🏆 729. / 51 Read more »

Startups find better access to talent as top tech companies cut jobs, freeze hiringSome tech workers are taking a closer look at startup jobs now that big companies are cutting back on hiring or signaling a slowdown is coming.
Source: CNBC - 🏆 12. / 72 Read more »

Sheetz, Wawa, D&H Distributing and the 8 other largest private companies in Pennsylvania, according to ForbesThese 11 companies were ranked by Forbes as “America’s Largest Private Companies”.
Source: PennLive - 🏆 463. / 53 Read more »

Dallas car rental companies, hotels cashing in on Southwest flight cancellationsMany stranded Southwest passengers turned to rental car companies to get home. Sounds like a movie. Count me as One. Drove from Chicago back to DFW. And believe me, the rental car companies were plugged into the Southwest gaffe. Avis charged a $500 one-way fee for the trip. Such BS.
Source: FOX4 - 🏆 289. / 63 Read more »