Tech Companies Make Final Push to Head Off Tougher Regulation

Biden White House officials—eager to avoid a shutout on tech regulation—have joined lawmakers in lobbying for passage, according to a person familiar with the matter.

Industry spending on advertising to fend off regulation has exceeded $100 million since the beginning of 2021. That money and the industry’s lobbying muscle have helped tip the scales in its favor so far, according to supporters of the legislation. said Sen. Amy Klobuchar . She said allowing the companies to dominate policy debates in Washington “is no longer a viable option.Sen. Marsha Blackburn also complained of the tech companies’ heavy spending to fight regulations she has pushed.

Lobbyists for big technology companies say the tech-targeted legislation addresses issues that most Americans don’t see needing to be fixed.

Why, tech companies are pushing toward the instability we all are experiencing… are you okay with that?

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Rising cost of climate change will challenge countries and companies in 2023🌎 Year in Review: Insurers felt the pain, as 2022 delivered three of the decade's costliest disasters - dystopian flooding in Pakistan, deadly summer heatwaves in Europe, and Hurricane Ian tearing across southern U.S., according to a risk modeling firm Only Dystopia witnessed this year was in the political landscape. Flooding is quite normal Need some of that rain in Texas!
Source: Reuters - 🏆 2. / 97 Read more »

Factbox: Aluminium companies compete to sell low-carbon productsAluminium companies have launched a raft of aluminium products with lower carbon emissions, largely by either using hydro power or recycled material. Aluminium production is energy intensive. About 17,000 kWh of electricity are required to produce 1 tonne of aluminium They’re gonna be zero carbon if all the green energy suicide pact fanatics manage to keep the aluminium smelters closed…
Source: Reuters - 🏆 2. / 97 Read more »