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Paul Merrell

House Committee Passes 'Big Tech' Antitrust Package Despite Lobbying Onslaught | ZeroHedge - 1 views

  • As the DoJ and FTC pursue civil antitrust litigation against some of America's largest tech firms, a House Committee has approved legislation to curb the market dominance of many of these same firms, including Google-owner Alphabet and Facebook. However, according to a report from WSJ, the tech firms targeted by the legislation are ramping up their lobbying efforts, precipitating a pitched battle over the legislation in the Senate.At the core of the six-bill raft of legislation is a measure to bar big tech firms from favoring their own products on their platforms. It was approved by the House committee early Thursday by a vote of 24 to 20.The NYT reported that Apple and other tech giants engaged in aggressive lobbying against the six-bill package, with Apple CEO Tim Cook going so far as to call Speaker Nancy Pelosi and other top lawmakers to warn them against supporting the legislation. Per the NYT, the calls from Cook were "part of a forceful and wide-ranging pushback by the tech industry since the proposals were announced this month. Executives, lobbyists, and more than a dozen think tanks and advocacy groups paid by tech companies have swarmed Capitol offices, called and emailed lawmakers and their staff members, and written letters arguing there will be dire consequences for the industry and the country if the ideas become law."
  • Mirroring the outcome of several EU anti-trust investigations, the legislation, known as the "American Choice and Innovation Online Act," the legislation would prohibit the owners of big platforms (like Amazon's online marketplace) from creating disadvantages for goods and services provided by competitors.
Paul Merrell

China's quantum satellite enables first totally secure long-range messages - 2 views

  • In the middle of the night, invisible to anyone but special telescopes in two Chinese observatories, satellite Micius sends particles of light to Earth to establish the world’s most secure communication link. Named after the ancient Chinese philosopher also known as Mozi, Micius is the world’s first quantum communications satellite and has, for several years, been at the forefront of quantum encryption. Scientists have now reported using this technology to reach a major milestone: long-range secure communication you could trust even without trusting the satellite it runs through. Launched in 2016, Micius has already produced a number of breakthroughs under its operating team led by Pan Jian-Wei, China’s “Father of Quantum”. The satellite serves as the source of pairs of entangled photons, twinned light particles whose properties remain intertwined no matter how far apart they are. If you manipulate one of the photons, the other will be similarly affected at the very same moment.
  • It is this property that lies in the heart of the most secure forms of quantum cryptography, the entanglement-based quantum key distribution. If you use one of the entangled particles to create a key for encoding messages, only the person with the other particle can decode them.
  • Secure long-distance links such as this one will be the foundation of the quantum internet, the future global network with added security powered by laws of quantum mechanics, unmatched by classical cryptographic methods. The launch of Micius and the records set by the scientists and engineers building quantum communication systems with its help have been compared to the effect Sputnik had on the space race in the 20th century. In a similar way, the quantum race has political and military implications that are hard to ignore.
Paul Merrell

Epic Games accuses Google of bullying and bribing to block competition to its Android a... - 0 views

  • oogle on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people’s dependence on one of its main products to stifle competition at consumers’ expense. The trial that opened in a San Francisco federal court targets the Google Play Store that distributes apps for the company’s Android software that powers virtually all the world’s smartphones that aren’t made by Apple. The case, stemming from a lawsuit filed by video game maker Epic Games, alleges Google has created an illegal monopoly on Android apps primarily so it can boost its profits through commissions ranging from 15% to 30% on purchases made within an app. “The result of what Google is doing is higher prices, lower quality and less choice for everybody,” Epic attorney Gary Bornstein said Monday during a 45-minute opening statement before the 10-person jury that will decide the case.
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