Business, Spoken

The world's largest telecommunications-equipment company, China's Huawei, is suing the US government. But the suit isn't just about US law. It's part of Huawei's larger campaign to defend its role as a global provider of telecom gear amid fears that its technology is or could be used by the Chinese government for spying. In essence, Huawei is challenging the US government to prove its suspicions.

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On Wednesday afternoon, Mark Zuckerberg, the CEO of Facebook, described a sweeping new vision for his platform. “The future of communication,” he wrote, “will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure.” The post raised all kinds of questions about Facebook’s business model and strategies, as well as the tradeoffs the company could face.

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If there’s one choice that Facebook has made repeatedly over the past 15 years, it’s been to prioritize growth over privacy. Users were consistently encouraged to make more of their information public than they were comfortable with. The settings to make things public were always a bit easier to use than the ones to make things private. Data was collected that you didn’t have any idea was being collected and shared in ways you had no idea it was being shared.

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Last year, Chinese police arrested a man at a pop concert after he was flagged as a criminal suspect by a facial recognition system installed at the venue. The software that called the cops was developed by Shanghai startup Yitu Tech. It was marketed with a stamp of approval from the US government. Yitu is a top performer on a testing program run by the National Institute of Standards and Technology that’s vital to the fast-growing facial recognition industry.

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At the end of every year, Google conducts a pay equity analysis to determine whether employees of different sexes and races who are doing similar jobs are being paid equally. On Monday, Google published a blog post with selected findings from its 2018 analysis, highlighting that proposed changes for 2019 would have paid male engineers less than female engineers in one lower-level job category, referred to internally as Level 4 engineers.

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YouTube CEO Susan Wojcicki defended her company’s efforts to keep violent content off the video platform at the sixth annual Lesbians Who Tech Summit Friday in San Francisco. Wojcicki was interviewed by New York Times columnist Kara Swisher, who took the YouTube leader to task for the platform’s failure to keep dangerous content away from kids.

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Last March, Twitter CEO Jack Dorsey admitted that, despite the company’s intentions, Twitter wasn’t the best at encouraging productive or meaningful conversations among users. More often, the platform served to further abuse, harassment, and the spread of misinformation, while plunging users deeper into echo chambers.

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Just before the Civil War, and long before the Federal Reserve, the United States had 8,000 kinds of money. It was a chaotic, confusing time to buy your groceries. Private banks issued notes with the promise of backing in gold and silver, but their actual value was anybody’s guess. Soon other companies---drug stores, coal mines, and of course railroads, the wealthy connectors of their day---jumped into the fray.

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As the United States wrestles with what to do about the tremendous power its technology giants have amassed, the Federal Trade Commission is launching a new task force, which will keep tabs on the industry's competitive landscape and assess mergers both past and present. But critics say the creation of the task force is little more than an exercise in virtue signaling for an agency that has lately failed to bring any meaningful action against tech monopolies.

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Last year, Seattle’s city council repealed a tax on big employers less than a month after approving the legislation designed to raise funds to support homeless programs. The quick reversal came after Amazon, which employs around 45,000 people in the city, halted the construction of a new building and threatened to not occupy space it had leased in the planned Rainier Square tower because of the tax. Now, Amazon says it won’t move into the Rainier Square tower after all.

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