Tag:tech
The European Union’s Antitrust Actions Against Google and Apple: The Last Soldier of Big Tech Regulation
Due to President Trump’s focus on weakening regulations on big technology companies, the European Union (EU) finds itself once again at the forefront of regulating big tech to ensure fair competition within digital markets. The EU’s recent actions, as of March 19, 2025, accuse Google and Apple of antitrust violations, a move that may increase geopolitical tensions as President Trump has made it clear he will protect American companies from “overseas extortion.” The EU remains one of the few remaining checks on the power of big tech.
The Downfall of Twitter: Layoffs Rocking Big Tech
Over the last several weeks we have seen mass layoffs across big tech, including Salesforce, Twitter, and Meta. This comes after big tech peaked during the COVID-19 pandemic when it was essential to the nation in keeping us virtually connected. During the lock down tech giants’ profits soared as consumers upgraded devices, maximized increased storage, and were forced to get creative in communicating in the workspace. However, inflation, rising interest rates, and digital spending are driving big tech companies to implement large-scale layoffs as the economy prepares to take a downturn. While Meta CEO, Mark Zuckerberg, described the announcement as one of his hardest decisions, Twitter CEO, Elon Musk, has taken a different approach, causing continuous chaos that has led to compliance risks.