Big Tech

Big Regulation Coming for Big Tech

Big Regulation Coming for Big Tech

Breaking up big tech is a 19th-century competition solution to a 21st-century competition problem. There is a better way.

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Facebook’s Moves Shake Up ‘Big Tech’ Payments Balance

Facebook’s Moves Shake Up ‘Big Tech’ Payments Balance

America’s tech giants Google, Amazon, Facebook, and Apple continue apace their march into payments. With Google Pay, Amazon Pay, Facebook Pay, and Apple Pay, they’ve put their brands foremost and use payments to boost on-platform engagement and commerce, reinforcing their centrality in consumers’ lives.

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Big Tech Will Push Deeper Into Finance This Year – But Avoid the ‘Headache’ of Being a Bank

Big Tech Will Push Deeper Into Finance This Year – But Avoid the ‘Headache’ of Being a Bank

Big Tech may want to get into banking this year, but it doesn’t want to be your bank. Google plans to introduce consumer bank accounts later this year in collaboration with Citibank and a California-based credit union. The company wants to piggyback off the financial know-how of its partners, while providing the digital layer through […]

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Big Tech Is Turning Banks Into Dinosaurs

Big Tech Is Turning Banks Into Dinosaurs

People still need banking services. But banks? How sustainable are they in 2019? That’s another matter. A traditional piece of banking business business model is going away. Namely, they will no longer make money off of money. Doing so is no longer profitable. High interest rates are gone and they are never coming back.

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