#monopolies — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #monopolies, aggregated by home.social.
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@sabrinkmann
#monopolies like the one you mentioned tend to zuck up everything while the #fedi, as I understand it, prefers to #federate and link instead. So, can't an actor provide a clickable, say matrix, handle? Has it to be mandatory? Has it to be a certain protocol? #AP? Or can there be #choice?P.S.: auto-discovery via #webfinger / #RFC7033?
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https://www.youtube.com/shorts/bb-5Kw30yaQ?is=8lTsmc-ucwPdBfnv
#LizOyer #OyerLawyer #ToddBlanche #DOJ #ConsumerProtection #Law #Justice #Politics #USA #tRump #Republicans #GOP #Congress #Activism #Protest #Election #Vote #Corruption #Grift #Lobbyists #Corporatocracy #Oligarchy #EatTheRich #Senate #Cronyism #Mergers #Maga #Affordability #AntiTrust #Monopolies #Enforcement #MikeDavis #RealEstate #Investigations #Tax #Corporate #Prices
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"In 2021, the virtual world was the future of the internet. The pandemic had sequestered everyone indoors, heightening the appeal of digital communities. Facebook rebranded to Meta — a sign of the tech giant’s investment in and commitment to the metaverse as the future of the internet. Despite losing billions in VR, Meta released an upgraded version of the Quest 2 headset and began focusing on launching a higher-end Quest Pro. At the end of the year, it announced its plan to plunk down a rumored $400 million to buy the independent VR gaming studio Within, maker of a popular fitness game called Supernatural. Less than five years later, however, it shut the game down, leaving a community of avid fans bereft.
To former FTC chair Lina Khan, there’s a lesson in the ultimate fate of Supernatural, and the community that had grown up around it. She’d know — because she tried and failed to block Meta from acquiring Within.
“You need to have some regulatory humility because you don’t always know on the front-end how certain products are meaningful for certain communities,” says Khan. The FTC’s Meta lawsuit was often framed as an abstract attempt to rein in Big Tech. But in the end, the acquisition’s human cost was obvious — and an example of precisely why antitrust law matters. “Bringing to light that [Supernatural] was a core way for communities to stay healthy shows that there were real stakes here.”"
https://www.theverge.com/report/896820/lina-khan-ftc-meta-supernatural-antitrust
#USA #SocialMedia #VideoGames #VR #Meta #Facebook #Monopolies #FCT #LinaKhan #Antitrust
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Why struggling #Thailand keeps voting for change tt never comes
"A group of academics published an open letter warning🇹🇭 is approaching “breaking point.” It urged voters to shun #political parties hostile to LT devt, w dismantling #monopolies among its core proposals. The top 5% of cos control >85% of tot revenue across🇹🇭 #economy.. Cos linked 🇹🇭’s #richest men hold outsized influence in #energy, F&B, #retail & #telecommunications, & together acct for nearly ⅕ of #SET index"
https://www.straitstimes.com/asia/se-asia/why-struggling-thailand-keeps-voting-for-change-that-never-comes -
I've never hated #capitalism as described in my #Economics classes or by its proponents. I hate #CronyCapitalism, #monopolies & #monopsonies & their "oli-" kin ( #oligopoly for example). I want actual #FreeMarket capitalism with strong #rules, enforced equally. I want true #AdamSmith capitalism.
Why The Rich Hate Capitalism -... -
"Then, back lit, filling the saloon doors, amid swirling dust, staring down the debauch...comes Lina Khan."
https://3m.fyi/posts/the-redemption-of-lawyers/
#LinaKhan #CoryDoctorrow #Monopolies #lawyers #PowellMemo #PowellMemorandum #Bork #Nixon #Reagan #AntiTrust #Oligarchs #Oligarchy #Plutocrats #Plutocracy #Trump #Law #BreakEmUp #Litigate #democracy #FTC #Mamdani #Zoran #NYC
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#CyberSecurity #Monopolies #Microsoft #Windows #CrowdStrike #Monocultures: "CrowdStrike will likely face a wave of lawsuits seeking to hold it responsible for shutting down the world’s computers. It’s easy to blame the company. But there’s a bigger culprit: monoculture. Roughly 73 per cent of desktop computers worldwide run a Microsoft Windows operating system. Because Windows systems are so common, they are a popular target for hackers, who can exploit more computers with a single attack than if they targeted MacOS or Linux systems. As a result, there’s a massive market for software like CrowdStrike’s. Almost 60 per cent of Fortune 500 companies use CrowdStrike, which helps explain why impacts on commercial systems were so profound, even though 8.5m machines is a tiny fraction of the number of computers used worldwide. The reliance on a single operating system and a single threat checker for critical commercial IT systems makes global outages possible. Consequently, computing is profoundly more vulnerable than it needs to be.
To understand how we got here, it helps to look at an apparently unrelated industry: agriculture."
https://www.prospectmagazine.co.uk/ideas/technology/67625/when-monoculture-leads-to-monofailure
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American Big Tech Has Enslaved Us | Aaron Bastani Meets Yanis Varoufakis
#varoufakis #technofeudalism #cloudcapitalism #bigtech #monopolies #oligopolies
