Big Tech’s Reckoning

In Newsweek

From my cover story in the May 13, 2022, issue of Newsweek

In February, the company formerly known as Facebook lost $232 billion in value in the stock market. Meta Platforms, as the company is now formally known, can only wish that a brutal stock beating is its only problem. The company is also facing a daunting level of ire, which is splashing over onto the rest of Big Tech—that is, Google, Amazon, Apple and Microsoft. These tech giants are facing scrutiny from regulators and legislators both in the U.S. and Europe. And they are all objects of an intensifying resentment on the part of the public….Read more

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