Russian President Vladimir Putin criticized the growing influence of U.S. social media companies and said their impact on society now puts them in competition with elected governments.
The tech-rich Nasdaq finished above 9,000 for the first time on Thursday, powering to its 10th straight record on gains by Amazon and other tech giants. The Nasdaq surged 69.51 points (0.78 percent) to finish the post-holiday session at 9,022.39.
Internet giant Google on Monday urged the European Parliament to resist approving a planned overhaul of the bloc's online copyright law that the company said would hurt Europe for “decades to come”. European lawmakers could vote as soon as next week on the landmark legislation that is intended to modernize copyright for the digital age but has set off a furious lobbying war in Brussels.
A windfall tax could be levied on tech giants such as Google, Amazon and Facebook to pay for public interest journalism, Jeremy Corbyn is expected to announce. The Labour leader will call for radical reform of the media landscape in a speech at the Edinburgh TV Festival.