*By Michael Teich* Democrats led by Senator Mark Warner are stepping up the charge against big tech, but they may not accomplish anything unless the party makes major gains in the midterm elections, according to Axios reporter David McCabe. Disinformation and privacy concerns on social media platforms have become a major concern of many lawmakers after Russian interference in the 2016 U.S. Presidential election was uncovered. "It's not hugely surprising to see Democrats engaging on the disinformation piece because of the concerns about 2016," McCabe said Tuesday in an interview with Cheddar. Facebook has spent nearly two years working to counter political misinformation campaigns on its platform. The company announced Tuesday it found and removed 32 pages and accounts linked to an influence campaign on Facebook and Instagram. Warner said in a statement Tuesday that "the Kremlin continues to exploit platforms like Facebook to sow division and spread disinformation." Before Facebook's announcement, McCabe had obtained Warner's policy papers, which propose 20 ways to address disinformation online, protect user privacy, and encourage greater competition. McCabe said he's skeptical that Warner's proposals can be enacted in the near-term. Despite a growing tech-lash and heightened concerns over data privacy that resulted from Facebook's Cambridge Analytica scandal, the issues are not priorities for Democrats or Republicans. "Going into midterms, this hasn’t proven to be a big election issue," McCabe said before Facebook's latest revelation. If Democrats can shift party control of Congress in November, they may be able to get enough momentum behind Warner's ideas, said McCabe. But even if they do well in midterms, the Democrats will have to go up against big tech's robust lobbying efforts. McCabe said the Democrats' intentions, as outlined by Warner, may prompt tech companies to spend even more on lobbying lawmakers in Washington. In September, legislators will question social media executives including Twitter's Jack Dorsey in order to evaluate how government regulations might prevent the spread of misinformation and propaganda on social platforms. For more on this, [click here](https://cheddar.com/videos/mark-warners-uphill-battle-against-big-tech).

Share:
More In Technology
John Warren
Assessing the environmental impact of mining cryptocurrency.
Markets Open Lower On Weak Meta Earnings
U.S. markets opened lower as disappointing Meta earnings dragged down the tech-heavy Nasdaq. Today, investors will be watching for Amazon's Q4 earnings report set for release after the market close. Greg Swenson, Founding Partner, Brigg Macadam joined Cheddar's Opening Bell to discuss.
Stocks Open Mostly Higher on Strong Tech Earnings
Markets opened mostly higher led by gains in the tech sector on strong Q4 earnings. It comes after a tumultuous January which saw stocks suffer one of their worst months since the early days of the pandemic. Jim Worden, Chief Investment Officer, Wealth Consulting Group joined Cheddar's Opening Bell to discuss early market activity.
Fitness Brand CLMBR Shaking Up The At-Home Fitness Industry
CLMBR is hoping to become the next big thing in connected fitness. The brand offers a high intensity, low impact workout with on-demand, instructor-led classes. Avrum Elmakis, CLMBR's CEO and founder, joined Cheddar to discuss where the company is heading next.
Amazon, Nike Considering Potential Bids For Peloton
Peloton is reportedly drawing interest from multiple suitors. According to the Wall Street Journal, Amazon is considering acquiring the exercise bike company as it looks to expand into the health and wellness technology industry. Hatem Dhiab, managing partner at Gerber Kawasaki, joined Cheddar to discuss Peloton's future and which company might be its best bet as a buyer.
Amazon Shares Jump on Solid Cloud Revenue, Profit From Rivian Stake
Amazon shares jumped north of 13 percent in after-hours trading as the E-commerce giant posted a beat on earnings in its fourth quarter. Amazon saw particular success in its cloud computing business, as well as its stake in EV startup, Rivian after its massive IPO. Deren Baker, CEO, Edge by Ascential joined Cheddar's Opening Bell to discuss.
Google Parent Alphabet Posts Strong Q4 Results, Revenue Growth of 32%
Google parent company Alphabet reporting a beat on its Q4 earnings report, with revenue up 32%. The company's strong quarter was thanks to success in its cloud and advertising businesses, which both saw solid year-over-year growth. Angelo Zino, Senior Industry Analyst, CFRA Research joined Cheddar's Opening Bell to discuss the tech giant's blowout results.
Load More