*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
Samsung, Micron Warn of Delayed Chip Production Due to Xi'an Lockdown
Daniel Newman, Founding Partner and Principal Analyst at Futurum Research, joins Cheddar News' Closing Bell, where he says the markets are going to feel very uncomfortable receiving news of more potential setbacks for chip manufacturers after already enduring a lengthy chip shortage.
Electric Vehicles Face Pricing, Charging Infrastructure Roadblocks to Mass Adoption
The federal government and numerous industries have been preparing for a greener future, setting goals to reduce greenhouse emissions by switching to electric vehicles. But the next hurdle to clear is convincing the wider public to get on board. Arun Kumar, managing director in automotive practice at AlixPartners, spoke to Cheddar's Ken Buffa about consumer trends related to EV transition and said he believes a widespread switch is imminent in 2022. Despite this, he acknowledged there are still significant obstacles to overcome, including high prices and more charging stations. "Without charging infrastructure, people are going to struggle with increasing adoption of electric vehicles in the future," Kumar told Cheddar. "I think by 2030 our estimate is that about a million chargers need to be put in place nationally in the U.S."
Creator Economy Booms as Platforms Launch Monetization Tools and Perks
The pandemic has supercharged the creator economy, and there are no signs of it slowing down no matter when the pandemic officially ends. Creators prove to be a key factor in driving purchasing decisions and retail sales, and an increasing amount of platforms are taking advantage of the social influence. Karissa Bell, senior editor at Engadget, joins cheddar news to discuss the creator economy boom.
Behind the National Women's Soccer League and Voyager Digital Multi-Year Crypto Deal
The National Women's Soccer League is partnering with Voyager Digital as its first-ever cryptocurrency brokerage in a multi-year deal. Marla Messing, interim CEO of the NWSL, and Steve Ehrlich, CEO of Voyager Digital, joined Cheddar to discuss benefitting the league and educating players and fans as a way of democratizing cryptocurrency. Messing explained that the players themselves will own half the assets as part of how the deal is structured. "My hope is, just in terms of the expectations of crypto over the long term, that I hope a lot of them are able to just let it sit there," she said. "And that one day this will be a nice retirement account for them."
Tesla's 2021 Year in Review
The E-V maker Tesla has had a wild year. The company managed to continue to dominate the U.S. electric vehicle space despite growing competition and production delays. As the end comes to an end, Tesla finds itself growing richer and richer. Author of Risk Ritual Newsletter Richard Smith, joined Cheddar to discuss more.
Load More