*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).
Qualtrics CEO Ryan Smith rang the closing bell alongside SAP CEO Bill McDermott to celebrate his company's last minute buyout by SAP. Smith and McDermott talk to Cheddar about Qualtrics' planned expansion, their goals for enterprise technology and why they think the $8 billion acquisition makes so much sense. "Our mission is bigger than everything. We want XM, or experience management, all over the world, and this is by far the best way to do it," Smith told Cheddar.
NASA is partnering with an unlikely organization for one of its newest experiments ー The Michael J. Fox Foundation. NASA is planning on growing crystals out of the proteins that are likely connected to Parkinson's disease. Sarah Lewin, associate editor at Space.com, told Cheddar that growing the crystals in space will give scientists more information on the proteins and hopefully lead to a breakthrough in curing Parkinson's.
The burgeoning sport of drone racing is about to go autonomous. The professional Drone Racing League is preparing to launch a circuit for A.I. drones to compete against one another ー and, eventually, against human-controlled drones. Nicholas Horbaczewski, the founder and CEO of the DRL, previewed the new circuit in an interview on Cheddar Wednesday.
Federal regulators have subpoenaed Snap as part of a probe into its 2017 initial public offering, the company confirmed in a statement to Cheddar.
E-cigarette maker Juul announced new concessions to limit rampant teen vaping on Tuesday ー including pulling certain products from stores and abandoning social media feeds ー in the face of increasing pressure from the FDA and anti-smoking groups.
Trendy beverage maker Dirty Lemon may have halted production of its CBD-infused drink due to legal concerns, but CEO Zak Normandin insisted the company isn't otherwise slowing down or playing it safe. Rather, it is working to expand the brand's physical presence and develop new products.
In a big year for mergers and acquisitions in the healthcare industry, consumers are right to fear rising insurance premiums and prescription drug prices. But eHealth ($EHTH) CEO Scott Flanders told Cheddar on Tuesday that vertical integration, like Aetna's merger with CVS, might actually help combat rising costs by creating more choices for consumers.
Petco will phase out dog and cat food containing artificial ingredients and preservatives entirely by May 2019. Petco CEO Ron Coughlin told Cheddar Tuesday that the decision to move to a wholly natural-ingredient line was part of a corporate strategy to become a full-service "partner to pet parents." It also reflects broader consumer trends toward healthier, organic foods ー that now includes the diets of their pets.
Hybrid cloud computing is now the name of the game at IBM, thanks to the company's recent acquisition of Red Hat. "We are going to be the company that is providing enterprise-ready hybrid cloud solutions and actually create the foundation of the infrastructure of the future," IBM's chief digital officer Bob Lord told Cheddar on Tuesday.
The backlash was swift after Amazon announced on Tuesday morning that it will split its second unbuilt headquarters and up to 50,000 full-time jobs between two locations: Long Island City, in Queens, N.Y., and the Crystal City neighborhood of Arlington, Va, just outside the nation's capital.
