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No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

theregister.com

11–20 of 109 posts

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#11
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

I’m not sure employee compensation is part of the FTC remit.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#12
post #7
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

I don't know if it can be called "En Masse" if they STILL have more employees today than during the 0% interest rate years

it's en masse because it's way more than the baseline firing rate

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#13

Shocking. It was previously reported that Apple wouldn't let him talk about China or AI and it turns out that the AI segment was related to antitrust and Lina Khan. https://www.nytimes.com/2023/10/19/business/media/jon-stewar... > Mr. Stewart told members of his staff on Thursday that potential show topics related to China and artificial intelligence were causing concern among Apple executives

Apple would be loath to annoy China regardless of who the FTC head was.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#14
post #10
post #3

Neoliberalism/anarcocapitalism has stoned these corporations, I hope it has arrived the day that we start putting them back in line by punishing well these monopolistic practices, anti unions strategies, stock dumping and buybacks, fiscal havens, mass layoffs, etc. it has gone out of hand. Companies can’t just leech out of general population undisturbed

They don’t. These corporations are incredibly popular among the public. Seriously. Look at any polling and you’ll find Amazon, Google, Apple with higher approval ratings than any branch of government (only the military is close), by high double-digit percentages. The average American would be happier with Amazon taking over the feds, than the other way around.

part of this is exactly because their malfeasance has gone unchecked for so long

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#15
post #11
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

I’m not sure employee compensation is part of the FTC remit.

The FTC is mainly concerned with the company's external behavior. Internal business would probably fall under the purvue of the NLRB, maybe the SEC, and such.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#16
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

What does it mean to "hoard talent"? Pay high wages? I'm sure they've done plenty worth penalizing, but not that.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#17
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

What is "hoarding of talent"? These are human beings and they have a right to work where they want. Let's be clear, apple "hoards" talent by offering them competitive pay and benefits. If others want to compete they should offer something as compelling. It doesn't have to be money, I personally left for less money multiple times. It could be working on an interesting problem or with smart people.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#18
The interesting or perhaps scary question is how many times are news hosts told to drop a topic/story and they go along with it and the public never even knows a topic was dropped?

It's worth asking how we can make our systems safer against large corporations shady influence.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#19
The headline and article text make this confusing, but I'm pretty sure that Stewart is saying that Apple did block him from having her on the podcast that they sponsored, not that Apple expressed any opinion at all about him having her on the Daily Show.

This is part of Apple's general heavy-handedness which caused him to quit, not an attempt to block Khan in other outlets.

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