A brutal year: how the 'techlash' caught up with Facebook, Google and Amazon
Posted in: Government & Policy at 29/12/2019 22:12
Privacy scandals and antitrust issues dogged social media giants and the online retailer saw a rise in employee organizing
What goes up must come down, and in 2019, gravity reasserted itself for the tech industry.
After years of relatively unchecked growth, the tech industry found itself on the receiving end of increased scrutiny from lawmakers and the public and attacks from its own employees.
“The whole year has been brutal for tech companies,” said Peter Yared, chief executive officer and founder of data compliance firm InCountry. “The techlash we have seen in the rest of the world is just now catching up in the US – it’s been a long time coming.”