This is the week that the tide started to turn for Big Tech.
In the US and Europe you're seeing regulators push forward
and force the Big Tech platform companies to make changes
in their business model.
Twitter over the last few days announced
that it's going to start policing political advertising.
And now Facebook and Google are under pressure to do the same.
In Europe, the antitrust commissioner Margrethe Vestager
is talking about putting the burden of proof for consumer
good on the Big Tech firms themselves
when they're embroiled in antitrust suits.
That's a big deal.
Because it would allow some of the smaller players
that claim they've been hurt by big platform
companies like Google, or Facebook, or Amazon
to not have to have all the legal muscle improving a case.
Australia is taking on new privacy issues around Facebook,
and Google's Sidewalk Labs project in Toronto
is going to have to put all the data collected
from the smart city in a public database.
So it can be accessed not just by Google, but by other firms
and by taxpayers and citizens in Toronto themselves.
At the same time, you've got Big Tech causing market jitters.
SoftBank, over the last few days announced
its first shaky earnings.
This is a company that helped to bid up WeWork and Uber
to record valuations.
And then those companies ended up disappointing.
So in both politics and markets, we're seeing some big shifts.
And I look for these debates to push forward
into the US 2020 campaign and be a big election issue.