DEDHAM, Massachusetts — Candidate for U.S. Congress Brianna Wu announced strong support for the plan proposed by Senator Elizabeth Warren to regulate large tech companies. Wu is running for the 8th Congressional District in Massachusetts and is widely recognized as a national political leader on technology issues.
“This is a smart, ambitious plan,” said Ms. Wu. “And it will create competition in the tech industry. Our field is best when we are forced to innovate.”
Warren’s plan includes a proposal to force Facebook to sell Instagram and What’s App — a move reminiscent of the anti-trust action against Microsoft in the late 1990s. Wu says this is the most important part of Senator Warren’s plan.
“Facebook buys all competition in sight,” said Wu. “And even though most consumers are disgusted with the way they behave, they have no place to turn. The is anti-competitive, and ultimately stifles competition.” Wu added that Oculus, a leading virtual reality technology, should be added to the list.
The proposed legislation also places limits on the ability of large tech companies to collect private information about users and sell it. “Right now, the financial incentives are to gather every piece of information they can,” said Wu. “It’s the reason most Americans no longer have privacy. This plan will put consumers back in control of their digital lives.”
Wu wants to expand Warren’s Proposal and create liability for companies that are grossly negligent in how they treat cybersecurity. “Big tech won’t take cybersecurity seriously until it’s more expensive to do it wrong than to do it right. Under my plan, companies will be indemnified against legal action for breaches if they follow Infosec best practices. But if they don’t, as was the case with Equifax, they should expect to answer to their users in court.”
Wu added that Warren’s plan is a great start. “I don’t agree with everything in this plan, but it is a strong first step. When I am serving in the United States Congress, this bill will have strong support in my office.”
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