We all know Lohan can serve jail time and then spend weeks defending herself in court on new charges only to walk away flashing an ankle monitoring bracelet above her five-inch heels and … drum roll … land an acting gig next to John Travolta. For LiLo, fighting the law appears to be a remunerative gold star on her resume. For tech companies like Apple, not so much.
On June 3, 2011 a University of Southern California study revealed that almost 50 percent of Americans who connect to the internet worry that “big business” is spying on them. Only 38 percent worry about the government spying on them.
Anti-business government officials are frightening consumers with ridiculous privacy claims against high-tech companies that specialize in apps, off-site storage and social networking. Time Magazine reports: “FTC chairman Jon Leibowitz has been pleased by how effective he's been at using the threat of legislation to scare companies into taking action…”
Consequently, American tech firms are spending more time lobbying and fighting legal battles and less time innovating, creating jobs and generating profits for shareholders.
Do you read the morning news on a laptop as you spoon Cap’n Crunch into your mouth? Do you send emails from a BlackBerry, iPhone or Android? Do you run an online business? If so, read my five examples of tech companies scrambling to defend their business models and reputations from government attacks. Then, decide for yourself whether big government is more trustworthy than big business.
1. Google relies primarily on ad revenue to support the plethora of free services it provides consumers. Google reported lower first quarter net income due to designating $500 million to cover legal fees for a settlement it anticipates with the Justice Department over the legality of “certain advertisers” on Google.
2. You may think Facebook founder Mark Zuckerberg is quirky with his “personal challenge” diet to only eat the meat he kills. But, you can’t deny that Zuckerberg is a job creator.
For over a year, Sen. Al Franken, Rep. Chuck Schumer and other liberal politicians have been attacking Facebook’s privacy policies and trying to control Facebook. Facebook spent $230,000 lobbying in Q1 alone and just hired two more lobbyists.