Mark Warner Takes on Big Tech and Russian Spies
A former telecoms entrepreneur, the Virginia senator says that saving the industry (and democracy) might mean blowing up Big Tech as we know it.
In mid-November, as his House colleagues on Capitol Hill were consumed with questions about Ukraine and impeachment, Senator Mark Warner took to CNBC’s Squawk Box to discuss what he saw as one of the most important problems facing the country: Fitbit.
Or, more specifically, the danger of allowing Google to swallow up the personal fitness and health-monitoring gadget and its terabytes of consumer data. “The Fitbit deal needs a high, high level of scrutiny,” the Democratic senator from Virginia told anchor Andrew Ross Sorkin. “Large platform companies have not had a very good record of protecting the data or being transparent with consumers. I can’t totally blame them. If Congress doesn’t set rules of the road, asking them to self-regulate is, frankly, just not a viable option.”