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What the tech antitrust hearing did and did not prove

Nicholas Thompson, editor-in-chief of WIRED, discusses technology industry news today:


What happened at the antitrust hearings this week?

Well, CEOs of Apple, Amazon, Google, Facebook testified in front of the Subcommittee in Antitrust of the House Judiciary Committee for five hours. There's a fair amount of nonsense and conspiracy talk, but mostly it was a pretty good hearing where the House members dug into questions about whether four companies abused their market positions to their advantage? Whether they used predatory pricing to drive competitors out of the market? Whether they used inside information from their services to identify and then copy and kill competitors? And the evidence that was presented, if I were to sum it up quickly, is, yes, they did do that. They did abuse their market power. But what wasn't presented was clear evidence of consumer harm. We know they acted in ways that distorted capitalism, but were people really hurt? That's a big question. I look forward to their report.

Twitter bans QAnon; CRISPR gene tech

Nicholas Thompson, Editor-in-chief of WIRED, provides his perspective on technology news:

Twitter has said it will knockout QAnon. How will that work out?

QAnon is a strange, mysterious, far-right conspiracy theory. Twitter removing it will actually make a difference. It's very easy to say, "oh, we'll just migrate to Facebook or elsewhere," and that is partly true, but Twitter is a central node in how the conspiracy theory is spread. Remove it, and it will spread more slowly.

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Twitter hack mystery; does two-factor authentication make you safe?

Nicholas Thompson, editor-in-chief of WIRED, helps us make sense of today's stories in technology:

Whoa Twitter! What happened this week?

Well, on Wednesday, a whole bunch of prominent Twitter accounts, Jeff Bezos, Bill Gates, Elon Musk, Apple, started tweeting out a Bitcoin scam. The same one. It said, "send money to this address and we'll send you back twice as much." Clearly a fraud. But what was interesting about it is that it wasn't like one account that had been compromised. A whole bunch of accounts have been compromised. Meaning most likely someone got access to a control panel at Twitter. The big mystery is how they got access to it? And why, if they had so much power, all they did was run a stupid Bitcoin scam?

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Preventing a DDoS attack; brick and mortars no more

Nicholas Thompson, editor-in-chief of WIRED, discusses technology industry news today:

What is a DDoS attack and how can they be prevented?

That's a digital denial of service attack. Somebody uses malware to infect a bunch of computers or Internet of Things devices and sends lots of traffic at a server trying to knock the server offline. What can you do if you own the server? Buy more space, become part of a large operation like AWS that can offer you expanded space during the time of an attack, and build good filtering and blocking software.

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