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VOICE ARCHIVE

Robert Reich

@rbreich
49 posts
2025-12-12
And who stands to gain from pushing AI?  —  The owner of Time, billionaire Marc Benioff.  —  When billionaires take control of media, it's not a win for free speech.  It's a win for oligarchy.  —  time.com/7339685/pers...
2025-12-12 View on X
Time

Time names “the Architects of AI” as its 2025 Person of the Year and examines AI's effect on the economy, geopolitics, and how people interact with the world

😂  —  Karma for rigging a war map, or making money on bets with insider knowledge.  —  An upside of Time's dumb 2025 choice, I suppose. Scott Horton / @robertscotthorton : The arro...

2025-12-10
New research found that Instacart is charging shoppers different prices — despite ordering the same items from the same store at the same time.  —  The price differences could amount to an extra $1,200 a year for the average household of four.  —  Corporate greed is out of control.
2025-12-10 View on X
New York Times

Study: 193 Instacart users across four US cities saw different prices for the same items from the same store at the same time; Instacart says it's running tests

The findings are the latest example of how the notion of a single price is breaking down in the digital age, a trend economists say could be pushing up some prices.

2025-10-24
Trump has pardoned billionaire crypto mogul and Binance founder Changpeng Zhao — who pled guilty to money laundering charges. This comes after Zhao helped boost the Trump family's crypto business. It's just the latest example of Trump's Pay-to-Pardon Scheme. [video]
2025-10-24 View on X
Wall Street Journal

President Trump pardons convicted Binance founder Changpeng Zhao, following months of efforts by Zhao to boost the Trump family's World Liberty Financial

reporting no longer grounded in truth. The facts are clear and stated as follows: 👇 @acyn : Collins: Can you explain why you chose to pardon the founder of Binance and did it have ...

Trump has pardoned billionaire crypto mogul and Binance founder Changpeng Zhao — who pled guilty to money laundering charges. This comes after Zhao helped boost the Trump family's crypto business. It's just the latest example of Trump's Pay-to-Pardon Scheme. [video]
2025-10-24 View on X
Bloomberg

Trump's pardon of CZ is a gift to the crypto industry, which has spent heavily to ease regulations and rewrite history to remove associations with criminality

The move by Trump comes as his family works to profit from coins.

2025-06-18
Why are some Democratic senators backing the GENIUS Act, which would turbo-charge Trump's crypto corruption? Follow the money: most have received major financial support from the crypto industry or are scared of crossing it. We must get Big Money out of politics.
2025-06-18 View on X
CNBC

The US Senate passes the GENIUS Act, which establishes the first federal regulatory framework for dollar-pegged stablecoins; the bill now heads to the House

The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails …

2025-04-09
Trump says tariffs will help US workers, but he may actually be putting them out of a job. Not only do tariffs make it harder for American companies to source products, but retaliation from our trading partners will shrink export markets. In a trade war, there are no winners.
2025-04-09 View on X
CNN

The White House says that tariffs on China are set to rise to 104% at 12:01am ET on April 9 after China missed Trump's deadline to remove its reciprocal tariffs

President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday …

2025-03-08
Trump is holding a crypto summit today to promote a “national crypto reserve,” which would likely enrich himself and his crypto industry donors. Who will get left holding the bag for the largest Ponzi scheme in history? American taxpayers.
2025-03-08 View on X
New York Times

The White House hosted its first Crypto Summit, bringing together top crypto executives, including Coinbase CEO Brian Armstrong and Tyler and Cameron Winklevoss

The first-of-its-kind event at the White House with top crypto executives showcased the president's embrace of the once-renegade industry.

2024-08-25
The six largest corporate landlords made $300M in increased profits in Q1 thanks to higher rents. All six have been sued for their use of RealPage, a software that allegedly allows them to fix rent prices. The Biden-Harris DOJ has now sued RealPage over the scheme. This is big.
2024-08-25 View on X
Bloomberg

The US DOJ sues RealPage, alleging its software helps property managers collude to drive up rental prices on millions of units, violating antitrust law

- Prosecutors allege software drives up prices on rental units  — Company says rent software uses anonymous, aggregated data

RealPage, which was sued by the DOJ today, allegedly allows corporate landlords to collude to jack up rents via an algorithmic price-setting software. It's just one of many examples of corporations using shady techniques to keep prices high while they rake in record profits. [video]
2024-08-25 View on X
Bloomberg

The US DOJ sues RealPage, alleging its software helps property managers collude to drive up rental prices on millions of units, violating antitrust law

- Prosecutors allege software drives up prices on rental units  — Company says rent software uses anonymous, aggregated data

2024-08-15
My honest review of this new FTC rule: It's excellent. 5 stars.
2024-08-15 View on X
Engadget

The US FTC announces a final rule banning the sale of fake reviews and testimonials, including AI-generated ones, with fines as high as $50K per violation

The new rules prohibit the selling of fake and AI-generated reviews and testimonials in several forms.

2024-07-04
A Trump-appointed judge just halted the FTC's ban on noncompete clauses. One of the plaintiffs suing to reverse the ban is a Trump tax adviser. Of course Trump's fingerprints are all over a court ruling that will hurt working people. [video]
2024-07-04 View on X
NPR

A federal court in Texas temporarily blocks the US government's ban on noncompete agreements set to take effect on September 4, and plans to rule on August 30

A federal court in Texas has partially blocked the government's ban on noncompete agreements that was set to take effect September 4.

2024-05-24
Amazon squeezed sellers and jacked up prices. Apple used its power to kill off challengers. Ticketmaster/Live Nation leveraged its dominance to jack up ticket costs and tack on massive fees. Each company is facing an antitrust lawsuit from the Biden admin. This is a big deal.
2024-05-24 View on X
CNBC

US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints

Here's a Detailed Look at the 124-Page Filing Alexander Mallin / ABC News : Justice Department and 30 states seek breakup of Live Nation-Ticketmaster through major antitrust suit B...

Live Nation/Ticketmaster is a monopoly, which is why it can get away with providing awful service, charging exorbitant prices, and tacking on fees as high as 75% of the ticket price. The DoJ will announce an antitrust lawsuit against the company this week. This is a big deal.
2024-05-24 View on X
CNBC

US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints

Here's a Detailed Look at the 124-Page Filing Alexander Mallin / ABC News : Justice Department and 30 states seek breakup of Live Nation-Ticketmaster through major antitrust suit B...

2024-04-28
IRS funding is a good thing because it helps the agency go after rich tax cheats. But it also helps the agency better serve taxpayers who actually pay what they owe.
2024-04-28 View on X
Washington Post

The US IRS says it spent $10.5M to develop and $2.4M to run its free tax filing website, used by 140K+ taxpayers in 12 states, and claims high user satisfaction

without paying junk fees. Matthew Yglesias / @mattyglesias : A small but important thing to make the government work better and improve people's lives @jason : ummm... that actuall...

2024-04-26
So far this week... The FTC banned the use of noncompete clauses. The DOL strengthened overtime rules. The FCC restored #NetNeutrality. The DOT expanded protections for airline passengers. This is what it looks like when the government works on behalf of the people.
2024-04-26 View on X
New York Times

The FCC votes 3-2 to reinstate the US' net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet

Oh right, there wasn't one.  Telecomms are fuming about the restoration of rules that prevent them from gouging their customers.  Us. … Chuck Darwin / @cdarwin@c.im : FCC votes to ...

The FCC just voted to restore #NetNeutrality. This is a huge victory in the fight for an open internet. Watch this @InequalityMedia video we made way back in 2017 to learn more about why today's vote is such a big deal. [video]
2024-04-26 View on X
New York Times

The FCC votes 3-2 to reinstate the US' net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet

Oh right, there wasn't one.  Telecomms are fuming about the restoration of rules that prevent them from gouging their customers.  Us. … Chuck Darwin / @cdarwin@c.im : FCC votes to ...

2024-03-14
Why did Trump flipflop on TikTok?  He was the one who first wanted to ban it.  But after meeting with a billionaire investor in the company, Trump is suddenly pro-TikTok.  Whatever you think of TikTok, this is why we need to know where Trump's getting the $ to pay his debts.
2024-03-14 View on X
Washington Post

The US House passes a bipartisan TikTok bill that forces a sale or ban of the app; the legislation faces an uncertain Senate path without a companion measure

Why did Trump flipflop on TikTok?  He was the one who first wanted to ban it.  But after meeting with a billionaire investor in the company, Trump is suddenly pro-TikTok.  Whatever you think of TikTok, this is why we need to know where Trump's getting the $ to pay his debts.
2024-03-14 View on X
Bloomberg

Memo: TikTok is “disappointed” that the US House passed the TikTok divestment bill, and reiterates its plans to lobby the Senate not to pass the legislation

TikTok told employees the company isn't planning to change its approach to protecting user data even after US lawmakers passed …

2023-11-03
Amazon allegedly used a secret algorithm codenamed “Project Nessie” to test how much it could artificially jack up prices. It reportedly helped the company overcharge customers by $1 BILLION and led competitors to raise prices as well. So much for all of those “prime” deals.
2023-11-03 View on X
Bloomberg

The FTC says Jeff Bezos ordered Amazon executives to accept more junk ads to boost profits; Amazon used disappearing Signal chats from June 2019 to early 2022

- FTC releases less redacted antitrust complaint against Amazon  — Amazon counters that the FTC is ‘wrong on facts and the law’

Amazon allegedly used a secret algorithm codenamed “Project Nessie” to test how much it could artificially jack up prices. It reportedly helped the company overcharge customers by $1 BILLION and led competitors to raise prices as well. So much for all of those “prime” deals.
2023-11-03 View on X
TechCrunch

The FTC's lawsuit reveals that Amazon made $1.4B via Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed