Dont break up big tech regulate data access, says EU antitrust chief

Breaking up tech giants should be a measure of last resort, the European Union’s competition commissioner, Margrethe Vestager, has suggested. “To break up a company, to break up private property would be very far reaching and you would need to have a very strong case that it would produce better results for consumers in the marketplace than what you could do with more mainstream tools,” she warned this weekend, speaking in a SXSW interview with Recode’s Kara Swisher. “We’re dealing with private property. Businesses that are built and invested in and become successful because of their innovation.” Vestager has built a reputation for being feared by tech giants, thanks to a number of major (and often expensive) interventions since she …

What business leaders can learn from Jeff Bezos leaked texts

Joel Wallenstrom The ‘below the belt selfie’ media circus surrounding Jeff Bezos has made encrypted communications top of mind among nervous executive handlers. Their assumption is that a product with serious cryptography like Wickr – where I work – or Signal could have helped help Mr. Bezos and Amazon avoid this drama. I worry that moments like these will drag serious cryptography down to the level of the National Enquirer. I’m concerned that this media cycle may lead people to view privacy and cryptography as a safety net for billionaires rather than a transformative solution for data minimization and privacy. We cannot let this media cycle pass without recognizing that when corporate executives take a laissez-faire approach to digital privacy, …