US President Joe Biden has named Lina Khan, an energetic critic of big tech, as a top federal regulator.
This comes at a time when the industry is under intense pressure from Congress and regulators.
Ms Khan, 32, was appointed chairwoman of the Federal Trade Commission on Tuesday, in an unexpected move that puts one of the most prominent advocates of aggressive antitrust enforcement against US technology companies in charge of the agency.
Born in London to Pakistani parents, Ms Khan emigrated to the US when she was 11, The New York Times reported.
Her elevation to chairwoman marks a rapid rise to the top of US antitrust enforcement.
Currently a Columbia Law School professor, Ms Khan studied law at Yale University, where in 2017, she burst on to the antitrust scene with her scholarly work, Amazon's Antitrust Paradox.
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The journal article casts the online retail company as a harmful monopoly and argues that it employs practices that should provoke a rethink of antitrust enforcement in the US.
She has also helped lay the foundation for a new way of looking at antitrust law beyond the impact of big company market dominance on consumer prices.
As counsel to a House Judiciary antitrust panel in 2019 and 2020, she played a key role in a sweeping bipartisan investigation of the market power of the tech companies.
Ms Khan now is in charge of one of two agencies responsible for policing competition in the US, the other being the Justice Department’s antitrust division.
She is believed to be the youngest chair in the history of the commission.
Ms Khan said she looked forward “to working with my colleagues to protect the public from corporate abuse".
Elizabeth Warren, a Democratic senator who has called for tech industry break-ups, said in a statement that Ms Khan would be a “fearless champion” for consumers.
“Giant tech companies deserve the growing scrutiny they are facing and consolidation is choking off competition across American industries,” Ms Warren said.
“With Chair Khan at the helm, we have a huge opportunity to make big, structural change by reviving antitrust enforcement and fighting monopolies that threaten our economy, our society and our democracy.”
As a presidential candidate, Mr Biden said dismantling the big tech companies should be considered.
He also has said he wants to see social media companies' long-held legal protections for speech on their platforms quickly limited.
The tech industry, once lionised by politicians and presidents as an engine of innovation and jobs, has seen its political fortunes eroded in recent years, with calls rising to break up the large Silicon Valley companies.
Members of Congress from both parties champion stronger oversight of the tech industry, arguing that its market power is out of control, crushing smaller competitors and endangering consumer privacy.
They say the companies hide behind a legal shield to allow false information to flourish on their social media networks or to entrench bias.
Still, Ms Khan has her detractors. When she was first mentioned as a possible candidate for the commission, Mike Lee, a Republican senator from Utah, called her views on antitrust “wildly out of step with a prudent approach to the law".
Tech-funded advocacy organisations were quick to criticise Ms Khan’s confirmation. NetChoice, whose members include Amazon and other tech companies, has accused her of “antitrust activism” that it said will politicise the commission and harm America’s economic exceptionalism.
Company%20Profile
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Killing of Qassem Suleimani
If you go
The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.
Company%20Profile
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Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Nag%20Ashwin%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EPrabhas%2C%20Saswata%20Chatterjee%2C%20Deepika%20Padukone%2C%20Amitabh%20Bachchan%2C%20Shobhana%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E%E2%98%85%E2%98%85%E2%98%85%E2%98%85%3C%2Fp%3E%0A
Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
Company%20profile
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Auron Mein Kahan Dum Tha
Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar
Director: Neeraj Pandey
Rating: 2.5/5
Saturday's schedule at the Abu Dhabi Grand Prix
GP3 race, 12:30pm
Formula 1 final practice, 2pm
Formula 1 qualifying, 5pm
Formula 2 race, 6:40pm
Performance: Sam Smith
Top Hundred overseas picks
London Spirit: Kieron Pollard, Riley Meredith
Welsh Fire: Adam Zampa, David Miller, Naseem Shah
Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott
Northern Superchargers: Dwayne Bravo, Wahab Riaz
Oval Invincibles: Sunil Narine, Rilee Rossouw
Trent Rockets: Colin Munro
Birmingham Phoenix: Matthew Wade, Kane Richardson
Southern Brave: Quinton de Kock
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
The Outsider
Stephen King, Penguin
Ticket prices
- Golden circle - Dh995
- Floor Standing - Dh495
- Lower Bowl Platinum - Dh95
- Lower Bowl premium - Dh795
- Lower Bowl Plus - Dh695
- Lower Bowl Standard- Dh595
- Upper Bowl Premium - Dh395
- Upper Bowl standard - Dh295
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Killing of Qassem Suleimani
Tips for taking the metro
- set out well ahead of time
- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines
- enter the right cabin. The train may be too busy to move between carriages once you're on
- don't carry too much luggage and tuck it under a seat to make room for fellow passengers
UAE currency: the story behind the money in your pockets