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Tech Pours Millions Into Lobbying While Pressure Mounts in Washington

Technology companies including Facebook Inc. and Amazon.com Inc. spent greater than $10 million on federal lobbying in the third quarter, as Washington ratcheted up pressure on issues ranging from child sex-trafficking to Russia’s alleged meddling in the 2016 election.

Amazon spent $3.41 million — its biggest quarter in at least nine decades — on tax policy, cloud computing and security, and others, according to lobbying disclosures submitted Friday for the 3 months ending Sept. 30. Facebook spent $2.85 million, while Alphabet Inc.’s Google paid out $4.17 million. Twitter Inc. spent $120,000.

Some Silicon Valley businesses are facing fresh evaluation over how Russian state performers used social networks and internet platforms to intervene from the 2016 U.S. presidential election. Facebook, Twitter and Google will send their best attorneys to Washington to testify before congressional committees on Nov. 1.  On Thursday, three senators also introduced a brand new plan to impose new disclosure requirements for political advertisements on the internet.  

For Google, the concerns about advertising come as it tries to maintain #x 2019, online platforms &; liability protections under a 1996 law and responds to antitrust charges. A Senate bill aimed at stopping online gender trafficking has drawn opposition from Google, Facebook and other online companies since it weakens those protections.

On Wednesday, Alphabet said it hired a lobbying firm like effort and its drone application because of its X subsidiary, the house of ambitious projects. During the quarter, X spent $20,000 with lobbying company Kountoupes Denham Carr & Reid LLC, a filing that was later said. The company, which also signifies Intel Corp., will concentrate on “situational evaluation of policies pertinent to X,” and work in the domains of science, technology and aviation, the filing said.

Qualcomm Inc. spent $2.2 million from the third quarter, up from $1.29 million a year earlier, according to its disclosure on Friday. The chipmaker said it lobbied the office of Vice President Mike Pence and the White House on topics including antitrust matters and intellectual property. The business has been struck by antitrust fines and investigations from several governments around the globe.

    Read more: http://www.bloomberg.com/

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