Campaign for Accountability
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** CfA's August 13, 2021 Newsletter
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Thank you for your continued support of CfA. We're dedicated to continue working to hold the powerful accountable.
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This Week:
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* TTP Director Katie Paul Named as One of Fast Company’s Most Creative People in Business: On Tuesday, Fast Company released its 12th annual list of the Most Creative People in Business, honoring a diverse group of leaders who have left their mark on their industries and beyond. Campaign for Accountability is thrilled that Tech Transparency Project (TTP) director Katie Paul was among those selected this year for this celebrated recognition. (Press Release ([link removed]) , Fast Company Profile ([link removed]) )
+ “As the events of the last year have forced the world to become increasingly more online, it’s more important than ever that these digital spaces are protected from bad actors. We’re incredibly grateful that Fast Company recognizes the importance of this work, and we hope to be able to continue to shift the spotlight onto the many dark corners of the internet that still need to be exposed," said Paul.
* New Searchable Database Shows Which Groups Get Big Tech Funding: On Wednesday, CfA's Tech Transparency Project launched a new database designed to be a resource for citizens who wish to track the growing—and often hidden—influence of Big Tech. TTP compiled information on over 700 groups who receive funding from Big Tech and put it into a searchable database, available for all to use. (Press Release ([link removed]) , Database ([link removed]) )
+ “As Big Tech cash flows quietly to hundreds of groups, it can be difficult to keep track of those that have a financial interest in protecting Silicon Valley’s profits. With this database, we hope that any statements or actions taken by these groups in support of Big Tech will be viewed with proper context," said CfA Executive Director Michelle Kuppersmith.
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To keep these projects going, we rely on grassroots supporters like you. Every donation — no matter how small — allows us to keep the work going.
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** What We're Reading:
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* Congress’s financial conflicts go beyond Rand Paul’s wife: "What is abundantly clear is that financial conflicts are alive and well in Washington. And the cure still eludes legislators. As Walter Shaub, the former director of the U.S. Office of Government ethics, noted, there is an obvious fix: 'Members of Congress shouldn’t be allowed to buy and sell stocks.' Bloomberg Opinion’s editorial board reached the same conclusion." (Washington Post ([link removed]) , August 13)
* CEO pay at big companies rose nearly 19% last year to $24 million, report finds: "The chief executives at major U.S. corporations received millions of dollars in bonuses or raises last year even as many companies saw slumping sales and job cuts because of the pandemic, a new analysis shows. CEO compensation at the top 350 companies jumped nearly 19% in 2020 to an average $24.2 million, according to the Economic Policy Institute, a liberal-leaning think tank. By comparison, pay for rank-and-file workers last year rose roughly 4%." (CBS News ([link removed]) , August 10)
* Senators target Apple’s App Store exclusivity in new bill: "There’s a new bill introduced in the Senate Wednesday targeting the power dominant tech firms like Apple and Google have over the app store market. The bipartisan 'Open App Markets Act,' introduced by Sens. Richard Blumenthal (D-CT), Marsha Blackburn (R-TN), and Amy Klobuchar (D-MN) would ban app stores from forcing developers to use the store’s payment systems. It would also bar companies from punishing developers that offer lower prices on a separate app store or through their own payment systems, along the lines of Apple’s public dispute with Epic Games." (The Verge ([link removed]) , August 11)
** Follow Our Work:
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We thank you for your continued support. Without people like you, our work would not be possible.
Here is how you can stay involved and help us accomplish our mission:
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3. Tell your friends and colleagues ([link removed]) about CfA.
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5. Make a tax-deductible donation ([link removed]) .
Be on the lookout for more updates about our work in the upcoming weeks. Thanks again for signing up to be a part of CfA!
Sincerely,
Michelle Kuppersmith
Executive Director, Campaign for Accountability
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