You will be redirected back to your article in seconds

Elizabeth Warren Stokes War With ‘Tech Monopolists’ at SXSW: ‘Less Profit? Boo Hoo’

After a bold pledge to “break up” and regulate monolithic tech companies like Google and Facebook, Sen. Elizabeth Warren came to, uh, the country’s preeminent tech conference to state her case.

Appearing in conversation at SXSW on Saturday, the presidential hopeful was immediately asked to address a regulatory proposal she floated at a rally the night before in New York — one that would seek to undo massive mergers and introduce legislation that would prohibit marketplace owners from developing product to sell on their own platforms.

“The whole idea behind this is actually for people who are tech entrepreneurs,” Warren told moderator and Time magazine contributor Anand Giridharadas. The latter asked any members in the audience at the Austin City Limits Moody Theater who worked for big tech to stand, so Warren could address them directly.

She laid out her argument with an analogy about a user buying a coffeemaker via Amazon.

“Amazon has a platform to sell you a coffee maker, but that company also sucks out an incredible amount of information about every buyer and seller. Then they can make a decision to go start a competing coffee making-selling outfit, and drive out of business everyone else in that space,” Warren said.

Warren emphasized the important of preserving the integrity of the fledgling entrepreneur and small business owners. Giridharadas argued that this would cripple moguls like Amazon CEO Jeff Bezos.

“This only affects tech monopolists. Less monopoly profits? Boo hoo,” she said.

The wide-ranging chat hit several other pressure points, like Giridharadas raising a rumor that Warren’s colleague Bernie Sanders contacted her prior to her campaign announcement and asked her to forgo a run in deference to the democratic party.

“Bernie and I had a private dinner and my view is that dinner stays private,” Warren said.

There was some levity, on brand with the edgy Austin-based festival. A lightning round of questions revealed some fun facts about Warren, such as:

She reads two books a week, mostly audiobooks, and not all high-art (the “Victor the Assassin” book series is a favorite).

Her luxury splurge is high end moisturizer.

Her favorite drink is Michelob Ultra, “the club soda of beers.”

Her favorite binge TV was “The Wire.” Her favorite character was Omar.

Warren formally announced her candidacy in early February, following months of speculation about the wide field of democrats who will take on President Trump in 2020.


More Film

  • Backstage in Puglia del film SPACCAPIETRE:

    'Gomorrah' Star Salvatore Esposito Set For De Serio Twins' 'The Stonebreaker'

    Salvatore Esposito, the Italian star who plays young mob boss Genny Savastano in Italy’s hit TV series “Gomorrah,” will soon be hitting the big screen toplining upcoming drama “The Stonebreaker” by twin directorial duo Gianluca and Massimiliano De Serio, who are known internationally for “Seven Acts of Mercy.” The De Serio twins are now in post on “Stonebreaker” [...]

  • Angelina Jolie is Maleficent in Disney’s

    Box Office: 'Maleficent: Mistress of Evil' Tops 'Joker,' 'Zombieland'

    “Maleficent: Mistress of Evil” is on track to give Disney another first place finish after scoring $12.5 million in Friday’s domestic ticket sales. If estimates hold, the Angelina Jolie-led film should finish the weekend with about $38 million — well below earlier forecasts but enough to top holdover “Joker” and fellow newcomer “Zombieland: Double Tap.” [...]

  • Maelle Arnaud

    Lumière Chief Programmer Maelle Arnaud: 'Film History Doesn't Have Parity'

    LYON, France   — As the Lumière Institute’s head programmer since 2001, Maelle Arnaud helped launched the Lumière Festival in 2009 and has watched it grow in international esteem over the decade that followed. This year, the festival ran 190 films across 424 screenings in theaters all over town. The festival will come to a [...]

  • Girl with Green Eyes

    Talking Pictures TV: Bringing the Past Back to Life in the U.K.

    LYON, France – Since its launch in 2015, Talking Pictures TV has become the fastest-growing independent channel in the U.K. with a growing library of British film and TV titles that span five decades, according to founder Noel Cronin. Noel Cronin attended the Lumière Festival’s International Classic Film Market (MIFC) in Lyon, France, where he [...]

  • Wings of Desire

    German Heritage Sector Applauds Increased Digitization, Preservation Funding

    LYON, France  — Germany’s film heritage sector is celebrating a new federal and state-funded initiative launching in January that will provide €10 million ($11.15 million) a year towards the digitization and preservation of feature films. Rainer Rother, the artistic director of the Deutsche Kinemathek, outlined the plan at a panel discussion at the Lumière Festival’s [...]

  • 'QT8: Quentin Tarantino, The First Eight'

    Film Review: 'QT8: Quentin Tarantino, The First Eight'

    In one of the intermittent revealing moments in “QT8: Quentin Tarantino, The First Eight,” a documentary about the films of Quentin Tarantino that’s like a familiar but tasty sundae for Quentin fans, we see Tarantino on the set of “Pulp Fiction,” shooting the iconic dance contest at Jack Rabbit Slim’s. As John Travolta and Uma [...]

  • Zombieland Double Tap

    Why Emma Stone Was Haunted by Fear of Vomiting While Shooting 'Zombieland: Double Tap'

    SPOILER ALERT: The following story contains a slight spoiler for “Zombieland: Double Tap.” The zombie slayers are back! Ten years after Emma Stone, Woody Harrelson, Jesse Eisenberg and Abigail Breslin first killed dead people walking in “Zombieland,” they’ve reunited for “Zombieland: Double Tap.” “You take stock of your life a little bit,” Stone says of [...]

More From Our Brands

Access exclusive content