Steven Pearlstein

COMMENTARY

The Inside Story Of How Congress Failed To Rein In Big Tech

Love the products, hate the companies — that’s the way many Americans think about Big Tech. Which is why it looked like a good bet when Congress convened in 2021 that Washington might finally rein in the companies that many believe have grown too big, too rich and too powerful — even as their products and services have become ever more indispensable to our lives. Here, it seemed, was the rare issue on which both Republicans and Democrats, House and Senate, could agree. In the end, however, Congress failed to act. And in that failure is a case study of how Congress has lost its ability to address the most pressing problems facing the country.

COMMENTARY

‘No Comment’: The Death Of Business Reporting

Corporate media relations is in a sorry state these days. Even the prospect of a positive story can’t crack open the door to the executive suite. Alan Murray, who spent years at the Wall Street Journal as a reporter and editor before taking the reins at Fortune magazine, summed it up this way: “One, they don’t trust us. And, two, they don’t need us.”