"Capitalism without competition is not capitalism; it is exploitation"
In brief: President Joe Biden gave the State of the Union address yesterday, setting his sights on some of tech companies' worst practices: excessive data collection, ads that target children, and monopolistic corporations that engage in anti-competitive behavior.
Why it matters: The US government is once again meeting with global partners to try and develop an effective strategy to fight (and win) the war against ransomware. Tech companies like Microsoft are joining as well, bringing their valuable, first-hand expertise to the table.