“Both Google and Facebook currently spend large amounts of money on political lobbying,” The Beeb reports. “Lobbying is a big industry in the US, with an estimated $3.3bn spent trying to influence lawmakers last year. According to the Center for Responsive Politics, Google has spent $5.4m (£3.4m) on lobbying so far in 2012. In the same time frame Facebook spent $650,000.”
The Beeb reports, “The group would ‘educate’ lawmakers about the internet, said new president Michael Beckerman… The full list of companies joining the group and the issues they would focus on would be announced in September, he added. The issues net firms lobby on range from immigration reform – to make it easier to hire foreign engineers – [to] taxes, privacy and cybersecurity.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "buddabob" for the heads up.]