• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it

2

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

3

Microsoft boss Steve Ballmer publicly dismissed Chrome as a 'rounding error'—but Google’s CEO says he used the jab as fuel to win the browser-wars

1

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it

2

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

3

Microsoft boss Steve Ballmer publicly dismissed Chrome as a 'rounding error'—but Google’s CEO says he used the jab as fuel to win the browser-wars
LeadershipCEO Daily

Barnes & Noble, Canada Talks, Aston Martin IPO: CEO Daily for August 29, 2018

By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
August 29, 2018, 5:44 AM ET
Add Fortune on Google for similar content.

Good morning.

These are precarious times for the big tech companies. Even as their profits and valuations soar, their political and regulatory quandary deepens. They face growing and multi-pronged attacks for their data practices, their disruption of legacy businesses, their contributions to income inequality, and their role in politics.

On the last point, President Trump upped the pressure yesterday, sending out a tweet accusing Google of rigging news results against him. The tweet seemed to be fed by this story from Paula Bolyard in PJ Media. CNN’s Chris Cillizza countered with this piece.

As a lifelong journalist, this argument gives me heartburn. I’m partial to journalistic outlets that check their facts. And those that do have to reckon with this president’s propensity to put out factually incorrect information several times each day. By doing so, he baits and creates the very scourge he then attacks—a critical press. No surprise to me that Google algorithms surface more critical stories. And in Trump’s mind, criticism = bias. (I’m not denying the real problem of press bias here; just saying the argument has become hopelessly contorted in the age of Trump.)

But here’s the thing: Facebook, Google, Apple and Twitter can no longer maintain the pretense that they are simply neutral platforms. They determine the news that most people see. And even if editorial choices are made by algorithms, the companies can’t escape responsibility for them. Indeed, this needs to become rule one in the Age of AI. Humans remain accountable for decisions, even when made by machines. By attacking Google, Trump falls squarely in line with generations of politicians who have criticized decisions by the press.

Trump’s attack only heightens the importance of next week’s hearings, when Facebook, Google and Twitter return to Capitol Hill to talk about censorship and election interference. Twitter and Facebook have learned the lesson of last November, when they sent lower level executives to take the heat. Twitter is sending CEO Jack Dorsey. Facebook is sending COO Sheryl Sandberg. Google is trying to get by with General Counsel Kent Walker. They would be wise to step it up a notch; this is getting serious.

More news below.

Alan Murray
@alansmurray
alan.murray@fortune.com

Top News

Barnes & Noble

Demos Parneros, the former Barnes & Noble CEO who was sacked in July for unspecified violations of company policy, has sued the company for firing him without cause and "irrevocably" damaging his reputation. Parneros claims he lost his job because a deal to sell Barnes & Noble fell through, and founder Leonard Riggio then cooked up reasons to get rid of him. He also says he didn't get the severance he was due. CNN

Canada Talks

Canadian negotiators raced to Washington, D.C., yesterday, following the announcement of a new trade agreement between the U.S. and Mexico. The Trump administration has given Canada until Friday to join the new pact, which is supposed to replace NAFTA. (Why Friday? Congress needs a 90-day heads-up in order to approve the agreement, and the U.S. wants to seal the deal before Mexico's new president takes office.) "We are encouraged by the progress that the U.S. and Mexico have made, particularly on cars and labor," said Canadian Foreign Minister Chrystia Freeland. New York Times

Aston Martin IPO

James Bond's carmaker of choice, Aston Martin, is looking to float on the London Stock Exchange. This would be the first IPO by a British auto manufacturer in many years, and it would likely value the company at up to $6.4 billion. The luxury car firm is working on a variety of projects these days, from a personal submarine to an electric flying car. BBC

Clinton Emails

President Trump has claimed via Twitter that China hacked Hillary Clinton's emails, "many of which are Classified Information." He offered no evidence to support this claim. The established view of U.S. intelligence services is that Russian spies hacked top Democratic officials in the run-up to the 2016 election. "China is a staunch defender of cybersecurity. We firmly oppose and crack down on any forms of internet attacks and the stealing of secrets," said Chinese Foreign Ministry spokeswoman Hua Chunying. South China Morning Post

Around the Water Cooler

Amazon TV

Amazon is reportedly preparing to launch a free TV service called Free Dive, to compete with services such as Roku that rely on revenue from video ads. The report of the plan sent Roku's stock down 2% in after-hours trading. Fortune

Chinese Resilience

The Chinese economy is likely to pull through the country's trade war with the U.S. just fine, a Morgan Stanley analyst has claimed. The reason? The Chinese government has plenty of stimulus measures it can take in order to keep the slowing of growth to a minimum, such as tax cuts and liquidity boosts. CNBC

Musk Tweets

He can't help himself, it seems. Tesla CEO Elon Musk had another interesting day on Twitter yesterday, denying that he cried during a New York Times interview and, more worryingly, returning to an argument over his labelling of a British spelunker as a "pedo." At least he didn't make any more statements to raise eyebrows at the SEC. Bloomberg

Yahoo Privacy

If you still use the email services of Yahoo and AOL, both of which are now owned by Verizon's Oath unit, you may want to take note of the fact that the company is mining users' emails for advertising keywords—a practice that other big email services, such as Google's Gmail, have quit because of the privacy implications. Wall Street Journal

This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.

About the Authors
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon
Alan Murray
By Alan Murray
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

b
Arts & EntertainmentBarack Obama
The first 100 visitors to the Obama Presidential center got a surprise: Barack and Michelle
By Claire Savage and The Associated PressJune 20, 2026
4 hours ago
‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health
HealthHealth Care Service
‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health
By Ali Swenson, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026
4 hours ago
c
EuropeObituary
Claude Guillemot, who built Ubisoft into a gaming empire, dies at 69 in plane crash
By Angela Charlton and The Associated PressJune 20, 2026
4 hours ago
j
Arts & EntertainmentObituary
James Burrows, director who defined the American sitcom from ‘Cheers’ to ‘Friends,’ dies at 85
By Beth Harris and The Associated PressJune 20, 2026
4 hours ago
Patricia Camden is EY Studio+ Customer Experience and Loyalty Leader
CommentaryConsulting
EY: we found your biggest AI blind spot. It’s called the ‘tempo gap’
By Patricia Camden and John DuboisJune 20, 2026
9 hours ago
PHILADELPHIA, PA - OCTOBER 11: Marques Colston #12 of the New Orleans Saints stands on the field before a football game against the Philadelphia Eagles at Lincoln Financial Field on October 11, 2015 in Philadelphia, Pennsylvania.
InvestingSports
A Saints legend is selling fans a piece of professional sports for $500
By Eva RoytburgJune 20, 2026
9 hours ago

Most Popular

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeJune 19, 2026
1 day ago
Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
Success
Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
By Orianna Rosa RoyleJune 18, 2026
3 days ago
Microsoft boss Steve Ballmer publicly dismissed Chrome as a 'rounding error'—but Google’s CEO says he used the jab as fuel to win the browser-wars
Success
Microsoft boss Steve Ballmer publicly dismissed Chrome as a 'rounding error'—but Google’s CEO says he used the jab as fuel to win the browser-wars
By Preston ForeJune 17, 2026
3 days ago
The Great Recession’s missing children are finally bringing college’s financial crisis into sight. Welcome to the ‘enrollment volatility’ era
Economy
The Great Recession’s missing children are finally bringing college’s financial crisis into sight. Welcome to the ‘enrollment volatility’ era
By Tristan BoveJune 20, 2026
13 hours ago
Nvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world
Success
Nvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world
By Preston ForeJune 20, 2026
9 hours ago
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
Success
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
By Nick LichtenbergJune 17, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.