Business
Lobbying: Big tech increasingly put pressure on governments — Uber is just the latest example

Lobbying: Big tech increasingly put pressure on governments — Uber is just the latest example

A recently-leaked trove of documents revealing Uber’s secretive lobbying tactics, including texts to Macron and meetings with Biden, illuminated a particularly murky area in which the worlds of big tech and policy-making convene.

Tip of the iceberg?

Lobbying firms, and companies who have in-house lobbying efforts, have to disclose in good faith an estimate of how much was spent on lobbying the US government.

That data has been collated by OpenSecrets.org, and it reveals just how much big tech are spending on trying to influence policy — some $70m last year among the selected companies in the chart above. That data is helpful context, but the measurement clearly isn't perfect or exhaustive, as the Uber leak shows. The documents contained evidence that Uber paid academics to publish helpful research and met with numerous world leaders, neither of which likely show up in the lobbying spend data.

Your big tech legislation is _ years away

Big tech is sensible to try and tip the balance of policy in their favor as legislators continue to put tech firmly in their sights. Two antitrust bills that aim to regulate the firms’ immense gatekeeping powers and their tendency to push their own adjacent products to consumers, for example, are currently winding their way through the legislative system.

Although we often bucket them all together, the issues facing big tech are often wildly different. Amazon and Uber might be more concerned about labor reform, Meta about privacy and data collection, while Alphabet, Microsoft and Apple have been criticized for anticompetitive practices.

More Business

See all Business
business

Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.