What is a platform utility?

April 20, 2021 Admin

Table of Contents

What is a platform utility?

Warren’s plan envisions a new category of company called a “platform utility.” This would include companies “that offer to the public an online marketplace, an exchange, or a platform for connecting third parties.” That includes, of course, Facebook, Google, and Amazon.

What are the different platforms?

The following are common types of technology platform.

Operating Systems. Operating systems provide the basic services required to use hardware.
Computing Platforms.
Database Platforms.
Storage Platforms.
Application Platforms.
Mobile Platforms.
Web Platforms.
Content Management Systems.

Is it considered utility?

In Accounting, the Utility Expenses are generally Electricity, Water/Sewer, Natural Gas, Garbage, and Oil if used for Heating. Telephone Services are not usually considered a Utility Expense and are posted to a separate GL Account. Internet Services are generally considered the same as the Telephone.

Is Facebook a monopoly?

According to the FTC’s complaint, Facebook is the world’s dominant personal social networking service and has monopoly power in a market for personal social networking services. Last year alone, Facebook generated revenues of more than $70 billion and profits of more than $18.5 billion.

How do social media platforms serve a public role?

Social media gives public relations professionals immediate access to a large, attentive audience. To make announcements – Word travels fast on Twitter, so public relations professionals often use the platform to announce awards, product launches, and company updates.

Is social media a good form of communication?

Social networks and other online media are great tools for engagement and two-way communication, but given the nature of this two-way, real-time communication, there is the potential for significant risks associated with inappropriate use.

How does government use social media?

There are many key benefits that social media in government can achieve—including social’s role in awareness building and during times of crisis. On social, people can engage in direct dialogue with politicians, civic officials, and even entire government agencies. It also gives them a chance to engage back.