Wednesday, April 29, 2026
31 C
Lagos

Google Slashes Political Lobbying to $3.8m

Google slashed spending on lobbying by 25.5 percent in the first quarter of 2016 to $3.80 million, while AT&T reported the highest lobbying outlay at $4.48 million among a group of 16 tech and communications companies monitored by Consumer Watchdog.

Google spent $5.10 million in the comparable 2015 period and AT&T’s spending was up 2.5 percent from $4.37 million in 2015, according to disclosure reports just filed with the Clerk of the House of Representatives.

Facebook, which has been increasing its Washington presence, spent $2.78 million, an increase of 13.9 percent from $2.44 million, in the comparable 2015 quarter.

Microsoft also topped $2 million in lobbying spending. It reported expenditures of $2.02 million, an increase of 6.9 percent from $1.89 million in 2015.

Lobbying spending increased 39 percent at Amazon, to $ 2.65 million from $1.91 million in the first quarter of 2015, the disclosure records show. It was the fourth straight quarter that its spending topped $2 million.

Seven of the companies spent more than $2 million on lobbying, Consumer Watchdog noted. Twelve spent more than $1 million on lobbying in the first quarter.

“It’s important to understand just how much money these companies are throwing around in Washington to buy the policies they want,” said John M. Simpson, Consumer Watchdog’s Privacy Project Director. “Policymaking is now all about big bucks, not big ideas.”

Consumer Watchdog, a nonpartisan nonprofit public interest group, monitors the lobbying disclosure reports of 16 tech and communications companies.

Half of the 16 companies increased their first quarter 2016 spending on lobbying and half decreased spending from 2015 first-quarter levels.

Here are lobbying expenditures for the first quarter of 2016 for six other tech companies:

Apple spent $1.13 million, an 8.9 percent decrease from $1.24 million.
Cisco spent $420,000, a 30 percent decrease from $600,000.
IBM spent $830,000 a 17 percent decrease from $1 million.
Intel spent $1.23 million, an increase of 5.1 percent from $1.17 million.
Oracle spent $1.72 million, an increase of 33.3 percent from $1.29 million.
Yahoo! spent $690,000, a 5.5 percent decrease from $730,000.

Here are lobbying expenses for three other communications companies in the first quarter 2016:

Sprint spent $523,041 a decrease of 28.8 percent from $734,927.
T-Mobile spent $1.80 million, an increase of 52.5 percent from $1.18 million.
Verizon spent $3.59 million, an increase of 7.2 percent $3.35 million.

Here are 2016 first quarter lobbying expenditures for two cable companies:

Comcast spent $3.72 million, a 19.5 percent decrease from $4.62 million.
Time Warner Cable spent $1.5 million, an 11.8 percent decrease from $1.7 million.

spot_img
spot_img
spot_img

Hot this week

TeamApt CEO says Financial Inclusion is Dependent on Reliable Payment Ecosystem

L-R: Mr. Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters’...

PalmPay Chief, Chika Nwosu: Embedded Finance is Key to Africa’s Digital Economy

L-R: Mr. Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters’...

CreditRegistry Seeks Fair Digital Payments to Build Trust, Inclusion, Economic Prosperity

L-R: Mr. Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters’...

Digital Encode CVO, Adewale Obadare at PAFON 3.0: Fintech Players Should Prioritise Trust over Speed to Counter Cyber Threats

L-R: Mr. Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters’...

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Topics

Ecobank Nigeria, DHL Equip Nigerian SMEs to Compete Beyond Local Markets

Participants with staff members of Ecobank and DHL at...

GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Enugu Commissioner Agbo, Others on Appointments

  The Guild of Corporate Online Publishers (GOCOP) has congratulated Mr....

 ‘We Are Promoting Adire to Support SMEs to Play in AfCFTA, Boost Tourism, Culture in Africa’ – Ecobank

  L-R: Former Managing Director, Ecobank Nigeria, Patrick Akinwuntan; Former...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

INEC: Continuous Voter Registration (CVR) Weekly Update: Quarter 2, Week 3, as at 25th October 2021.

1. Fresh Registrants: 3,733,068 2. Completed Online & Physical Registration:...

NEXIM Bank Partners Bauchi State on Non-oil Export

Mr. Bashir M. Wali, the Acting MD/CEO met with...

Adeosun: FG Committed to Infrastructure Development

The Minister of Finance, Mrs. Kemi Adeosun has told...

Ford Drivers to Get Traffic App, Waze, from April 2018

Ford yesterday announced, at Mobile World Congress, in Barcelona,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img