Apple ramped up lobbying spending in 2022, outpacing tech peers
Publishing timestamp: 2023-01-23 11:26:51
Summary
Apple increased its lobbying spend by 44% compared to 2021, but still spent far below other tech giants like Amazon and Meta. Five tech giants spent nearly $69 million lobbying the federal government in 2022, a 5% increase from 2021. Crypto and fintech companies also saw an increase in lobbying spending, with Coinbase spending $3.4 million and the Blockchain Association spending 111% more than in 2021. ByteDance, which has been in the government's crosshairs, saw only a 4% increase in spending.
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Keywords: amazon.com inc, social media, breaking news: technology, microsoft corp, intel corp, politics, mobile, technology, coinbase global inc, alphabet class a, united states, breaking news: politics, business news, meta platforms inc, micron technology inc, apple inc, new york,
Source: https://www.cnbc.com/2023/01/23/apple-ramped-up-lobbying-spending-in-2022-outpacing-tech-peers.html