Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for success. Learn More
Google has reeled in more and more revenue over the years. Turns out it’s been spending more and more on lobbying, too — more than one might realize.
The tech giant shelled out $18.2 million for lobbying efforts in 2012, beating out all companies except one — GE — according to a report today from the Washington Post about Google’s increasing influence in the nation’s capital. That’s a remarkably large amount, considering that in 2003, the company had spent just $101,000 on lobbying.
In 2012, Google laid out $885,000 in federal campaign contributions. It didn’t allocate a single dollar for that purpose as recently as 2004, according to the Post’s numbers.
It’s not surprising to see Google become an increasingly prominent player in Washington, just as it has grown into a technology powerhouse in the past decade and a half and entered one market after another. Even so, the company’s reach is surprisingly extensive.
Join us in San Francisco on July 11-12, where top executives will share how they have integrated and optimized AI investments for success and avoided common pitfalls.
Google acknowledges that its NetPAC political-action committee has donated to funds for Democrats like Sen. Barbara Boxer, Republicans like Rep. Greg Walden, and at least one independent.
Google has won backing from conservative groups like the Heritage Foundation, despite executive chairman Eric Schmidt’s connection with President Obama. It has received favorable treatment at academic events after sinking money into programs like George Mason University’s Law & Economics Center. And it happens to have funded a group seeking to change federal policy on search warrants, even though that group, Digital 4th, doesn’t disclose that financial support.
At times Google has employed unconventional tactics. For example, it gave $480,000 worth of Google AdWords online-advertising credits to the Cato Institute, a libertarian think tank, the Post reported.
Such expenditures might not appear as necessary as the gigantic data centers that services like Google Drive, Google Compute Engine, and good old Google search depend on. But given Google’s rising lobbying spend, it seems that influence on regulation and political figureheads is increasingly a raw material Google needs to keep ticking.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.