TikTok, Etsy, Google Cloud, Plastiq, Paypal, The Five Events Of The Week

- Etsy's CEO believes the California bill would hurt small businesses.
Last week, Josh Silverman - the CEO of Etsy - made it clear that he believes California's proposed new bill would benefit Amazon while hurting small business operations. Under the proposed law, online retailers would be held liable for damages in the same way as retailers who operate in brick and mortar locations. The bill would ensure that more than 3 million sellers on Etsy - most of whom are one-person or female-owned businesses - acquire and manage responsibilities that they likely could not afford.