Stuck in trade war, tech firms pitch the promise of innovation at Davos

Tech companies are back pitching the promise of innovation, but this time, stuck in the middle of a trade war, they’re welcoming government oversight.

This was the broad consensus at the World Economic Forum in Davos, Switzerland, which was devoted this year to the theme of Globalization 4.0, an emerging world economy that’s increasingly based on the transfer of data instead of physical goods.

Global leaders and technology chieftains agreed on the need for stricter government oversight, after a year that featured privacy scandals at Facebook Inc. and a broad reckoning of the tech industry. German Chancellor Angela Merkel called for global