Stocks cling to gains ahead of BIg Tech, Fed; BA, GM rally after earnings
Stock futures were slightly higher at the start of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate…
Google’s Search Dominance Deserves Hot-Seat Scrutiny
(Bloomberg Opinion) — The main event has arrived. On Wednesday, and for the first time as a group, the CEOs of four of the biggest technology companies — Amazon.com Inc., Apple Inc. and Facebook Inc. and Google parent Alphabet Inc. — will go…
4 tech CEOs walk into Congress…
The prospect of Wednesday’s big tech antitrust hearing, during which Facebook’s Mark Zuckerberg, Apple’s Tim Cook, Sundar Pichai of Google’s parent corporation, and, of course, Amazon’s Jeff Bezos will all be testifying on…
Google in Talks to Take Over More Search Tasks on Samsung Phones
(Bloomberg) — Alphabet Inc.’s Google and Samsung Electronics Co. are negotiating a major deal that would give Google products more prominence on the South Korean company’s smartphones, according to correspondence viewed by Bloomberg News. The talks…
What to expect when tech’s tycoons come to Washington
Sundar Pichai, Tim Cook, Jeff Bezos and Mark Zuckerberg On Wednesday, the chief executives of Amazon, Apple, Facebook and Google face an unprecedented joint hearing in Washington as their companies face growing concerns about their size and power. Jeff…
Arm Accuses China Venture Ex-CEO of Blocking its Business
(Bloomberg) — Arm Ltd., the chip designer owned by SoftBank Group Corp., accused the ousted head of its China joint venture of hurting its business there, escalating a dispute that’s becoming a test of Beijing’s willingness to protect foreign…
Isle of Wight to stage brand new road racing festival next year as Diamond Races is launched
The Isle of Wight will stage a four-day road racing festival at the end of next season, with the new Diamond Races set to follow in the footsteps of the Isle of Man TT. Set on a 12.4 mile course that runs through the villages of Chale, Kingston, Shorwell…
Biased Big Tech algorithms limit our lives and choices. Stop the online discrimination.
The leaders of Amazon, Apple, Facebook, and Google have some serious explaining to do about bias and discrimination when they appear Wednesday at an antitrust hearing before the House Judiciary Committee. The abuse of trust by the platform-based…
Government buys another 60m doses of potential vaccine
Vaccine deal sees Government buy another 60m doses for UK from GSK and Sanofi – Hans Pennink/AP Coronavirus Article Bar with counter .. The Government has signed a deal with pharmaceutical giants GlaxoSmithKline (GSK) and Sanofi Pasteur for 60…
Heathrow boss calls for airport tests to rescue summer tourism season
Cartoonist Blower’s take on the Government’s coronavirus response If you want to receive twice-daily briefings like this by email, sign up to the Front Page newsletter here . For two-minute audio updates, try The Briefing – on podcasts,…