by Nenita M. Eller | Jul 31, 2020 | Tech News
(Bloomberg) — A quarter that captured the height of pandemic lockdowns is making the divide between Big Tech and Big Oil more apparent than ever. Facebook Inc., Amazon.com Inc. and Apple Inc. smashed analysts’ estimates on Thursday after shoppers turned to...
by Nenita M. Eller | Jul 31, 2020 | Tech News
(Bloomberg) — The largest U.S. technology companies are thriving in a pandemic that has increased dependence on their products and services, while hammering much of the rest of the economy.Quarterly results from Apple Inc., Amazon.com Inc., Facebook Inc. and...
![Big Tech Still Winning in Economic Crisis]()
by Nenita M. Eller | Jul 31, 2020 | Tech News
Millions might have consented to stay at home this spring in the interest of social distancing, but they certainly didn’t log off. Even though economic activity fell at a heart-stopping annual rate of 32.9 percent in the second quarter, which started in April, some...
by Nenita M. Eller | Jul 31, 2020 | Tech News
(Bloomberg) — The largest U.S. technology companies are thriving in a pandemic that has increased dependence on their products and services, while hammering much of the rest of the economy.Quarterly results from Apple Inc., Amazon.com Inc., Facebook Inc. and...
by Nenita M. Eller | Jul 31, 2020 | Smartphone
(Bloomberg Opinion) — What timing. On Wednesday, the CEOs of four of the biggest U.S. technology companies downplayed the market power of their respective firms in a landmark antitrust hearing before a House subcommittee. Then just a day later, the same...
