Big Tech House Hearing Reveals Mark Zuckerberg Emails About Facebook’s Instagram Acquisition
Facebook’s $1 billion deal to buy Instagram in April 2012 became a focal point of the House Antitrust Subcommittee’s wide-ranging antitrust hearing Wednesday with four major tech company CEOs. The committee disclosed emails from Mark Zuckerberg revealing…
Everything that happened at the Big Tech anti-trust virtual hearing
Everything that happened at the Big Tech anti-trust virtual hearing There was yelling. There was butt-kissing. There was Jeff Bezos forgetting to take himself off mute. Another congressional hearing where members of congress get to blast tech CEOs with…
U.S. lawmakers accuse Big Tech of crushing rivals to boost profits
By Nandita Bose and Diane Bartz WASHINGTON (Reuters) – Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of…
Big Tech Goes to Capitol Hill; Plus Q2 from BA, GE, SPOT & More
Wednesday, July 29, 2020 Another big day in the nation’s capital is expected today. Aside from further rumination of pandemic relief from Congress, we will see top tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Apple’s Tim Cook and…
Stocks cling to gains as Big Tech comes to DC; Kodak skyrockets
Stocks 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 earnings…
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…
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…
Stock futures open higher ahead of Big Tech hearing, Fed meeting
Stock futures opened higher Tuesday evening ahead 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…
Lawmakers keen to break up ‘big tech’ like Amazon and Google need to realize the world has changed a lot since Microsoft and Standard Oil
House lawmakers are grilling the four CEOs on July 29. AP Photo Big tech is back in the spotlight. The chief executives of Amazon, Apple, Facebook and Google are testifying before Congress on July 29 to defend their market dominance from accusations…
Big Tech has no friends in Washington anymore
Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. QUOTE OF THE DAY “The CEOs don’t want to be testifying. Even having this collective hearing creates a sense of quasi-guilt just because of who else has gotten…