Tag Archives: Amazon

For the first time, more than half of U.S. advertising spending is set to go to digital platforms such as Google and Facebook , the world’s largest ad buyer said, a reflection of marketers’ strategy shift as the coronavirus pandemic pummeled the industry this year. The milestone is just the latest proof of digital advertising’s meteoric rise, a development that has concentrated ad spending with several tech giants at the expense of other platforms, including… Source link

The biggest U.S. tech companies are providing a jolt to the slumbering commercial real-estate business, emerging as major tenants and acquirers of office and other space while many nontech firms are trying to tear up their leases. Five of the biggest property owners in the tech industry—Amazon.com Inc., Facebook Inc., Apple Inc., Google parent Alphabet Inc. and Microsoft Corp.—together occupy around 589 million square feet of U.S. real estate, according to CoStar Group. That is… Source link

This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. My colleagues wrote about the eye-popping sales numbers coming from America’s technology superstars, including Google, Facebook and Amazon. Their sales and profits this year, in the middle of a pandemic, are truly hard to fathom. It’s so much money, you guys. But these companies also spend gobs of money, which in turn helps them make more money. The ability to spend like crazy — because Big Tech… Source link

Federal antitrust charges against Alphabet Inc.’s Google; advertiser and user boycotts of Facebook Inc.; increasing scrutiny of Apple Inc. and Amazon.com Inc. by the news media and government regulators — all in the middle of a pandemic. Yet, when Big Tech reported earnings en masse Thursday, most of the effects felt by those companies appeared to be positive: Amazon AMZN, +1.52%, Apple AAPL, +3.70%, Facebook FB,

Turn lights off when you leave and back on when you return using Google Home’s long-awaited presence sensing feature. Juan Garzon/CNET … Source link

Of the tech titans, which included the CEOs of Amazon (AMZN), Apple (AAPL), Facebook (FB) and Google (GOOGL), some fared better than others in the first hours of the hearing. Jeff Bezos, Amazon’s CEO, acknowledged, albeit earnestly and transparently, that Amazon may have improperly used third-party seller data to inform its own product decisions — a key concern over the company’s approach to competition. Apple CEO Tim Cook, on the other hand, got off pretty lightly. Despite some early… Source link

Image copyright Getty Images/EPA/Reuters Image caption Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai defended their firms The heads of some of the… Source link

Amazon CEO Jeff Bezos testifies via video before the House Judiciary antitrust subcommittee. The hearing also featured the heads of Apple, Facebook and Google. Mandel Ngan/POOL/AFP via Getty Images hide caption toggle caption … Source link

UPDATED, 3:49 PM PT: The CEOs of Google, Facebook, Apple and Amazon are testifying on Capitol Hill on Wednesday, in an unusual hearing that reflects the extent to which lawmakers have focused their scrutiny on tech platforms. Hollywood’s lobby in D.C. is mainly watching from the sidelines, even as it has a vested interest in a number of issues, but this hearing’s focus is on antitrust as a House Judiciary subcommittee continues its investigation of competition among the major… Source link