Congress grilled the CEOs of Amazon, Apple, Facebook and Google. Here are the big takeaways
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
Read More »Apple, Amazon, Facebook, Google face claims of ‘harmful’ power
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
Read More »Heads Of Amazon, Apple, Facebook, Google Testify On Big Tech’s Power : NPR
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
Read More »Google, Amazon, Apple And Facebook In Hottest At Antitrust Hearing – Deadline
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
Read More »Antitrust hearing with CEOs of Facebook, Amazon, Google, and Apple rescheduled to Wednesday
A congressional hearing with the chief executives of Facebook, Google, Amazon, and Apple has been rescheduled for noon Eastern time on Wednesday. Originally scheduled for Monday, the hearing was bumped back a few days to allow members of Congress to pay respects to the late Rep. John Lewis, who died July 17th. Lewis will lie in state at the US Capitol next week. The House Judiciary Committee hearing with Mark Zuckerberg, Jeff Bezos, Tim Cook, and Sundar Pichai will focus on the various… Source link
Read More »Amazon, Google and Wish remove neo-Nazi products
Amazon, Google and Wish have removed neo-Nazi and white-supremacist products being sold on their platforms following an investigation by BBC Click. White-supremacist flags, neo-Nazi books and Ku Klux Klan merchandise were all available for sale. Algorithms on Amazon and Wish also recommended other white-supremacist items. All three companies told the BBC… Source link
Read More »Google ramps up competition against Amazon, drops e-commerce commission fees
Retail expert Erin Sykes discusses how retailers are adapting for consumers during the coronavirus outbreak, including texting their customers and rolling out small footprint stores. Google has been making a steady effort to transform its e-commerce platform into an Amazon competitor. The tech giant has been trying to recruit more sellers to Google Shopping since it offered free item listings on the e-commerce platform and Google Search in April and eliminated commission fees for… Source link
Read More »Google, Facebook, Amazon, Apple hearing faces delay
Image copyright Getty Images Image caption The meeting was due to examine whether the four firms were too powerful A showdown between the US government and the four big tech giants – Amazon,… Source link
Read More »Google Just Upped Its E-Commerce Game To Attract More Sellers. It’s Still Not Enough To Compete With Amazon.
Google Shopping is sweetening deals to attract more sellers to its Buy On Google platform in another … [+] swipe at Amazon. (Photo by Tomohiro Ohsumi/Getty Images) Getty Images As the coronavirus has sent more shoppers online, Google GOOGL , after several failed attempts in the past, is again trying to own a growing share of the e-commerce market. The question is, will it work this time? Google said Thursday it will drop commission fees for… Source link
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