Topline Tech CEOs Mark Zuckerberg, Sundar Pichai and Jack Dorsey will soon have to answer to lawmakers about the rise of misinformation on their platforms and how they plan to address it, as the House Energy and Commerce Committee announced Thursday a hearing with the Facebook, Google and Twitter leaders will take place on March 25. Facebook CEO Mark Zuckerberg speaks during a House hearing on July 29, 2020. (Photo by Mandel … [+] Ngan-Pool/Getty Images) … Source link
Read More »Facebook, Google, Twitter CEOs to testify before Congress in March
Combination of Mark Zuckerberg, CEO of Facebook, Jack Dorsey, CEO of Twitter and Sundar Pichai, CEO of Google. Reuters The CEOs of several big tech companies will again testify before Congress next month, this time to discuss misinformation on their platforms. Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai and Twitter CEO Jack Dorsey will appear before members of the House Energy and Commerce Committee on March 25. In a statement announcing the new hearing, House E&C Committee leaders… Source link
Read More »Facebook, Google and Twitter CEOs testifying again before Congress next month
The House committee’s Democratic leaders singled out bogus claims of election fraud in their statement announcing next month’s hearing, but also pointed to broader concerns about misinformation. “Whether it be falsehoods about the COVID-19 vaccine or debunked claims of election fraud, these online platforms have allowed misinformation to spread, intensifying national crises with real-life, grim consequences for public health and safety,” Energy and Commerce Chair Frank Pallone… Source link
Read More »Exxon, Chevron CEOs discussed merger in early 2020-sources
By Mike Spector (Reuters) – The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter. The discussions, which are no longer active, are indicative of the pressure the energy sector’s most dominant companies faced as the COVID-19 pandemic took hold and crude prices plunged. The talks between Exxon Chief… Source link
Read More »EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo. BRUSSELS (Reuters) – EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly with rivals and to do more to tackle online fake news and harmful… Source link
Read More »EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo. BRUSSELS (Reuters) – EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly with rivals and to do more to tackle online fake news and harmful… Source link
Read More »Cantwell report warns that Google and Facebook are killing local journalism as CEOs testify at Senate
Sen. Maria Cantwell discusses net neutrality at a 2017 town hall in Seattle. (GeekWire Photo / Monica Nickelsburg) The technology industry is pushing local journalism over the edge, according to a new report from the office of Sen. Maria Cantwell, a Democrat from Washington state. The report released Tuesday predicts that by the end of 2020, newspaper revenue will be down 70% compared to 20 years ago and broadcast revenues will dip more than 40%. The losses have created… Source link
Read More »Twitter, Google, Facebook CEOs To Face Grilling From Republican Senators – CBS San Francisco
WASHINGTON (AP) — Less than a week before Election Day, the CEOs of Twitter, Facebook and Google are set to be grilled by Republican senators making unfounded allegations that the tech giants show anti-conservative bias. Democrats want to expand the discussion to include issues such as the companies’ impact on local news. The Senate Commerce Committee has summoned Twitter CEO Jack Dorsey, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai to testify for a hearing Wednesday. The… Source link
Read More »Section 230: Why the CEOs of Facebook, Google and Twitter are testifying before the Senate this week
What began as complaints about anti-conservative censorship by social media companies has now evolved into outright allegations of election interference, as high-ranking Republicans have accused online platforms of helping Democrats by way of their content moderation decisions. On Wednesday, the Senate Commerce Committee is set to grill the CEOs of Facebook (FB), Google (GOOG) and Twitter (TWTR) amid right-wing cries of partisanship and threats to change a critical law, known as Section 230,… Source link
Read More »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 »