Tag Archives: CEOs

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

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 The discussions, which are no longer active, are indicative of the pressure the energy sector’s most dominant companies faced as the COVID-19 pandemic took hold and crude prices plunged.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

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

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

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

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

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

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

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

Even in the context of all the things that are happening in the country right now, Monday is going to be a pretty big day. The CEOs of Amazon, Apple, Facebook and Google will testify before the House Judiciary Committee as part of Congress’ antitrust investigation.   It’s the first time all four have appeared together and the first time Jeff Bezos has shown up. All four companies are variously accused of using their size and dominance to kill competition. But like… Source link