Chief executives of four tech giants — Amazon, Apple, Facebook, and Google — are set to defend their companies, painting them as US success stories in a fiercely competitive world during a major antitrust hearing.
Big Tech executives faced an onslaught of criticism from US lawmakers at the high-stakes antitrust hearing which could lay the groundwork for tougher regulation of the major internet platforms.
Chief executives of four Big Tech firms — including Facebook’s Mark Zuckerberg, Amazon's Jeff Bezos, Google’s Sundar Pichai and Apple's Tim Cook — gave virtual testimony before the US House Judiciary Committee's antitrust panel. Online viewers took to social media to ridicule several moments from the inquiry.
Amazon CEO Jeff Bezos and Apple Senior VP Eddy Cue directly negotiated this deal. Based on Cue’s emails, Apple agreed on taking a 15 percent cut from revenue earned through subscriptions the Prime Video app on the App Store, and it won’t share any revenue from customers who sign-up elsewhere or have already subscribed before installing the app through the App Store.
Amazon plans to invest more than $10 billion to build a network of 3,236 satellites that will provide high-speed broadband services to people around the world who lack such access.
Mark Zuckerberg, Jeff Bezos, Tim Cook and Sundar Pichai virtually testify at a House Judiciary Antitrust Subcommittee hearing on the dominance of Amazon, App...
Antitrust fever hits a peak as lawmakers get ready to grill top executives of Facebook, Amazon, Google, and Apple over Big Tech dominance, which has become even more pronounced during the ongoing pandemic.
A congressional hearing on digital marketplace competition featuring the chief executives of four of the largest American tech companies has been rescheduled for Wednesday, a House subcommittee said on Saturday.
Twitter accounts of several prominent verified users were hacked in a widespread Bitcoin scam early Thursday. The official accounts of former US President Barack Obama, rapper Kanye West and his wife Kim Kardashian, Microsoft co-founder Bill Gates, Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, media tycoon Mike Bloomberg, along with major brands such as Apple and Uber, were among many others which fell victim to the hack.
Amazon.com has invested Rs. 2,310 crores ($308.02 million) in Amazon Seller Services, an Indian unit, strengthening the business at a time when more people shop online in a bid to avoid crowded public places.
The US House Committee on the Judiciary on Monday announced that leaders of Amazon, Apple, Facebook, and Google will testify during an antitrust investigation hearing.
Amazon said Tuesday that its carbon footprint rose 15 percent last year, even as it launched initiatives to reduce its harm on the environment.
Amazon said on Monday its founder and Chief Executive Jeff Bezos was willing to testify to a congressional panel investigating potential violations of US antitrust law by big technology companies.
Amazon.com on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
Amazon.com on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
Amazon said on Monday its founder and Chief Executive Jeff Bezos was willing to testify to a congressional panel investigating potential violations of US antitrust law by big technology companies.
Amazon.com has been sued for allegedly fostering the spread of the coronavirus by mandating unsafe working conditions, causing at least one employee to contract COVID-19, bring it home, and see her cousin die.
Telsa CEO Elon Musk on Thursday called for Amazon.com to be broken up, after an author complained on social media about being unable to self-publish a book via the world's largest online retailer.
Amazon shareholders Wednesday turned back a series of proposals put forth by critics at the company's annual meeting aimed at creating new social responsibility goals for the tech giant.
Amazon on Thursday said it is offering permanent jobs to 125,000 of the temporary workers hired to handle surging use of its online shopping service due to the pandemic.
The fortunes of US billionaires rose 15 percent in the two months since the coronavirus pandemic hit, a study found, with Amazon boss Jeff Bezos and Facebook chief Mark Zuckerberg seeing massive gains.
With the scheduled launch of two NASA astronauts into orbit Wednesday, Space Exploration Technologies aims to propel the U.S. into a historic new era of commercially led space exploration.
Streaming services are spending more on content in a bid to stand out from a crowded field of competitors.
There are publicly listed companies like Apple, Amazon, and Microsoft that have hit the trillion-dollar mark in terms of market capitalisation but we are yet to see any individual trillionaires.
Amazon.com said on Friday it would make an "appropriate" executive available to the US House of Representatives Judiciary Committee to testify about allegations related to how the company uses third-party sellers' data.
"This is a really big deal. This kind of courage is what we need right now, in every workplace and walk of life."
The US House of Representatives Judiciary Committee on Friday called on Amazon.com Chief Executive and founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its own third-party sellers to create competing products.
Amazon.com on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.
The combined wealth of America's billionaires, including Amazon.com founder Jeff Bezos and Tesla chief Elon Musk, increased nearly 10 percent during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies.
Late-night host Jimmy Fallon took a swipe at Amazon founder Jeff Bezos while co-presenting the One World: Together at Home concert. One World was organised by Lady Gaga, Global Citizen and the World Health Organisation as a “thank you” to those on the frontline in the battle against coronavirus.
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Amazon, the US e-commerce giant, is eyeing the Indian food delivery market and is expected to launch its own delivery service to take on Zomato and Swiggy.
Elizabeth Warren takes jibe at Bill Gates, Mark Zuckerberg, and Jeff Bezos on the episode of Late Show with Stephen Colbert.
