Tech’s top four CEOs should be nervous as they approach a virtual hearing on July 27 before the House of Representatives’ Antitrust Subcommittee on the Judiciary. AAPL from Apple Inc. -0.46% Tim Cook, AMZN of Amazon.com Inc., -3.00% Jeff Bezos, Facebook Inc. FB, -2.47% Mark Zuckerberg and Alphabet Inc.’s GOOGL, …
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Huawei’s mobile and consumer division continued to outperform its wavering telecommunications equipment arm in the first half, helping the Chinese company to increase sales to Rmb454bn ($ 64.9bn). Sales growth slowed to just over 13 percent, compared to 23 percent in the first half of 2019, but privately-owned Huawei said …
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Throughout its more than 50 years of history, Southwest Airlines (NYSE: LUV), founded in 1967, has never fired an employee, until, perhaps, today. In a communication to employees on Monday, Southwest CEO Gary Kelly warned employees that due to the recession in general, and the drop in air travel traffic …
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Viral images and posts distributed by social media users make a series of extreme claims linking Wayfair, an e-shopping retailer with an alleged human trafficking operation. These claims are false and fueled by conspiracy theories. Reuters Fact Check. REUTERS / Axel Schmidt The theory went viral after it emerged in …
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