Hours before the House of Representatives antitrust subcommittee hearing with testimony from CEOs of Facebook, Google, Amazon and Apple, a blog post by TikTok CEO Kevin Mayer proclaimed that all platforms should “reveal their algorithms, moderation policies and data flows to regulators. ” and challenged the app’s competitors to do …
Read More »Stock futures rise as investors wait for GDP report, jobless claims, tech gains
Stock futures were slightly higher on Wednesday night as market participants continued to assimilate the latest Federal Reserve monetary policy statement, which was largely considered moderate. Investors anticipated the first US second-quarter GDP report on Thursday morning, along with more data on weekly jobless claims and a slew of Big …
Read More »Big Tech’s antitrust hearing showed why Congress won’t regulate companies like Facebook, Amazon, and Google
Wednesday’s antitrust hearing in Congress was a landmark occasion, giving Congress a chance to criticize four of the world’s most powerful men, who control four companies (Facebook, Apple, Amazon, and Google), each so massive that rival the nation states in their power. Observers are increasingly concerned about the massive and …
Read More »Huawei beats Samsung to be the number one smartphone maker thanks to China
The logo of the Chinese company Huawei at its UK headquarters in Reading, west London, on January 28, 2020. Daniel Leal-Olivas | AFP via Getty Images Huawei became the world’s largest smartphone player in the second quarter for the first time, a new Canalys report shows. Most sales come from …
Read More »Tucker challenges Jim Jordan after Big Tech hearing: ‘Google is its second largest campaign contributor’
Fox News’ Tucker Carlson told chief House Judiciary Committee member Jim Jordan, R-Ohio, to explain “what the consequences will be” for Big Tech companies that censure conservative views after Jordan criticized the leaders of Google, Facebook and other tech giants. at a subcommittee hearing. “Big Tech is about to get …
Read More »