Facebook CEO Mark Zuckerberg plans to use a hearing in Congress on Wednesday on the issue of tech monopolies to defend how big his social media company has become. Zuckerberg will tell a subcommittee of the House Judiciary that popular apps Instagram and WhatsApp are better under the corporate umbrella …
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(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
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Home prices posted gains during the month of May thanks to near-record low interest rates and limited housing supply. Meanwhile, the number of home loans in patience continued to slow down last week. © Provided by Money.com Mortgage-rate-July-28-2020 Home prices increased 4.5% yoy during the month of May, according to …
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[Read: Tech CEOs’ opening statements for Wednesday’s antitrust hearing] The memo also points out some of the obstacles that may be awaiting attempts to crack down on tech companies through legislation, a possible sign of good news for the industry. Republican employees even raise questions about future cooperation for the …
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According to a Bloomberg report, Google and Samsung are discussing a deal that would give more importance to the services of the American technology giant in Samsung phones at the expense of those of the Korean manufacturer. According to reports, the deal would involve promoting Google Assistant and the Play …
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