For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
Read More »Big Tech’s big test comes in the busiest week of the earnings season
Despite the fact that Big Tech’s day in the antitrust spotlight is delayed, next week will be a great test for the biggest names on Wall Street. Parent company of Google Alphabet Inc. GOOGL, -0.56% GOOG, -0.25% , Amazon.com Inc. AMZN, + 0.74% Apple Inc. AAPL, -0.24% and Facebook Inc. …
Read More »This is what will come to Amazon Prime Video in August 2020
Amazon Prime Video has a decent selection of movies in August 2020, along with a handful of original series. Among the originals, the most prominent are “The toughest race in the world: Eco-Challenge Fiji” (August 14), a 10-episode documentary hosted by Bear Grylls in which 66 teams from around the …
Read More »Buffett’s Berkshire Hathaway has lost more market value in 2020 than all but 4 US listed companies
Clearly, it’s good to be in tech this year. Banks, not so much. The proof is in this tweet from the CEO and co-founder of Roundhill Investments, Will Hershey, who presented the most important winners and losers in the stock market so far this year. As you can see JPMorgan …
Read More »Big Tech’s latest reckoning is coming as it continues to rack up record valuations
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. Apple Inc.’s AAPL Tim Cook, Amazon.com Inc. AMZN Jeff Bezos, Facebook Inc.’s full board Mark Zuckerberg and Alphabet Inc.’s GOOGL GOOG Sundar Pichai can …
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