Big Tech testifies: Bezos promises action if investigation reveals misuse of seller data, Zuckerberg defends Instagram acquisition

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Big Tech CEOs testified before Congress yesterday — here's your full recap:

Amazon CEO Jeff Bezos appears to be making his own playbook in his first congressional testimony.

When Rep. Lucy McBath, D-Ga., presented Bezos with a recording of a former Amazon seller who claimed she was removed from the platform without explanation, Bezos said the anecdote "surprised" him and that he wanted to talk to the former seller who shared her story with the committee. McBath said that was missing the point of a larger problem, though Bezos said he did not believe it was systemic.at a January hearing.

She then asked if Zuckerberg threatened Instagram with its development of a similar product, Facebook Camera, while he attempted to acquire the business. Zuckerberg said he didn't see that as a threat since it was already public the company was working on the product. Rep. Mary Gay Scanlon, D-Pa., pressed Jeff Bezos on Amazon's strategy to beat back competitors by bringing up the company's old, but important, acquisition of Diapers.com.

 

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Rep Sensenbrenner should resign today. How unprepared does he & his aides have to be to make a moronic claim that Facebook is Twitter? I know he is not running in Nov but his constituents deserve better than this. He has no idea what he is talking about asking tech questions.

If the middle pic was Jeff walking in his buff pic with his sunglasses 😎 , it would of been perfect. 😂 $amzn $aapl $googl

one of the very few congressional hearings i've watched that i found informative and interesting.

We know what they testified and it was ALL BULL SHIT and LIES.

You dont get to the rank of CEO at those companies if you are going to answer any question candidly.

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