Tech antitrust: Recap of Bezos, Cook, Zuckerberg, Pichai testimony - Business Insider

, and whether Apple applies rules differently to different developers.

Lawmakers devoted a significant amount of time to how Facebook treats rivals in the social media space.on whether the company's competitive strategy includes outright copying features from rivals, and Zuckerberg admitted that Facebook has "certainly adapted features" from other companies. Elsewhere in the hearing, Zuckerberg addressed what some lawmakers viewed as conservative censorship on the platform. Zuckerberg defended Facebook's content moderation policies and said he would investigate complaints of bias among moderators.

But Pichai faced a tougher line of questioning when it came to Google's power over its competitors — Cicilline pointed to Yelp, specifically, as a competitor that Google has wielded unfair power over by threatening to delist Yelp in search results. But lawmakers quickly piled on the questions for Bezos on multiple aspects of the company's business, particularly its relationship with third-party sellers. In perhaps, Bezos told the committee that he couldn't guarantee Amazon had never violated its own policies when it comes using trend data about third-party sellers to dictate Amazon's private-label products.

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Sen. Mark Warner opposes Big Tech break-up – for now: 'Chinese companies may not be the better alternative'Warner's remarks came after Jeff Bezos of Amazon, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook testified before Congress on antitrust and anti-competitive behavior. China sure comes in handy. Ah yes monopolies are the answer. Hot take A break-up is not necessary, if the laws are in place to regulate the improper use of data collection!
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Tech antitrust: Zuckerberg to say Facebook's size is good for competition - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🤣🤣🤣🤣😂😂😂😂 All with a straight robot face Con-artist!
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Google CEO Sundar Pichai gets a tough grilling in antitrust opening shot - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What did you think would happen when you vote against Internet Neutrality, that corps would just look and wave at the growth potential of the vote? They are chewing him up Passive voice in the headline, huh.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »