We read hundreds of pages of emails that Congress collected from the biggest tech companies in the world — here are the most revealing things we found

  • 📰 CNBC
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

We read hundreds of pages of emails that Congress collected from Facebook, Apple, Amazon and Google — here's what we found.

The release is a curated selection of the 1.3 million documents collected by the committee during its more than year-long investigation into competition concerns regarding the four tech giants. It includes emails and chat logs between executives at the four companies and with those they sought to acquire.

"It's an indication to look deeper but not necessarily an indication you won't be able to close [the deal]," she said in an interview this week with CNBC. "When you have both documents that show a company is planning to harm competition and the economic data or the economic model support that it's possible, that's when the documents are given the most weight."

"We have this big issue right now because gaming is shifting from us to mobile platforms," CEO Mark Zuckerberg wrote in one April 2012 email. "It's causing all this negative momentum in a bunch of ways around gamer overall user engagement, ad spend from gamers, overall revenue, etc."Zuckerberg acknowledged the threat posed by Instagram in conversations with his deputies.

"Of course, at the same time we're developing our own photos strategy," Zuckerberg wrote, "so how we engage now will also determine how much we're partners vs competitors down the line."Even if regulators believe Facebook executives were afraid of the potential rise of Instagram and WhatsApp, it may not be enough to accuse them of violating merger law.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nedu64

.

Is it my screen, or is Jeff looking more purple than normal?

BALL HOG

Here's what we want to show you*

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facial recognition could gain in popularity as touchless entry tool - 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. Many companies are also starting realtime big data metrics on employees performance, even remotely. It’s game theory meets HR. The “idea” is to objectively measure, taking out subjective measurements.
Source: BusinessInsider - 🏆 729. / 51 Read more »