UP

Tech bosses against calls for break-up

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto
Tech bosses against calls for break-up

The heads of some of the world's biggest tech companies have appeared before lawmakers in Washington to defend their firms as critics call for them to be broken up.

Axar.az reports citing foreign media.

Amazon boss Jeff Bezos said the world "needs large" firms, while the heads of Facebook, Apple and Google argued their companies had spurred innovation.

The appearance by the executives comes as US lawmakers consider tougher tech regulation.

Competition probes are also underway.

Congressman David Cicilline, a Democrat leading the congressional committee holding the hearing, said a year-long investigation by lawmakers had revealed patterns of abuse by the online platforms.

"The dominant platforms have wielded their power in destructive... ways in order to expand," he said.

Date
2020.07.30 / 10:56
Author
Axar.az
See also

Durov launches Google Cloud alternative “Cocoon”

OpenAI bans ChatGPT legal and medical advice

Amazon cuts 14,000 corporate jobs amid AI expansion

Apple approaches $4T valuation as confidence reignites

WhatsApp to limit messages sent to unknown contacts

Afghanistan restricts access to social media

Apple removes ICEBlock app after Trump administration pressure

OpenAI hits $500B valuation

Harsh conditions at the iPhone 17 factory in China

NASA targeting early February for Artemis II mission

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla