Tech giants including Amazon.com Inc. and Google reported strong quarterly sales and profits that showed how pandemic-era demand for their digital services and gadgets is driving them to new heights even in the midst of a debate about their market power.
The financial results announced Thursday, which also included record revenue at Facebook Inc., illustrated again how increased remote working and living has elevated use of everything from online retail and social media to cloud computing services and digital advertising—accelerating...
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Big Tech CEO Senate hearing ends with little discussion on how to fix companies' liability shieldIn their written testimonies, the CEOs warn of the potential negative impacts of repealing key portions of Section 230. Both sides of the aisle get millions of dollars from tech, these hearing r for show. They are 10 times more powerful then the second most powerful lobby Hell is coming!!!!
Source: CNBC - 🏆 12. / 72 Read more »
Big Tech backlash will hurt Little Tech moreFacebook, Twitter and Google hide behind a law that protects them from liability for toxic content but lets them censor when they see fit. Removing that shield, as some lawmakers want to do, would be inconvenient and expensive for them, but brutal for smaller rivals like Yelp. jennifersaba GinaChon Modify it, but it shouldn’t be repealed... there is a gray area, it’s not black and white...
Source: Breakingviews - 🏆 470. / 51 Read more »
Market Sell-Off, Earnings Deluge And Big Tech In The Spotlight by Squawk on the StreetSquawkStreet carlquintanilla jimcramer davidfaber Selllll everything!!! Hell is coming!!!
Source: CNBC - 🏆 12. / 72 Read more »
Analysis: Two words describe the Senate's latest Big Tech hearing: Worthless and pettyUS lawmakers have repeatedly summoned the top executives of Amazon, Apple, Facebook, Google and Twitter. But after more than two years of these hearings, it's time to conclude that many of them are worthless. | Analysis by b_fung b_fung How can ANY of you listen to/trust CNN? They don’t think you’re smart enough to be informed or make your own decisions. They need to hide things from you like babies, so you can’t make informed decisions. Choose CNN, & admit you’re an infantile in need of a controlling parent. b_fung 先知朱新魁预言，拜登将成为下一届美国总统。朱新魁曾经成功预言2020年5月底，中国新冠疫情结束。 b_fung
Source: CNN - 🏆 4. / 95 Read more »
Holocaust denial, coronavirus misinformation at issue as Big Tech chiefs testifyJust days before the presidential election, the chief executives of three leading technology firms — Jack Dorsey of Twitter, Mark Zuckerberg of Facebook and Sundar Pichai of Alphabet, Google’s parent company — testified before the Senate Commerce, Science, and Transportation Committee on their efforts I watched the entire hearing. Jack has no idea what goes on at Twitter. He was wrong about so many things and wasn't able to answer questions that the Republicans would definitely be asking. tedcruz was the worse liar in this Senate hearings that was just to shame for his own pleasure
Source: YahooNews - 🏆 380. / 59 Read more »