Page 4 - House Antitrust News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PHOTO: Tobias Adam on Unsplash Last September, the CEOs of four of the biggest tech companies in the U.S. faced the House Antitrust Subcommittee. At that meeting, the CEOs of Alphabet, Amazon, Apple and Facebook (the only one missing was Microsoft's Satya Nadella) were grilled on a wide range of subjects under the broad umbrella of an anti-trust probe. Then in October, the CEOs of Facebook, Google and Twitter all faced lawmakers again, this time to defend the legal liability shield that underpins their business models. At the end of February 2021, the judiciary committee's antitrust subcomm...

31 January 2021, 5:54 am EST By   ( Pexels/Pixabay ) On July 2020, Facebook CEO Mark Zuckerberg and the heads of Amazon, Google and Apple were all fired with heated questions from members of the House Antitrust Subcommittee. This incident has sparked questions about online privacy. Now Mark Zuckerberg's greatest enemy in this sector is not from the government, but from another tech mogul Apple CEO Tim Cook. Apple vs. Facebook On January 28, Cook gave a speech expla...

look is the oil that fuels the digital economy. Zuckerberg is certainly right about one thing: Apple is using its dominant position in the mobile phone market to unilaterally impose a major change to how user data is tracked and shared online. Establishing an “opt in” regime, in which privacy is the default and users have to give affirmative consent to share their data, has long been a dream of privacy activists. Few people are willing to take the trouble of opting out of every individual site or app they use, let alone the ones they don’t know are tracking them. Opt-in is considered so...

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Amazon executives this year considered launching a new service that would compete with Shopify. Amazon CEO Jeff Bezos was directly involved in the talks, as Amazon executives have grown "defensive" about Shopify's massive growth in recent years, a person familiar with the matter said. The company previously shut down a similar service called Amazon Webstore in 2015. While Amazon and Shopify are not direct competitors, they effectively fight over the same mer...

Zuckerberg's Deal Making for Facebook Is Central to Antitrust Cases 12/10/2020 | 05:45am EDT Send by mail : Message : By Jeff Horwitz The Federal Trade Commission's lawsuit against Facebook Inc. puts the regulatory spotlight on the deal-making history of Chief Executive Officer Mark Zuckerberg, who has personally engineered the tech giant's biggest acquisitions. The FTC and a group of 46 states in separate antitrust lawsuits on Wednesday alleged that Facebook engaged in a yearslong campaign to acquire or stymie nascent technology companies that it feared could become rivals. The F...