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Amazon, Google, Facebook, Apple CEOs To Face Congress

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Facebook ’s Mark Zuckerberg, Sundar Pichai of Google , Apple ’s Tim Cook and Jeff Bezos from Amazon are expected to face no-holds-barred questions from lawmakers about the tech giants’ business practices. Cook testified in 2013 about Apple’s payment of taxes, CNBC reported.

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Ongoing US China Trade War Causes Morgan Stanley To Slash Apple Price Target

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A Morgan Stanley analyst has cut the price target on Apple from $240 to $231 in a note to investors, according to a report by CNBC. Apple stock was trading around $177 on Thursday (May 30), and the stock has fallen 15 percent since the beginning of May. In the event Apple is unsuccessful in persuading the [U.S.

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EU Begins Antitrust Probe Into Amazon, Fines Qualcomm

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Vestager is at the close of her five-year term as competition commissioner, during which she took on tech giants, including Google , which was fined more than 8 billion euros ($9 billion) in three separate antitrust cases; and Apple , which had to pay 13 billion euros ($14.6 billion) in back taxes to the Irish government.