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DOJ, State AGs To Meet On Antitrust Suit Against Google

PYMNTS

Department of Justice (DOJ) is putting the finishing touches on its antitrust lawsuit against Google that could be filed as early as this week, sources told The New York Times. Google didn’t immediately respond to a request for comment. Google, Facebook Inc. A DOJ spokeswoman declined to comment.

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New Klobuchar Bill Will Attempt To Curb Monopolies, Big Tech Power

PYMNTS

That paved the way for the social media company to become one of the giants of the field for the last several years, eliminating competition. David Cicilline of Rhode Island, although Klobuchar’s version won’t include provisions to undo previous mergers or other structural reforms like Cicilline had advocated, NYT reported.

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DOJ Moving Forward On ‘Major Priority’ Big Tech Antitrust Probe

PYMNTS

The DOJ has had an interest in Amazon , Apple , Facebook and Google since the summer of 2019, starting a broad investigation into whether the firms have been engaging in anti-competitive practices. PYMNTS reported that Rhode Island Congressman David Cicilline ended the hearing by saying they all “have monopoly power.”

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Big Tech Antitrust Hearing Rescheduled For July 29

PYMNTS

Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai are now scheduled to appear before a Congressional subcommittee exploring competitive practices among Big Tech Wednesday (July 29) instead of Monday (July 27) as originally planned. It is unclear what arguments Google will make.

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GOP Leader Demands Twitter CEO Testify In Antitrust Probe

PYMNTS

That’s in addition to the existing antitrust lineup : Amazon ’s Jeff Bezos, Facebook ’s Mark Zuckerberg, Google ’s Sundar Pichai and Apple ’s Tim Cook. As justification, he said, that as Congress “considers large technology companies and the competitive landscape, a thorough examination cannot exclude Twitter, a market leader in social media.

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Big Tech CEOs Didn’t Win Over Congress At Hearing

PYMNTS

The big day finally came — the CEOs of Amazon , Apple , Facebook and Google ‘s parent, Alphabet , sat in front of lawmakers (at least virtually) and spent four hours getting grilled by a House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law. Google Answers Tough Questions About Privacy.

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How Big Tech Is Finally Tackling Cybersecurity

CB Insights

It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves. Google was rocked by not one, but two breaches around its Google+ platform in 2018. Table of contents.

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