article thumbnail

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. John Lewis of Georgia.

article thumbnail

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.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DOJ, State AGs To Meet On Antitrust Suit Against Google

PYMNTS

Facebook’s Mark Zuckerberg, Sundar Pichai of Google , Apple ’s Tim Cook and Jeff Bezos from Amazon made their case that they face competition and are not violating the nation’s antitrust laws. David Cicilline (D-Rhode Island) ended the hearing by saying the companies “have monopoly power.”

Google 213
article thumbnail

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. They also raised issues about the Apple App Store ’s rules.

Google 150
article thumbnail

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. Table of contents. In the last few years, Facebook has been in the spotlight for a myriad of controversies.

Google 76
article thumbnail

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.