Investors to get a preview of what could become a bigger campaign against Big Tech under Democrats

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ap215
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Joined: Tue Jul 19, 2011 3:45 am

Investors to get a preview of what could become a bigger campaign against Big Tech under Democrats

Post by ap215 »

Investors to get a preview of what could become a bigger campaign against Big Tech under Democrats

No matter which party wins the White House in November, Big Tech is likely to be under siege.

But strategists say life would be more miserable for U.S. technology companies should there be a Democratic sweep, where former Vice President Joe Biden wins the White House and the Republican majority is unseated in the Senate. That would give Democrats control of Congress for the first time in a decade.

https://www.cnbc.com/2020/07/28/investo ... crats.html

ap215
Board Emeritus
Posts: 14164
Joined: Tue Jul 19, 2011 3:45 am

Re: Investors to get a preview of what could become a bigger campaign against Big Tech under Democrats

Post by ap215 »

4 Big Tech CEOs getting heat from Congress on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry.

The four command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. One of them is the world’s richest individual (Bezos); another is the fourth-ranked billionaire (Zuckerberg). Their industry has transformed society, linked people around the globe, mined and commercialized users’ personal data, and infuriated critics on both the left and right over speech.

https://apnews.com/25a4d18ae3989402f0ad23f38d8cfa23

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