For more than six hours, members of the House Antitrust Subcommittee grilled the CEOs of Alphabet, Amazon, Apple and Facebook on a wide range of matters. Here's a recap.
Cook, who spoke from in front of what appeared to be a blank office partition, faced questioning about Apple's policies toward app developers who sell apps through the App Store. Third-party developers have accused the company of being inconsistent in how it treats them, and Rep. Hank Johnson, D-Ga., dug in on the issue, asking if Apple cut a special deal with Amazon to take lower fees, and whether it offered a Chinese search engine extra help navigating the rules.
"If you're a customer, and you don't like the setup, the curated experience of the App Store, you can buy a Samsung," he said.Investors seemed completely unconcerned over today's hearings, sending all four companies' stocks up slightly during trading hours.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Congress prepares to grill CEOs of Amazon, Apple, Facebook and GoogleThe executives of Amazon, Apple, Facebook and Google are set to face hours of questions from members of the House’s antitrust subcommittee.
Weiterlesen »
Congress is about to grill the CEOs of Amazon, Apple, Facebook and GoogleCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Weiterlesen »
How to watch the tech CEOs' collision with CongressThe CEOs of Amazon, Google, Apple and Facebook will testify before House lawmakers Wednesday on allegations their companies are harming consumers by unfairly stifling the competition
Weiterlesen »
Facebook, Amazon CEOs to defend their companies before U.S. Congress by listing competitorsAmazon.com Inc Chief Executive Jeff Bezos and Facebook Inc's Mark Zuckerberg will defend their respective companies before a congressional hearing on Wednesday by saying they face intense competition from large rivals.
Weiterlesen »
What Congress should ask CEOs of Apple, Amazon, Facebook, and Google - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
4 Big Tech CEOs getting heat from Congress on competitionThe CEOS of four Big Tech companies disputed accusations of stifling competition during a House committee hearing. But the heads of Facebook, Amazon, Google and Apple sometimes struggled to answer pointed questions about their business practices.
Weiterlesen »