.karaswisher and profgalloway talk about the surprises at Big Tech’s antitrust hearings, Snap’s first diversity report, and colleges going remote in the fall. PivotPodcast
Photo: Getty Images This week, Jeff Bezos, Tim Cook, Mark Zuckerberg, and Sundar Pichai testified for nearly six hours before the House Judiciary Subcommittee on Antitrust Law; appropriately, the executives of the four tech giants of Amazon, Apple, Facebook, and Google did so over video.
I keep getting optimistic and I keep getting my heart broken, but to me this feels like the beginning of the end of Big Tech as we know it. It just seemed as if they weren’t really there to get information. They were confident in the information they had collected, and they were just stating their viewpoint over and over. Prior to the hearings, there was a seminal moment where you had two tweets saying, “I hope these guys get broken up.
Subscribe on: Apple Podcast Google Podcast Spotify Galloway: The first pattern I recognized at the hearing — and I’m shocked that Twitter didn’t run with it — was that any kind of notion of your product being anti-American was generally from the white guy to the one brown guy. And I thought, “Oh, that makes sense.” And no one noticed it.
Swisher: The Republicans wasted this opportunity, which is in their interest. Among the committee members, who did you think had the best day? The other I was speaking about with Tim Wu, who said that probably the moment that will come back to haunt Amazon is that [Bezos] acknowledged that it purposely priced Alexa products below cost. And you’re not supposed to do that. That’s the equivalent of dumping. And they don’t need to. It’s not like they’ve got to clear the inventory. They’re just going for market share and doing it on a consistent basis by selling below cost.
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