Big Tech antitrust hearing: Are Facebook, Amazon, Google and Apple too powerful?

Yahoo Finance's Dan Howley and Aikiko Fujita discuss antitrust concerns and the Big Tech hearing on Capitol Hill.
#Facebook #Amazon #Google #Apple

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[krismine]

I'm shocked that fewer have been leveled at Amazon. Allegedly, The company, under the guise of an acquisition, would steal other company's ideas and make them themselves instead of actually acquire them

[ksoutdoorlighting]

In light of big tech taking over in the time of Coronavirus, let us revisit the word Singularity.

Singularity = 155 / 56 142 / 70
Coronavirus = 155/ 56 / 142 70

[bkaley]

So this what journalism has come to? A bunch of peoples opinions? Oh... I see it's Yahoo. That explains it.

[aayushgargofficial]

ok, so no one gonna talk about how yahoo covered this.

[artemasward]

VAT tax to pay for Basic Universal Income $1000 per month. no strings. Good for economy, good for workers, good for big business, good for democracy.

[orwellhuxley]

No way. Facebook is the largest unregulated newspaper in the world, Google is the largest and most sophisticated search engine, Amazon has a monopoly on e-commerce, warehousing, and distribution, and Apple shares a duopoly with several lesser cell phone mfger.

As a consumer, I personally feel well served by the aforementioned monopolies and wish to have fewer choices in the near future.

[Mr_Mignon]

All of these companies are late to the party Microsoft was doing this in 2001 before it was cool.