• Big Tech's CEOs testified in a historic antitrust hearing last week. Now what happens?

    10 days ago - By Business Insider

    Wednesday's highly-anticipated antitrust hearing featuring Amazon CEO Jeff Bezos, Google and Alphabet CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Apple CEO Tim Cook has officially come and gone.
    Now, Congress will consider the testimonies delivered during the hearing as well as other meetings and hearings made in the last year as part of its investigation into online competition.
    Lawmakers will also take into account hundreds of thousands of internal company emails, memos, and other documents submitted to Congress as part of the investigation.
    Congress will release a report...
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  • Mark Zuckerberg and Sheryl Sandberg have a new message for regulators: Limiting Facebook's data collection will destroy a 'lifeline' for small businesses during the pandemic

    Mark Zuckerberg and Sheryl Sandberg have a new message for regulators: Limiting Facebook's data collection will destroy a 'lifeline' for small businesses during the pandemic

    10 days ago - By Business Insider

    Mark Zuckerberg is warning that restricting Facebook's ad targeting will hurt small businesses.
    The Facebook CEO and other senior execs say the social network was a "lifeline" for many companies during the pandemic.
    During a call with analysts on Thursday, they argued that heavy-handed regulation on Facebook risks negative "macro-economic" effects.
    The remarks highlight how the company is using the pandemic to defend itself amid mounting political and regulatory scrutiny.
    Facebook has rolled out extensive new products in response to coronavirus, including new ways for businesses to connect...
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