Congress Grills Big Tech Over Competition, Money And Power

By BARBARA ORTUTAY and MATT O'BRIENBig Tech faced tough questions this week as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook's plan for a new digital currency. Companies such as Apple, Google, Facebook and Amazon have long enjoyed nearly unbridled growth and a mythic stature as once-scrappy startups — born in garages and a dorm room and a road trip across the United States — that grew up to dominate their rivals.Read more on NewsOK.com

BING NEWS:
  • Tech companies break earnings records despite regulatory battle
    The dominance of tech companies is growing despite regulatory pressure. Authorities in the United States and Europe have launched an offensive to end monopolistic practices that they consider illegal.
    05/4/2024 - 4:15 pm | View Link
  • Micron, GM join Big Tech on this list of 20 biggest winners this earnings season
    These can shed light on how well a company is maintaining pricing power for its products or services and whether or not a drag has been placed on its efficiency.Screening for earnings-season winners ...
    05/4/2024 - 4:02 am | View Link
  • Big Tech's big green card problem
    Big tech companies have backed off green card applications in a big way because the process has become tougher and there's less competition for talent. This situation is making it harder for foreign ...
    05/2/2024 - 6:12 am | View Link
  • Is Big Tech's Spending Stifling AI Startup Innovations?
    Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.
    04/30/2024 - 7:22 am | View Link
  • Texas just took a big hit in its competition against California
    In recent years, Austin's tech sector has grown, drawing comparisons to California. But the city’s tech ascendancy just took two big blows in rapid succession.
    04/29/2024 - 7:15 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News