REUTERS: Two years after Facebook Inc Chief Executive Mark Zuckerberg's explanation to U.S. lawmakers: "Senator, we run ads": exploded as a meme, online viewers again ridiculed moments of a tech antitrust showdown on Wednesday. The chief executives of the country's largest tech companies ...
WASHINGTON: The chairman of a U.S. House of Representatives antitrust panel said the CEOs of four major tech firms acknowledged concerning behavior in a just-ended hearing on whether they abused their market power, reinforcing the committee's own findings over the last year. "What we heard from ...
SAN FRANCISCO, WASHINGTON D.C: Facebook Inc Chief Executive Mark Zuckerberg stumbled at a congressional hearing on alleged abuse of market power on Wednesday, as lawmakers confronted the social media titan with damaging internal emails about the company's acquisitions. The House Judiciary ...
Samsung Electronics Co Ltd said on Thursday it expects a further pick-up in chip demand in the second half of the year, driven by new smartphone launches, but warned the coronavirus pandemic and trade disputes pose risks.
Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing https://www.youtube.com/watch?v=WBFDQvIrWYM&feature=emb_logo that put four of America's most prominent tech CEOs in the hot seat.
United Airlines on Wednesday extended a deadline for most employees to decide whether to take voluntary furlough deals to Aug. 10, as it waits to see if the U.S. Congress extends an airline bailout in the first week of August.
With nearly seven months gone, an ambitious US$36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but it's looking like a big, big stretch.
NEW YORK: Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday (Jul 29), and signalled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic. The aerospace giant, which previously suspended ...
SEOUL: Samsung Electronics said on Thursday (Jul 30) it expects a gradual recovery in demand for mobile devices and consumer electronics in the second half of the year, but risks remained due to coronavirus pandemic and growing competition. Samsung posted a 23 per cent jump in operating profit in...
Asian stocks were set to track an upbeat Wall Street session on Thursday after the Federal Reserve kept interest rates at ultra-low levels, while the U.S. dollar fell to a two-year low.
