Tag: jeff bezos

Antitrust experts weigh in on breaking up Amazon, Apple, Facebook, and Google

Gary Reback is perhaps best known as the lawyer who helped convince the U.S. Department of Justice to bring an antitrust lawsuit against Microsoft in the 1990s. He watched the majority of the House Judiciary Committee hearing earlier this week with Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai, and Facebook […]

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Tech Companies Report Huge Profits as 40 Million Americans Face Evictions

A day after a congressional antitrust hearing where lawmakers questioned the CEOs of Amazon, Apple, Alphabet, and Facebook, those companies reported earnings that show they’ve made billions during a pandemic that has put 40 million Americans at risk of eviction.   On Thursday, e-commerce giant Amazon reported $88.9 billion in net sales this financial quarter (up […]

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Antitrust hearing: Amazon, Facebook, and Google were questioned 2x more than Apple

At the “Online Platforms and Market Power” virtual antitrust hearing today, the House Judiciary Committee questioned Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Google CEO Sundar Pichai over Webex. But they weren’t all questioned equally. Most of the questions were directed at Bezos, Zuckerberg, and Pichai — each of […]

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Amazon CEO Jeff Bezos ‘can’t guarantee’ policy against using seller specific data hasn’t been violated

At the “Online Platforms and Market Power” virtual antitrust hearing today, Amazon CEO Jeff Bezos spoke about a policy that is meant to prevent the company from using seller specific data to help it determine what products it should manufacture and sell itself. “What I can tell you is, we have a policy against using […]

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Whole Foods Sued by Employees Over Black Lives Matter Masks

Photo: SAUL LOEB (Getty Images) Amazon was one of many companies that spoke out in favor of the Black Lives Matter movement as protests against systemic racism and police violence intensified. Many looked at the move with a side-eye considering the company’s questionable labor practices and the frequent allegations of racial bias that exist within […]

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