CEOs

Tech CEOs go on defense

Four of the nation’s most powerful CEOs beamed into a Capitol Hill hearing Wednesday and raised their hands to swear to tell the truth as they faced a barrage of questions on one major issue: Are their companies too big and powerful for America’s good?

Members of the House Judiciary Committee’s antitrust subcommittee came at them with a wealth of newly released documents that could pose problems for the tech giants as they confront investigations around the globe.

Lawmakers hammered Google Sundar Pichai about his company’s relations with China and whether it steals ideas from other businesses, Facebook chief executive Mark Zuckerberg about a blizzard of disinformation plaguing his social network, and Apple CEO Tim Cook on whether his iPhone-maker strong-arms developers on its App Store.

Amazon CEO Jeff Bezos — the world’s richest man, making his long-awaited first-ever appearance before a congressional hearing — faced no questions at all

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Tech CEOs get tarred as liars, bullies, pushers

WASHINGTON (AP) — The Latest on testimony before a congressional committee by the CEOs of Facebook, Apple, Amazon and Google (all times local):

5:20 p.m.

U.S. lawmakers have repeatedly ripped the CEOs of Apple, Amazon, Google and Facebook while likening them to copycats, liars, bullies, drug dealers and traitors in an attempt to prove it’s time to crack down on their technology powerhouses.

The barrage of unflattering comparisons and allegations of misconduct unfolded Wednesday during an extraordinary hearing that summoned Apple CEO Tim Cook, Amazon CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg before a congressional committee. The committee is looking into allegations that the companies have been abusing the popularity of their products and services to stifle competition and innovation.

All four CEOs appeared via video because of the pandemic.

Lawmakers were particularly harsh on Google, whose dominant search engine serves as the main gateway

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Girding for grilling, Big Tech CEOs stress American roots, values

Washington (AFP) – Big Tech’s top executives underscored their firms’ American roots and values Wednesday as they faced a grilling in Congress over their extraordinary economic power and influence.

The CEOs of Amazon, Apple, Facebook and Google offered an upbeat assessment of the tech landscape as they prepared for an onslaught of criticism at a House of Representatives hearing expected to be a rare political spectacle.

The hearing comes amid rising concerns over Big Tech dominance, which has become even more pronounced during the coronavirus pandemic as they leverage online platforms for needed goods and services.

The unprecedented joint appearance — remotely by video — before the House Judiciary Committee features Tim Cook of Apple, Jeff Bezos of Amazon, Mark Zuckerberg of Facebook and Sundar Pichai of Google and its parent firm Alphabet.

The hearing is part of a probe into the competitive market landscape and antitrust law, but questioning

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Spotlight on 4 Big Tech CEOs testifying in competition probe

WASHINGTON (AP) — They command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. One of them is the world’s richest individual; another is the fourth-ranked billionaire. Their industry has transformed society, linked people around the globe, mined and commercialized users’ personal data, and infuriated critics on both the left and right over speech.

Now Amazon CEO Jeff Bezos, Facebook’s Mark Zuckerberg, Google’s Sundar Pichai and Tim Cook of Apple will answer for their companies’ practices before Congress for the first time as a group. Summoned for a House hearing, they’ll raise a hand (remotely) and swear to tell the truth, in the manner of tycoons of Wall Street or the tobacco industry in earlier high-octane televised shamings. It will be Bezos’ first-ever appearance before Congress.

The House Judiciary subcommittee on antitrust is capping its yearlong investigation of Big

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Antitrust fever rises as Big Tech CEOs set to testify

Washington (AFP) – Antitrust fever hits a peak in Washington this week with lawmakers set to grill top executives of four of the biggest US technology firms in what promises to be a rare political spectacle for the digital era.

The showdown Wednesday in the House of Representatives comes amid rising concerns over Big Tech dominance, which has become even more pronounced during the coronavirus pandemic.

The unprecedented joint appearance in the House Judiciary Committee will include chief executives Tim Cook of Apple, Jeff Bezos of Amazon, Mark Zuckerberg of Facebook and Sundar Pichai of Google and its parent firm Alphabet. All will testify remotely.

The hearing is part of a probe into “online platforms and market power,” taking place as US federal agencies and states conduct their own investigations.

“This is the Super Bowl of antitrust,” said Avery Gardiner, an antitrust expert at the Center for Democracy & Technology.

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Ahead of hearing with big tech CEOs, Cicilline says a Biden presidency would lead to regulation next year

WASHINGTON — A top Democrat leading an antitrust investigation into the nation’s top technology companies said Wednesday his committee will release a report by the end of August with recommendations on legislation that Congress could pass into law as soon as next year. 

“There’s no reason to not expect a new administration to take this up in their first year,” said Rep. David Cicilline, D-R.I., in an interview on “The Long Game,” a Yahoo News podcast.

Rep. David Cicilline, D-R.I. (Photo illustration: Yahoo News; photos: Andrew Harnik/AP, AP)
Rep. David Cicilline, D-R.I. (Photo illustration: Yahoo News; photos: Andrew Harnik/AP, AP)

“Antitrust laws were developed during the railroad monopolies and the oil barons. It’s a very different economy now. The question is, do we need to update and modernize our antitrust statutes to ensure that in the digital marketplace we have real competition? I think it’s pretty clear we don’t have real competition, partly because of the size of these platforms, and partly

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The 25 best CEOs of 2020, ranked by female employees

Google CEO Sundar Pichai was ranked highly as an effective leader by female employees.
Google CEO Sundar Pichai was ranked highly as an effective leader by female employees.

Stephen Lam/Reuters

The past few years have sparked many important conversations around gender in the workplace. 

Facebook COO Sheryl Sandberg’s seminal book “Lean In,” sparked discussions around gender and race in corporate America. The #MeToo and #TimesUp movements shined a light on assault and harassment against women in various industries and across the globe. The coronavirus pandemic made more executives aware of the unpaid household and childcare duties women disproportionately take on, and who was most economically impacted by the pandemic’s economic fallout.

Now, calls for diversity and inclusion from workers amid Black Lives Matter protests are forcing corporations to take a look inward and make changes.

For leaders looking to make change, knowing which corporate leaders rank highly among women can help. It could also help female workers looking to potentially switch companies. Career website

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