Friday, 31 July 2020

Big Tech's blockbuster earnings undermine their arguments to Congress that they aren't that big

Big Tech's blockbuster earnings undermine their arguments to Congress that they aren't that big

Four of the biggest tech companies in the world – Amazon, Apple, Google, and Facebook – announced stronger-than-expected second-quarter earnings on Thursday, defying worries about Wednesday's antitrust hearings and an ongoing pandemic. The strong results from the four companies, often categorized as "Big Tech," comes a day after their CEOs testified before Congress, defending the size of their companies
Read more: https://www.businessinsider.com/amazon-apple-google-and-facebook-smash-q2-earnings-2020-7?source=Snapzu

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