Feds investigating major tech companies for antitrust violations
Monday, 10 June 2019
The federal government is set to look into four major tech companies for potential antitrust violations. The
Federal Trade Commission will investigate Amazon and Facebook while the Department of Justice looks into Facebook and Google. CNET senior producer Dan Patterson joined CBSN to preview a congressional subcommittee's hearing into the companies' possible unfair practices.
Credit: Wochit News - Published
on June 8, 2019 < > Embed
Gizmodo reports Chinese government officials have warned major tech companies not to follow the U.S.' prohibition on sales to Chinese companies. The White House recently prohibited U.S. firms from doing business with Chinese tech giant Huawei. The Trump Administration said the company poses a... China Warns Foreign Companies Not To Follow Trump's Bans 00:35
You Might Like
Recent related videos from verified sources
Earnings Outlook: Here's What Investors Should Watch Next Week
The earnings parade seems to never end ... Heading our way is a big week for earnings - especially for big banks and tech companies. To name a few, here are some of the companies expected to report..
Credit: The Street Duration: 00:37 Published 3 days ago
Recent related news from verified sources
US Politicians Aim to bar Tech Companies From Mimicking Bitcoin Issuing a digital currency or providing financial services is not a straightforward process in this day and age. Especially for tech companies in the US, this... The Merkle 9 hours ago
Facebook makes more profit per employee than other Fortune 500 tech companies Facebook pays its typical worker $228,651 per year. That sounds like a lot until you realize that the Menlo Park, California-based company makes more profit per... bizjournals 1 week ago
(Gallery) Facebook churns out a per-employee profit of $635K per year. How that compares with Apple, Google, Cisco, Oracle, Salesforce and others Facebook pays its typical worker $228,651 per year. That sounds like a lot until you realize that the Menlo Park-based company makes more profit per employee... bizjournals 1 week ago Amazon Praises Trump For Pushing Back Against France’s Tax On US Tech Companies French lawmakers passed a law Thursday that levies a steep tax on American tech companies, while the Trump administration is promising to investigate France for... Daily Caller 4 days ago Other recent news in US