Bezos, Zuckerberg over $6 billion richer since appearing before Congress 3 days ago

August 1, 2020 By Brett Wilkins At Wednesday’s House Judiciary Subcommittee on Antitrust hearing, tech CEOs Jeff Bezos of Amazon, Mark Zuckerberg of Facebook, Tim Cook of Apple and Sundar Pichai of Alphabet (Google’s parent company) took a beating from lawmakers who grilled them on everything from monopolistic business practices Read more…

Facebook Fine, Ethics In Tech,

Facebook expects up to $5 billion FTC fine for privacy violation

Facebook said on Wednesday that it is setting aside $3 billion during the first quarter to pay down an expected Federal Trade Commission fine resulting from an investigation of the company’s privacy practices. The announcement came as the Menlo Park, California-based social media giant released better-than-expected first quarter financial results, Read more…

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