Jeff Bezos Tells Congress He 'Can't Guarantee' Amazon Isn't Violating Its Own Policies to Undercut Sellers

At Wednesday’s major tech antitrust hearing in the House Judiciary Committee—featuring the CEOs of Amazon, Apple, Facebook, and Google—Amazon CEO Jeff Bezos said he couldn’t promise that the company hasn’t violated its own policies on fair competition with third-party sellers.Read more...
Tags: Google, Amazon, Politics, Science, Technology, Antitrust, Jeff Bezos, House Judiciary Committee, E Commerce, Amazon Apple Facebook, Tech Policy, Congress He Can t Guarantee Amazon

America wanted its first unfiltered look at Jeff Bezos, the world's richest person. The Amazon CEO used caution and skill to stay out of the spotlight. (AMZN)

Amazon CEO Jeff Bezos gave his first-ever Congressional testimony on Wednesday, alongside CEOs of Facebook, Apple, and Alphabet. Bezos dodged most of the sensitive questions, instead saying that he'd get back with a more detailed answer at a later date. The careful approach is understandable given Bezos is speaking under oath, according to legal experts. But some experts believe he could have been more direct in addressing the key issues, like allegations of accessing seller data. Visit Busine...
Tags: Apple, Amazon, Facebook, Florida, Congress, US, America, Trends, Washington Dc, Jeff Bezos, Wall Street Journal, Federal Trade Commission, Business Insider, Seattle University, George Washington University, Bezos

Republican lawmakers hijacked a historic antitrust hearing to air conspiracy theories and accuse tech companies of secretly working to undermine Trump

Republican lawmakers used a widely-anticipated House subcommittee hearing with the world's most powerful tech CEOs to air grievances and accuse tech companies of secretly working to undermine President Donald Trump's reelection campaign. The hearing erupted into a shouting match several times as Democratic lawmakers accused their Republican colleagues of pushing "fringe conspiracy theories." Ohio congressman Jim Jordan implied Google is trying to give former Vice President Joe Biden an edge ov...
Tags: Google, Facebook, Mark Zuckerberg, Twitter, Florida, Texas, Cdc, Youtube, US, America, Trends, Joe Biden, Pennsylvania, Gop, House, Food And Drug Administration

Congress fumbles through antitrust hearing with big tech CEOs

The four horseman of the techpocalypse – the CEOs of Amazon, Apple, Facebook, and Google – joined the US House of Representatives today for an antitrust hearing. We watched every second of the more than five and a half hours of Congress’ grilling of some of the richest men in the world so you wouldn’t have to. Let’s start with the ending. House Antitrust Committee Chairman David Cicilline closed today’s hearing with the following statement: This hearing has made one fact clear to me: these compa...
Tags: Apple, Google, Amazon, Startups, Facebook, Business, Politics, Congress, US, Social Media, Insights, Tech, Artificial Intelligence, United States, House Of Representatives, Insider

ESA's 'interplanetary cargo ship' to carry Mars rocks to Earth in 2031

On July 30, NASA is set to launch the Perseverance rover toward Mars on a mission to search for biosignatures of ancient life within the planet's Jerezo Crater.The soil samples collected by the rover would then be launched from the Martian surface into orbit, where a European-made "cargo ship" will intercept the container.The cargo ship — a satellite called the Earth Return Orbiter — could return the samples to Earth for further study by 2031. Was Mars ever home to alien life? If so, scientists...
Tags: Space, Technology, France, Nasa, Earth, Flight, Innovation, Airbus, Mars, North America, California Institute of Technology, European Space Agency ESA, Farley, Ero, David Parker, Jezero Crater

Moderna COVID-19 Vaccine Shows Promising Result In Animal Tests

Moderna's vaccine candidate against Covid-19 protected against the virus in a trial that inoculated 16 monkeys, an encouraging step on the path to a defense for humans against the pandemic. Bloomberg reports: Two injections of the vaccine protected against heavy exposure to the virus at two different levels of dosage, Moderna said in findings published Tuesday in the New England Journal of Medicine. The primates didn't show any sign of creating enhanced disease, a problem that has occasionally b...
Tags: Tech, Bloomberg, Slashdot, New England Journal of Medicine, Moderna, COVID, Jennifer Riggins

Hackers Broke Into Real News Sites To Plant Fake Stories

A disinfo operation broke into the content management systems of Eastern European media outlets in a campaign to spread misinformation about NATO. Wired reports: On Wednesday, security firm FireEye released a report on a disinformation-focused group it's calling Ghostwriter. The propagandists have created and disseminated disinformation since at least March 2017, with a focus on undermining NATO and the US troops in Poland and the Baltics; they've posted fake content on everything from social me...
Tags: US, Tech, Nato, Poland, Belarus, Fireeye, Lithuania, Eastern Europe, Baltics, Hultquist, John Hultquist, Ghostwriter

Huawei sold more phones than Samsung and Apple for the first time

The phone maker has able to close the gap through strong growth in China
Tags: Apple, Mobile, News, Samsung, Trends, Huawei, Breaking Twitter

Huawei sold more phones than Samsung or Apple for the first time

The phone maker was able to close the gap through strong growth in China
Tags: Apple, Mobile, News, Samsung, Trends, Huawei, Breaking Twitter

Jeff Bezos Drops $10 Million on the House Next Door

Back in April, Jeff Bezos paid a record $165 million for David Geffen’s famed Jack Warner estate, the 10-acre compound that lies in Beverly Hills’ lower Benedict Canyon neighborhood. But it seems that isn’t quite enough space for the Amazon chieftain — property records show he’s shelled out another $10 million, through a trust, for […]
Tags: Amazon, Los Angeles, Tech, Beverly Hills, Jack Warner, Jeff Bezos, Moguls, David Geffen, Benedict Canyon

Newly-released emails reveal how Google hoped to pay $50 million for YouTube in 2006, and why it ended up paying $1.65 billion (GOOG)

New emails released as part of Wednsesday's Congressional tech antitrust hearing reveal a fascinating exchange between Google executives who were considering buying YouTube back in 2005. The emails reveal that Google thought it could buy YouTube for just $50 million. "They want something in the $500M range, something like 'the MySpace deal'" one exchange reads. Months later, Google acquired the company for $1.65 billion in a historic deal. Visit Business Insider's homepage for more stories. I...
Tags: Google, Yahoo, Youtube, Trends, Larry Page, Bill, Susan Wojcicki, Eric Schmidt, Sequoia, Mike, Dempsey, Eric, Congressional, SCHMIDT, Mike Moritz, Wojcicki

These are the best cheap iMac deals for August 2020

Looking to get your hands on a sleek all-in-one Mac computer? We've got the best cheap iMac deals right here.
Tags: Apple, Deals, Trends, Computing, iMac, Imac Pro, Commerce 2020

These are the best cheap Mac Mini deals for August 2020

Looking for a compact MacOS desktop? Here are some great cheap Mac Mini deals you can score online right now.
Tags: Apple, Deals, Trends, Computing, Mac Mini, Commerce 2020

Big Tech CEOs’ showdown with Congress: The antitrust hearing that wasn’t

Members of Congress lacked any focus in their lines of inquiry
Tags: Apple, Google, Amazon, Facebook, News, Congress, Trends, Tim Cook, Sundar Pichai, Zuckerberg, Bezos, Breaking Twitter, Big Tech Hearing

Apple’s App Store commission structure called into question in antitrust hearing

Apple CEO Tim Cook defended the company’s App Store commission structure in his sworn testimony before the House Antitrust Subcommittee on Wednesday. He claimed the majority of the apps pay no commission at all, with others paying either 15 or 30 percent, based on the specifics of their particular situation. He said developers were all treated equally and that Apple wouldn’t raise commissions, because it had to compete for developer interest in its platform as well. But the documents shared b...
Tags: Apple, Google, Amazon, Startups, Apps, Cook, House, Tim Cook, App Store, Jeff Bezos, Amazon Prime Video, House Judiciary Committee, App Store Cook, House Antitrust Subcommittee, Dominance of Amazon Apple Facebook, Tech Antitrust Hearing


Where have I been? Like most, Yours Truly has been self-isolating and pretending I’m working.Advertising to Baby Boomers. For some reason, I haven’t been excited about this subject for the last few months. By the time I get my mask to fit properly without fogging up the glasses and slather on hand sanitizer I forget what I’m supposed to be doing. Then I turn and catch myself in the mirror and with those mask bands pulling on the back of my ears I look like Dopey.Just a tedious list of things I’v...
Tags: Apple, Amazon, Advertising, Boomers, Chuck Nyren, Forget Baby Boomers Recognition DayNobody

Tucker presses Rep. Jim Jordan over when GOP will take action against Big Tech

The CEOs of Amazon, Apple, Facebook and Google appear for congressional hearing on monopolies, accusations of political bias; reaction from Ohio Rep. Jim Jordan, Republican member of the House Judiciary Committee.
Tags: Google, News, Gop, Ohio, Jim Jordan, Tucker, Amazon Apple Facebook, Big Tech

Qualcomm Hints That the 5G iPhone Might Not Arrive In September

Qualcomm's Q3 earnings report might indicate a delay for Apple's upcoming 5G iPhones, with the company highlighting a "partial impact from the delay of a global 5G flagship phone launch" for its fourth quarter projections (which covers July, August, and September earnings). The Verge reports: Looking at the calendar of upcoming phone releases, it's hard to imagine that Qualcomm is talking about any device other than the upcoming 5G iPhones, which are expected to arrive this fall. Typically, Appl...
Tags: Apple, Tech, Qualcomm, Reuters, Akash Palkhiwala

Everything advertisers need to know about Facebook, Google, Amazon and Apple's big day in Washington

Congress exposes all the dirty tricks they claim big tech companies use to squash rivals—including you.
Tags: Apple, Congress, Washington, Advertising, Facebook Google Amazon

Nancy Pelosi Mandates Masks On House Floor

Speaker Nancy Pelosi says she will require all House members and aids to wear masks on the floor, after Texas Rep. Louie Gohmert who has at times flouted the health recommendation tested positive for COVID-19 earlier in the day. The Hill reports: "Members and staff will be required to wear masks at all times in the hall of the House except that members may remove their masks temporarily when recognized," Pelosi said from the House floor. Pelosi warned that lawmakers and staff without masks will ...
Tags: Texas, Tech, House, Nancy Pelosi, Louie Gohmert, Hill, Pelosi

Emails released as part of Congress' antitrust hearing show how ruthless Steve Jobs could be

In the emails, Jobs told subordinates to "cut off" a developer critical of Apple and said Apple's iBooks would be the only bookstore on iPhones.
Tags: Apple, News, Congress

Emails show how Amazon's $1 billion Ring acquisition was driven by Jeff Bezos' interest in its 'market position – not technology' (AMZN)

Internal Amazon emails were released as part of a Congressional hearing on tech antitrust Wednesday, which featured testimony from CEO Jeff Bezos. Some of those emails show how Amazon CEO Jeff Bezos in 2017 strategized about how to negotiate a lower price for Ring, the smart doorbell company it would ultimately acquire in 2018 for $1 billion.  They also show Bezos saying that the decision to buy Ring was based on its "market position – not technology." At the hearing, Bezos testified market po...
Tags: Google, Amazon, Trends, Jeff Bezos, Signal, Amazon Web Services, Darwin, Bezos, Congressional, Amazon Facebook, AMZN, Amazon VP, Internal Amazon, Dave Limp To, Jeff Helbling

The Vatican Is Said To Be Hacked From China Before Talks With Beijing

An anonymous reader quotes a report from The New York Times: Chinese hackers infiltrated the Vatican's computer networks in the past three months , a private monitoring group has concluded, in an apparent espionage effort before the beginning of sensitive negotiations with Beijing. The attack was detected by Recorded Future, a firm based in Somerville, Mass. The Chinese Communist Party has been waging a broad campaign to tighten its grip on religious groups, in what government leaders have perio...
Tags: Hong Kong, China, Tech, Beijing, New York Times, Vatican, Catholic Church, Communist Party, Buddhist, Falun Gong, Parolin, Pietro Parolin, Sinicize, Javier Corona Herrera, Somerville Mass The Chinese Communist Party, Edgar Pena Parra

Emails released as part of Congress' antitrust hearing show how ruthless Steve Jobs could be (AAPL)

Newly released emails from Steve Jobs show how ruthless he could be. In one of the emails, made public by a Congressional subcommittee investigating antitrust concerns, Jobs advised subordinates to "cut off" a developer. In another email message, Jobs said Apple's iBooks bookstore was going to be the only digital books marketplace on iPhones and iPads.  The messages are sure to add to concerns that Apple is using its control over its App Store to throttle rivals and boost its own apps. Visit B...
Tags: Apple, Amazon, Congress, Steve Jobs, Trends, App Store, Joe, Aapl, Trump, Hewitt, Congressional, Apple Google, Eddy Cue, Troy Wolverton, Schiller, App Store Apple

When a Customer Gets Refunded For a Paid App, Apple Doesn't Refund the 30% Cut They Took From The Developer

When a customer gets refunded for an app they purchased, Apple doesn't refund the 30% cut they took from the developer, says developer Simeon Saens of Two Lives Left. While [online] payment processors generally don't refund fees on refunded payments, "the App Store doesn't position itself as a payments processor the way Stripe does, so it sounds really weird that they would act like one," writes HN user chadlavi. Epic Games CEO Tim Sweeney says in a tweet: This is a critical consideration in the...
Tags: Apple, Google, Tech, App Store, Tim Sweeney, Simeon Saens

Zuckerberg unconvincingly feigns ignorance of data-sucking VPN scandal

Facebook’s Mark Zuckerberg appeared less than entirely truthful at today’s House Judiciary hearing, regarding last year’s major Onavo controversy, in which his company paid teenagers to use a VPN app that reported detailed data on their internet use. Though he may not have outright lied about it, his answers were evasive and misleading enough to warrant a rushed clarification shortly afterward. Rep. Hank Johnson (D-GA) was asking Zuckerberg to confirm a series events last year first reported ...
Tags: Apple, Social, Facebook, Mark Zuckerberg, Privacy, Tech, House, Vpn, Warner, Johnson, Zuckerberg, Hank Johnson, Facebook research, Onavo, Facebook Naturally, Facebook Research App

Prime Day iPad Price Predictions 2020: iPad 10.2 and iPad Pro

These predictions are not based on insider pricing knowledge, nor are they set in stone
Tags: Apple, Deals, Mobile, Trends, Ipad Mini, Ipad Pro, iPad Air, iPad deals, Prime Day 2020, iPad 10.2

Apple in 2011 Considered Collecting a 40% Fee From Some Subscription Apps

Apple once considered taking a 40 percent cut from some subscription apps, according to documents shared today by the House Judiciary Committee (via Bloomberg). Back in March 2011, Apple's services boss Eddy Cue emailed three other executives and suggested Apple should "ask for 40% for the first year only," but that a "few deals" needed to be worked out for Apple to "see what is right." One of the executives, Jai Chulani, wrote back that Apple could be "leaving money on the table" asking for...
Tags: Apple, Tim Cook, App Store, Hulu, House Judiciary Committee, Eddy Cue, Bloomberg Back, Jai Chulani

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