CEOs of Facebook, Amazon, Apple, & Google to face congress

Komal FatimaWeb Editor

29th Jul, 2020. 11:48 am
CEOs of Facebook, Amazon, Apple, & Google to face congress

The CEOs of the four giant technology companies Facebook, Amazon, Apple, and Google will testify before the US congress after increasing concerns over big tech dominance.

Facebook’s CEO Mark Zuckerberg, Google’s CEO Sundar Pichai, Apple’s CEO Tim Cook, and Amazon’s CEO Jeff Bezos will testify before the court.

Mark Zuckerberg said in pre-released comments that Facebook had become successful “the American way”, offering products that people find valuable after starting with nothing.

Also Read

He said, “Our story would not have been possible without US laws that encourage competition and innovation,”

“Facebook is a proudly American company,” he also acknowledged “concerns about the size and perceived power that tech companies have.”

“That’s why I’ve called for a more active role for governments and regulators and updated rules for the internet.”
Jeff Bezos posted his statement to Congress.

“At Amazon, customer obsession has made us what we are, and allowed us to do ever greater things,” he said.

“I know what Amazon could do when we were 10 people. I know what we could do when we were 1,000 people, and when we were 10,000 people. And I know what we can do today when we’re nearly a million.”

“I believe Amazon should be scrutinized,” he added. “We should scrutinize all large institutions, whether they’re companies, government agencies, or non-profits. Our responsibility is to make sure we pass such scrutiny with flying colors.”

According to the international news agency, the general theme is that these companies own the internet’s utilities in addition to run services. The charge is that they use that commanding position unfairly at the expense of others.

Adsense 300 x 250