by Amy B. Taylor | Jul 31, 2020 | Business News
Facebook CEO Mark Zuckerberg was among the powerful tech executives who testified Wednesday in front of lawmakers regarding their companies’ potential antitrust violations. During the hearing, never-before-seen messages were made public detailing why the cofounders of Instagram, Kevin Systrom and Mike Krieger, felt compelled to sell their app to Facebook in 2012. Systrom and early […]
by Amy B. Taylor | Jul 30, 2020 | Business News
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...
by Amy B. Taylor | Jul 30, 2020 | Business News
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...
by Amy B. Taylor | Jul 30, 2020 | Business News
Internal Amazon emails show the company coordinated an effort to undercut prices of competitor Diapers.com, before ultimately acquiring its parent company Quidsi in 2010.The emails were released as part of a Congressional antitrust hearing Wednesday.Bezos in the...
by Amy B. Taylor | Jul 25, 2020 | Business News
On Tuesday, Reuters snapped a picture of two popular Niagara Falls tour boats next to each other — one American, one Canadian.Hornblower, the Canadian boat (which has a maximum capacity of 700 people), had only six people on board. Maid of the Mist, the American boat...
