TechLife News

IS ‘BIG TECH’ TOO BIG? A LOOK AT GROWING ANTITRUST SCRUTINY

Is Big Tech headed for a big breakup?

The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the House Judiciary Committee has announced an unprecedented antitrust probe , promising “a top-to-bottom review of the market power held by giant tech platforms.”

In addition, at least two 2020 presidential hopefuls have expressed support for breaking up some of technology’s biggest players amid concerns they have become too powerful. Experts say breakups are unlikely in the short term, and Rep. David Cicilline, the Rhode Island Democrat who leads the subcommittee pursuing the House investigation, called such measures a “last resort.” But even without that, Facebook,

You're reading a preview, sign up to read more.

More from TechLife News

TechLife News1 min read
Samsung Predicts 56% Drop In 2q Profit On Weak Chip Market
Samsung Electronics Co. said its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips. The South Korean tech giant estimated an operating profit of 6.5 trillion won ($5.5 billion) for
TechLife News3 min read
Uber Offers Riders More Legroom, Less Chatting At A Price
Uber passengers can now get a more spacious ride and a less talkative driver — if they’re willing to shell out a few extra dollars. The ride-hailing giant launched “comfort” rides in dozens of cities Tuesday. Riders are guaranteed 36 inches of legroo
TechLife News7 min read
Workout: Apple Taking Fitness Further
With Apple prioritizing fitness initiatives through Apple Watch and the iPhone, many believe that Apple is headed in a new direction. Steve Jobs’ legacy will undoubtedly be the Mac, but could Tim Cook’s be Apple Health, and its ability to transform t