My Authors
Read all threads
Today's big tech hearing is set to be a bizarre spectacle: 4 men who run companies worth nearly $5 trillion combined — and who include 2 of the world's richest individuals — primed to argue that their businesses are really not that powerful after all.
nyti.ms/3jQI1Kq
The captains of the New Gilded Age — Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google — will testify via video call.

You can watch live and follow along with our tech reporters here: nyti.ms/3jQI1Kq
Lawmakers collected over 1.3 million documents during their investigations.

The exact content is unknown, but they're said to include information related to some of the companies’ acquisitions and internal communications among top executives.
nytimes.com/live/2020/07/2…
The CEOs, however, will testify remotely — meaning any note-passing from aides and underlings will likely happen off-camera.

And while most of the companies make their own video-calling software, today they'll be using Cisco's Webex. More details:
nytimes.com/live/2020/07/2…
The Big Tech hearing is underway. Watch live here: nyti.ms/3jQI1Kq
Rep. David Cicilline, the chairman of the antitrust subcommittee, opened the hearing: "Any single action by one of these companies can affect hundreds of millions of us in profound and lasting ways."

“Simply put: They have too much power.”
nytimes.com/live/2020/07/2…
Jeff Bezos is giving his opening statement now. He's never faced Congress before.

Some lawmakers' questions for him may go after the disparity between his wealth and the labor conditions of the workers who form Amazon's logistical advantage.
nyti.ms/3hQWHaT
As the Big Tech CEOs defend their businesses to Congress, read up on their arguments — and the facts:
nytimes.com/2020/07/29/tec…
We're not that big! We're good for America! We'll get back to you! Walmart!

Keep track of how often the Big Tech CEOs fall back on the same catchphrases and arguments during the antitrust hearing: nytimes.com/live/2020/07/2…
Democrats on the antitrust subcommittee have dug into the issue of competition, citing documents obtained from inside the tech companies that they said showed their anti-competitive conduct
nytimes.com/live/2020/07/2…
Rep. Jim Jordan listed anecdotes of Republican officials being subject to platforms' enforcement policies — without mentioning that conservative publications and figures routinely rank among the top performing pages on Facebook and other platforms
nytimes.com/live/2020/07/2…
“The secret of Amazon is we’re happy to help you be very successful,” a former Amazon VP told @KYWeise. “You just have to kiss the ring.”
Inspired by @ratemyskyperoom, @mikeisaac rated the Big Tech CEOs' set-ups for their Congressional hearing:
nytimes.com/live/2020/07/2…
Catch up on the rest of the Big Tech hearing with our tech reporters' updates: nytimes.com/live/2020/07/2…
Missing some Tweet in this thread? You can try to force a refresh.

Keep Current with The New York Times

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!