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In antitrust hearing, Zuckerberg admits Facebook has copied its competition

In antitrust hearing, Zuckerberg admits Facebook has copied its competition

At the House Antitrust Subcommittee hearings this afternoon, Facebook CEO Mark Zuckerberg was directly questioned about his company’s strategy of copying competitors’ apps and features, and even threatening to do so as a negotiation tactic amid M&A discussions. In his response, Zuckerberg was forced to admit the obvious: that Facebook, he said, has “certainly adapted […]

Big tech goes to Congress remotely

Big tech goes to Congress remotely

This week, the CEOs of Facebook, Apple, Alphabet and Amazon were called before the House’s Antitrust Subcommittee to defend the vast empires they’ve built. Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg faced questions about how their business practices propelled them into the market-dominant giants they are today. They lead four of the top […]

Zuckerberg unconvincingly feigns ignorance of data-sucking VPN scandal

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 […]

Watch big tech’s CEOs tangle with Congress on antitrust issues and more

Watch big tech’s CEOs tangle with Congress on antitrust issues and more

Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg will defend their companies before the House Antitrust Subcommittee Wednesday in a hearing that will make tech industry history, no matter what happens. Given that tech giants like Amazon, Apple, Google and Facebook are accustomed to answering to no one in particular, collecting four of them […]

Investing in the hidden generation

Investing in the hidden generation

Ilse Calderon Contributor Ilse Calderon is an investor at OVO Fund where she specializes in pre-seed investments across capital-efficient markets. Prior to OVO, Ilse spent a year at Silicon Valley Bank rotating across consumer and software teams. While it’s no secret Hispanics represent unparalleled growth opportunities for the U.S. economy, most startups don’t realize Hispanic […]

Bangladesh regulator orders telcos to stop providing free access to social media

Bangladesh regulator orders telcos to stop providing free access to social media

Bangladesh’s regulator has ordered telecom operators and other internet providers in the nation to stop providing free access to social media services, becoming the latest market in Asia to take a partial stand against zero-rating deals. Bangladesh Telecommunication Regulatory Commission, the local regulator, said late last week that it had moved to take this decision […]

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