US News

Big Tech rolls on as investors shrug off regulatory pressure

Published by

Washington (AFP) – Pressure is rising on Big Tech firms, signaling tougher regulation in Washington and elsewhere that could lead to the breakup of the largest platforms. But you’d hardly know by looking at their share prices. Shares in Apple, Facebook, Amazon and Google parent Alphabet have hovered near record highs in recent weeks, lifted by pandemic-fueled surges in sales and profits that have helped the big firms extend their dominance of key economic sectors. The Biden administration has given signs of more aggressive regulation with appointments of Big Tech critics at the Federal Trade C…

Read More

Facebook Comments

Check Also

Maloney, Nadler ask NYC mayors what they knew about health hazards at ground zero

Published by New York Daily News What did ...