Friday, June 7, 2019

Tech giants don't fit neatly into existing models for antitrust action, since they regularly add new businesses to keep up with tech and provide free services (Alex Kantrowitz/BuzzFeed News)

Alex Kantrowitz / BuzzFeed News:
Tech giants don't fit neatly into existing models for antitrust action, since they regularly add new businesses to keep up with tech and provide free services  —  As federal regulators and Congress zero in on Apple, Google, Facebook, and Amazon, they're about to encounter one of the most difficult rulemaking challenges in US history.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...