pichai. google's own documents, numerous interviews with companies affected by this content show google did just that. which is very disturbing and very anti-competitive. in addition to stealing content google began to privilege its own sites. a investigative report published just yesterday, 63% of web searches start on google also end somewhere on google's own websites. to me that is evidence that google is increasingly a walled garden keeps users on google sites even if google doesn't have the most relevant information and catastrophically economically for other companies on line. my time is running out, mr. pichai. the evidence is very clear to me, as google became the gateway to the internet. it began to abuse its power. it used surveillance over the internet to identify threats and crush them t dampened innovation and brings growth and increased dramatically access to users on internet virtually any gist that wants to be found on the web must pay google a tax. with that i recognize the r

pichai. really, mr. pichai, google's business model is the problem. they evolved from turnstile to rest of the web, to wall guard increasingly keeps users within its sites. emails show that decade ago google started to fear competition from different websites, web pages that could divert search traffic from google. they show the google's discussed proliferating threat these web pages posed to google. any traffic lost to other sites was a loss to google's revenues. that certain websites were getting quote, too much traffic. so google decided to put an end to that. mr. pichai, you have been at google since 2004. were you involved in the discussions with threat of toe google search. >> i'm not really clear of the context but definitely when we look at vertical searches it validates the competition we seek. for example, when users come looking to shop online, independent studies show that over 55% of product searches originate with amazon and over 70% originate with the major e-commerce companies

pichai, thank you so much for that. i am concerned that google's bait and switch with double click part of the broader pattern where google buys up companies for the purposes of surveilling americans, and because of google's dominance, users have no choice but to surrender or. in 2019 google made over 80% of its total revenue through selling of ad placement, is that correct, mr. pichai? >> in a majority of -- >> [inaudible] okay. and because google sells behavioral ads, ads targeted to each of us as individuals, the more user data google collects, the more money google can make. more user data means more money, is that correct? >> in general, that's not true. for example -- >> the more user data, not the more money google collects? >> [inaudible] >> i'm sorry, please. you're saying that the more user data does not mean the more money that google can collect. >> congresswoman, most of the data today we collect is to help users and provide -- [inaudible] >> okay. thank you so much -- >> [inaudible] >> mr. chairman, i yiel

that is a lot of money, mr pichai. let me move on. it isa of money, mr pichai. let me move on. it is a google's business model that is the problem. our documents showed google evolved from a turnstile to the rest of the web to a world garden that increasingly keeps users within its size. e—mail showed that over a decade ago google started to fear competition from certain websites that can divert traffic from google, and google staff discussed the proliferating threat is how it was described that these web pages posed to google and any traffic lost to other sites was a loss in revenue. 0ne traffic lost to other sites was a loss in revenue. one of google's members observed that certain websites were getting "too much traffic" so google decided to put an end to that. i do, you have been acting since 2004, were you involved in these discussions about the threat? without knowing the specifics, i am threat? without knowing the specifics, iam not threat? without knowing the specifics, i am not fully clear of the context, but definitely, when you look at search as it validates the co

pichai? >> congressman, as you rightly pointed out there is an area where we have focused on user privacy and users clearly don't want to be tracked with third party cookies. other browser user apple, foundations implemented these changes. we are doing it thought fully giving time for the industry to adapt, because we know publishers depend on revenue in this area but it is an important change and we have to be focused on privacy to drive the change forward. >> but you have other ways of collecting that information, correct? >> on our first party services, you know, we don't rely on cookies and obviously when people come and type into search -- >> i'm not asking you to rely on cookies, i'm asking do up other ways of collecting it with gmail and consumer facing platforms? >> we don't use data from gmail for ads, congressman. to the. stuart: extent on services where we provided as, users have consented to ad personalization, yes we do have data. >> thank you, i yield back. >> gentleman yields b

pichai mr. cook is now recognized for five minutes >> chairman nadler, ranking members simpson and jordan, members of the subcommittee, thank you for the opportunity to offer testimony. before i begin, i want to recognize the life and legacy of john lewis i join you in mourning not only a hero but someone i knew personally whose example inspires and guides me still every american owes john lewis a debt, and i feel fortunate to hail from a state and a country that benefited so profoundly from his leadership. my name is tim cook. i've been apple's ceo since 2011 and a proud employee of this uniquely american company since 1998 at apple, we make ourselves a promise and our customers a promise. it's a promise that we'll only bill things that make us proud as steve put it, we only make things that we would recommend to our family and friends. you can try to define this difference in a lot of ways. you can call it the seamless integration of hardware and software you can call it simplicity design or a

this two sundar pichai of googlelj biased against conservatives. this two sundar pichai of google. i am concerned you are helping joe biden over president trump. we will not do any work to politically tilt anything one way or the other. the political split at times boiled over. i would like to redirect your attention to our natural flow, rather than fringe conspiracy theories. mr chairman, we have the e—mail... what i want to know, when somebody comes after... the gentle lady is recognised. the hearing is still ongoing but the committee has sold are not landed any serious knockouts. the share price of all the companies has picked up since the companies has picked up since the start of the committee. the national trust is planning to make 1,200 people redundant as it looks to save more than £100 million. the charity, which has more than 5.6 million members, shut all of its houses, gardens, car parks, shops and cafes during the coronavirus pandemic. it says, as a result, it's expected to lose more than £200 million. german police in hanover have completed the latest stage of thei

pichai i just want to clarify. the article refers to this data as sensitive data about other apps including how often they are open and for how long they are used. i'm not asking how you use that information, i'm just asking whether or not the article is correct. that you have access to that data. >> yes, with user consent and the apis, we do. it's critical for us to have access to that so we can maintain, this is how we understand and improve resources, use of applications ... >> understood. my time is limited. i want to get to this core question. given that google does have access to that data, does google use that data to develop competing apps? if your answer is no, will google commit to making the necessary changes within its android developer app agreements to ensure that developers have that sense of clarity? that, in fact, the data will not be used for google to develop a competing application. >> congressman, we look at trans and we published a number of results in the booster. we try to understand what's

mr pichai, during the hearing in my home state of colorado i found a story so contrary to free—market principles i thought it must have been straight from the chinese corporate —— chinese, this party corporate —— chinese, this party corporate espionage playbook. a company that relied on your search engine to build its brand and compete, google misappropriated lyrics from genius media group's website and published those lyrics on google's and platform. however genius caught google in the act quite literally red—handed when genius suspected this corporate theft wa5 genius suspected this corporate theft was occurring the company incorporated a digital watermark and i5 lyrics that spell out red—handed, in morse code. google's lyric boxes contain the watermark showing that your company stole what it couldn't or didn't want to produce yourself. after google executives stated they we re after google executives stated they were investigating this problematic behaviour genius created another experiment to determine the scope of the misappropriation and it turned out hundred and 71

this to google‘s sundar pichai. what i'm concerned about it you're helping joe biden over president trump. we won't do any work to politically tilt anything one way or the other. it's against our core values. that political split at times boiled over. and i'd like to redirect your attention to anti—trust law, rather than fringe conspiracy theories. mr bezos, our investigation... bezos: mr chairman, we have the e—mail, there is no fringe... chairman: excuse me! it is not your time! you do not... what i want to know, is when somebody comes after my modus for asking questions, i get a chance to respond. the gentle lady is recognised. the committee hasn't landed any obvious knockouts. the share price of all the companies has in fact picked up since the start of the committee. james clayton, bbc news. let's talk now to dipayan ghosh. i know you're co—director of a project at harvard kennedy school, looking at digital platforms and democracy, and many people will know your terms of disservice, worth noting the subti

pichai talking about growing up in india with little access to a computer to arriving to the u.s. to an entire lab of computers. now in defense of their companies both will argue their size allows them to employee hundreds of thousands of americans, support small business and give back to communities. bezos will touch on a key point about big tech's popularity and trust among consumers. noting that they trust only their doctors and the military over amazon to do the right thing. and indeed, guys, that is why this moment is different than big tobacco in the '90s or banks reckoning after the financial crisis consumers like getting their stuff delivered to their door in just a few days. most don't fuss because google is the search engine because it works. the cracks are starting to show. that's why we're here. amazon still has a counterfeit and price gouging problem, access to third party merchant and cloud data raises questions about its own competing private label products and many google users they don't know any other way because the search engine directs them to google products.

google and youtube are run by sundar pichai. around 90% of internet searches are on google. apple is run by tim cook. the most valuable of the big fourin the most valuable of the big four in the company behind the iphonein four in the company behind the iphone in the software. the question is, do they own a bit too much of the internet? that's what us legislators wanted to find out today. zuckerberg on the hook first and asked whether they simply bought competitors rather than compete with them, notably instagram 7 he accepted they were a competitor. in the growing space of mobile photos and camera apps, they were a competitor. he was also asked whether he wanted to buy google at one point. it will be a while before we can buy google, did you recall writing that e—mail? i do not, but it sounds like a joke. some pretty pointed questions to tim cook of apple, that apple uses its position to hurt businesses. so, we do not retaliate or bully people, it is strongly against our company culture. and the questions got harsher, at one point jeff bezos‘s amazon's treatment of smal

this to google's sundar pichai. what i'm concerned about it you're helping joe biden over president trump. we won't do any work to politically tilt anything one way or the other. it's against our core values. that political split at times boiled over. and i'd like to redirect your attention to anti—trust law, rather than fringe conspiracy theories. mr bezos, our investigation... mr chairman, we have the e—mail, there is no fringe... chairman: excuse me! it is not your time! you do not... what i want to know, is when somebody comes after my modus for asking questions, i get a chance to respond. the gentle lady is recognised. the committee so far hasn't landed any obvious knockouts. the share price of all the companies has in fact picked up since the start of the committee. james clayton, bbc news. the united states is still struggling with covid—i9. latest stats from johns hopkins university show 61,700 new cases of covid—i9 confirmed on tuesday. president trump claims that is because the united states is the

pichai. let me move on. really, mr. pichai, it's google's business model that's the problem. google evolved from a turnstile to a walled garden that increasingly keeps users within its sites. over a decade ago, google started to fear competition from certain websites. these documents show that google staff discussed the proliferating threat that these web pages pose to google. any traffic lost to other sites was a loss of revenue. certain websites were getting, and i quote, too much traffic. so google decided to put an end to that. mr. pichai, you've been at google since 2004. were you involved in these discussio discussions about the threat from vertical search? >> congressman, without knowing the specifics, it's -- you know, i'm not fully clear of the context. definitely, when we look at vertical searches it validates the competition. when consumers shop online, over 55% of product searches originate with amazon. in the few categories which are commercial in nature, we see vigorous competition and we are working hard -- >> let me ask very specifically, the evidence that we

pichai. mr. cook is now recognized for five minutes. >> chairman, ranking member, members of the subcommittee, thank you for the opportunity to offer testimony. before i begin, i want to recognize the life and legacy of john lewis. i join you in mourning not only a hero, but someone i knew personally whose example inspires and guides me still. every american owes john lewis a debt and i feel fortune to hail from a state and country that benefitted from his leadership. my name is tim apple's ceo sinc 2011. >> i now recognize the gentleman from north dakota, mr. armstrong for five minutes. >> google has received criticism about bias from conservatives and content moderation. as a result, a significant portion of the american public has lost trust in your company. a lack of public confidence in a product usually means there's economic harm to the company. but that just isn't in the case with google. so it's a legitimate question as to whether google's market power insulates it. i also think it's a l

this to google's sundar pichai. what i'm concerned about it you're helping joe biden over president trump. we won't do any work to politically tilt anything one way or the other. it's against our core values. that political split at times boiled over. and i'd like to redirect your attention to anti—trust law, rather than fringe conspiracy theories. mr bezos, our investigation... bezos: mr chairman, we have the e—mail, there is no fringe... chairman: excuse me! it is not your time! you do not... what i want to know, is when somebody comes after my modus for asking questions, i get a chance to respond. the gentle lady is recognised. the committee hasn't landed any obvious knockouts. the share price of all the companies has in fact picked up since the start of the committee. james clayton, bbc news. nicholas thompson is editor—in—chief of wired magazine. he joins me live from new york. what were the main takes for you? there is a lot of pressure from all companies on all sides, all parties coming out all of the

sundar pichai from alphabet, google‘s parent company, told the committee... that was released to the head of time. —— ahead of time. now to the hearing. it was done via video link and sundar pichai was questioned first — his company is dealing with multiple antitrust allegations over google‘s online search dominance. it controls about 90% of the search market and is accused of stealing content. here's one exchange between sundar pichar and the chairman. the evidence that we collected shows that google pursued a multipronged attack. first, google begin to steal other webpages‘ content. for example in 2010, google stole restaurant reviews from yelp to bootstrap its own rival local search business. mr pichar, do you know how google responded when yelp asked you to stop stealing their reviews? well, i'll tell you. our investigation shows that google‘s response was to threaten to delist yelp entirely. in other words, the choice google gave yelp was, "let us steal your content or effectively disappear from the web." mr pichar, isn't that anti—competit

google and youtube are run by sundar pichai. around 90% of internet searches are on google. apple is run by tim cook, the most valuable of the big four and the company behind the iphone and its software. the big question is, do they own a bit too much of the internet? that's what us legislators wanted to find out today. thank you. before i begin to lift -- thank you. before i begin to lift —— before i begin... zuckerberg on the hook first and asked whether they simply bought competitors rather than compete with them, notably instagram? he accepted they were a competitor. in the growing space of mobile photos and camera apps, which was growing, they were a competitor. he was also asked whether he wanted to buy google at one point. "it will be a while before we can buy google," did you recall writing that e—mail? congressman, i do not specifically, but it sounds like a joke. some pretty pointed questions to tim cook of apple, that apple uses its position to hurt businesses. this was cook's defence. so, we do not retaliate or bully people, it's strongly against our compan

but we are really -- >>> that, of course, is sundar pichai. >>> we're getting the latest decision on interest rates for the fed. steve liesman has the details. >> maintaining the 0 to 0.25, and saying it will maintain that rate, or that target range until it's confident the economy has weathered recent events. it will -- it's pledging to increase the holdings and mortgage-backed securities to support the economy. economic activity, this is a new addition, it says an employment picked up somewhat in recent months, though these node that both of them, the commission and employment have remained well below levels taken by the federal reserve the path depends of course on the virus it societies the crisis will weigh heavily in the medium term and poses keshl risk, very much a carbon copy, just a couple additions here and from the year, there was one other change that i will tell you about. it was that the path of the economy will depend significantly on the course of the virus. kelly? >> we appreciate it. we're going to welcome in our fed panel. mona hodges, david kelly and jim carron it

pichai, why does google still content from honest businesses? -- steel content from honest businesses? with respect, i disagree with that characterization. just last week i met with many small businesses. today, we support 1.4 million small businesses, over 380 $5 billion in economic activity. many businesses try, even during the pandemic, for example, in texas -- my question is specific. we have heard that google has stolen content. these are consistent reports. so your testimony that that does not happen is really inconsistent with what we have learned during the course of the investigation, but i will move onto a new question. mr. pichai, most americans believe that when they enter a search query that what google shows are the most relevant results. increasingly, google shows whatever is most profitable for google, be it google ads or its own sites. is there not a cu -- fun to middle conflict of interest between -- fundamental conflict between serving users who want to access relevant information and google's business model? mr. pichai: we ha

this to google‘s sundar pichai. what i'm concerned about it you're helping joe biden over president trump. we won't do any work to politically tilt anything one way or the other. it's against our core values. that political split at times boiled over. and i'd like to redirect your attention to anti—trust law, rather than fringe conspiracy theories. mr bezos, our investigation... mr chairman, we have the e—mail, there is no fringe... chairman: excuse me! it is not your time! you do not... what i want to know, is when somebody comes after my modus for asking questions, i get a chance to respond. the gentle lady is recognised. the committee so far hasn't landed any obvious knockouts. the share price of all the companies has in fact picked up since the start of the committee. james clayton, bbc news. it's beginning to feel a bit like the space race again: who will be first to produce an effectivve vaccine against covid—i9? the russian government now says it's on track to approve a coronavirus vaccine in august, we

sundar pichai told the committee , at its heart, a discussion of our competition is a discussion about opportunity. this has never been more important as the pandemic imposes challenges to our health and economy. that was released ahead of time. now to the hearing. it wasone via video links. a company is dealing with multiple antitrust allega'ns over googls online search dominance. it controls 90% of the search markets itcused of stealing content. here is one exchange between sundar pichai and the chairman. >> the evidence we collected shows google pursued a multipronged attack. google began to steal other webpage content, for exame, in 2010, google stole restaurant reviews fm yelp. do you know how google responded when yelp asked you to stop stealing their revie? i will tell you. google's response was to threaten to delist yelp entirely. the choice google gave yelp was, let us steal your coent or disappear from the web. isn'tmp that antiitive? >> congressman, im focused on giving users what they want. we conduct ourselves to the highes standard,taappy to unde the specifics and answer

google and youtube are run by sundar pichai. around 90% of internet searches are on google. apple is run by tim cook. the question is, do they own a bit too much of the internet? that's what us legislators wanted to find out today. zuckerberg on the hook first and asked whether they simply bought competitors rather than compete with them, notably instagram? he accepted they were a competitor. in the growing space of mobile photos and camera apps, they were a competitor. he was also asked whether he wanted to buy google at one point. it will be a while before we can buy google, did you recall writing that e—mail? i do not, but it sounds like a joke. some pretty pointed questions to tim cook of apple, that apple uses its position to hurt businesses. so, we do not retaliate or bully people, it is strongly against our company culture. and the questions got harsher, at one pointjeff bezos‘s amazon's treatment of smaller businesses was compared to eight rug dealer was compared to a drug dealer dealing with a drug addict. you had to get your next fix, your next check. this is o

pichai that process you describe is that manually? >> we can get reports from law enforcement agencies, complying with a known -- >> there's either a manual component or not a manual component. which is it? >> for creating the list, a manual portion. >> that is sort of the concern that i have. you have now said something different than you said -- >> the congressional hearing of the leaders of google, amazon and facebook we will rejoin in a moment but we have some earnings news and some breaking news on qualcomm john has it for us hi, john. >> hey, first of all earnings out, a beat on top and bottom and a guide for the current quarter that's better than some expected equally important, perhaps more important to investors, qal congresswoman entered into a settlement agreement with whaump, a long-term global patent agreement with huawei, includes license, a $1 billion payment for previous license fees not paid and then guidance includes the expectation that huawei under this agreement will continue to pay license fees going forward. i d

but what would you tell congress to push sundar pichai on? >> on exactly that point. is google a search engine that helps you find things on the internet or is google simply a storefront for everything else alphabet offers. for youtube or other properties that google already has, there's a bunch of interesting research that shows that google is sending more and more and more traffic to its own services because they have this monopoly in the front door of the internet. when they have that monopoly it simply means people can't just go gooigle whatever they want t find and expect to find the best thing that's available. no. they will find google's own thing which is also an abuse of power. we are sort of squeezed between all four, although particularly for our business, apple and google, they are squeezing from each side. google is squeezing us to buy advertisement so people can search for basecamp and find our product. apple is asking us if they do find us hey, we want 30% of your revenue. this is really the overall situation congress needs to paint that this is a total

appearing via video link at the trust committee hearings where facebook's mark zuckerberg google some dos pichai apple's tim cook and amazon's just days off members of congress grilled them on market dominance accusing the bosses of violating anti trust loyal. fans for more let's go to our business correspondent yet squatter in new york he hands how did this hearing come abayas. world i mean those companies in that picture and to figure dominating their market places sente because asians are long in the making the investigation started to get more than a year ago and now with the pandemic those digital conglomerates even got to get bigger so the question is if they're misusing bear market power if they're hindering their competition and was that if there is a blocking innovation certainly here in the united states. and how have the c.e.o.'s been defending themselves against those allegations yes. well partly here they play to their patriotic care card to but they also don't play their size and just base off from him and then for example he was very emotional stop it i would call said to grow up

via video link at the antitrust committee hearings where space folks mark zuckerberg google some das pichai apple's tim cook and amazons just days off members of congress grilled them on market dominance accusing the bosses of violating and t. trust loyal. fans for more let's go to our business correspondent yan squat in new york can see how did this hearing come abayas. well i mean those companies in that picture and chip big are dominating their market places send people because asians are long in the making to investigation started to be more than a year ago and now with the pandemic those digital controller it's even got to be bigger so the question is if they're misusing bear market power if they're hindering their competition and was that if there is a blocking and innovation segment here in the united states. and how have the c.e.o.'s been defending themselves against those allegations against. well partly here they play to their patriotic care card to but they also don't play to their size and just base off from him and then for example he was very emotional and started to how it wa

america's tech titans are on the defensive facebook's mark zuckerberg alphabets sundar pichai amazon's jeff bezos and apple's tim cook all face the virtual grilling on capitol hill lawmakers say the c.e.o.'s and their companies are abusing their position and crippling the competition many of the practices used by these companies have harmful economic effects they discourage entrepreneurship destroy jobs high cost and degrade quality simply put they have too much power what for hours these big tech c.e.o.'s addressed allegations including abuse of power by data survey lines and political censorship why does google steal content from honest businesses i disagree with that characterization just last week or many many small businesses in fact today we support one point $4000000.00 small businesses are supporting over $385000000000.00 and they are economic activity amazon has nearly 7 times the market share of its closest e-commerce competitor one seller told us that and i quote amazon continues to be the only show in town no matter how angry sellers get they have nowhere else to go so are

are stifling competition appearing via video link mark zuckerberg of facebook joint google's sundar pichai apple c.e.o. tim cook and amazon boss jeff bezos all answering questions from members of congressional and the congressional antitrust panel they were grilled on market dominance and alleged violations of anti trust laws. let's get more from the business reporter yan's quarter in new york yes the most powerful the most influential u.s. tech c.e.o.'s what have you heard from them well i mean they definitely said talvi luff they are their customers especially jeff bezos but also to cook made those cases and then jeff bezos for example he sounded very emotion the telling about how he grew up that his mom actually gave birth. when she was 17 years old and all of them tried to downplay how big they are but maybe it might be best if we just briefly listen in what those 4 top c.e.o.'s have to say themselves of the 10 most valuable company is a decade ago only 3 still make that list today and if you look at where the top technology companies come from a decade ago the vast majority were ameri

are stifling competition appearing via video link mark zuckerberg of facebook joined google's sundar pichai apple c.e.o. tim cook and amazon boss jeff bezos all as ring questions from members of the congressional antitrust panel they were grilled on market dominance and alleged violations of antitrust law. let's get more from the business reporter yens quarter in new york the most powerful the most influential u.s. tech c.e.o.'s have you heard from. well i mean they definitely said talvi luff they are their customers especially jeff bezos but also to him made those cases and then just basis for example he sounded very emotion the telling about how he grew up that his mom actually gave 1st. when she was 17 years old and all of them tried to downplay how big they are but maybe it might be best if we just briefly listen in what those 4 top c.e.o.'s have to say themselves of the 10 most valuable company is a decade ago only 3 still make that list today and if you look at where the top technology company has come from a decade ago the best majority were american today almost half are chinese we

but sundar pichai got 30 questions and cook got 12. guy, i don't know what you walked away with in terms of who got the most heat. i guess it doesn't matter in the end as these guys have mentioned because the stocks are not doing anything >> yeah, i don't think it matters. if anything it just reinforced why the companies are so profitable and why their stocks do go higher they just made the case for them in the questions that they asked. the hypocrisy is what strikes me as most of the congress men and women will go home in their cars and google or use facebook to see how they did with their line of questioning and they'll wind up with their apple phones in their hands to the front porch and get their amazon boxes like we all do, by the way so the entire thing is folly and theater and we've talked about that the stocks are valuable for a reason i don't think anybody walked away with it injured i don't think anybody did any disservice to their companies and i think the theater that we typically see was on display again. >> it is amazing,

via video link at the antitrust committee hearings where face book's mark zuckerberg google some dos pichai apple's tim cook and amazon's just days aust members of congress grilled them on market dominance accusing the bosses of violating anti trust lol. for more let's go to our business correspondent yes squatter in new york can see how did this hearing come abayas. well i mean those companies. pick and ship big are dominating their market places sente because asians are long in the making the investigation started to be more than a year ago and now with the pandemic those digital conglomerates even got to get bigger so the question is if they're misusing bear market power if they're hindering a competition and was that if there is a blocking innovation certainly here in the united states. and how the c.e.o.'s be defending themselves against those allegations against. well partly yet they play to the country all they care card to but they also don't play fair sized and just based off from him and then for example he was very emotional and started to how it was said to grow up with his mom

sundar pichai from alphabet — google‘s parent company — told the committee... now to the hearing. it was done via video link and sundar pichai was questioned first — his company is dealing with multiple antitrust allegations over google‘s online search dominance. it controls about 90% of the search market and is accused of stealing content. here's one exchange between sundar pichar and the chairman. the evidence that we collected shows that google pursued a multipronged attack. first, google begin to steal other webpages‘ content. for example in 2010, google stole restaurant reviews from yelp to bootstrap its own rival local search business. mr pichar, do you know how google responded when yelp asked you to stop stealing their reviews? well, i'll tell you. our investigation shows that google‘s response was to threaten to delist yelp entirely. in other words, the choice google gave yelp was, "let us steal your content or effectively disappear from the web." mr pichar, isn't that anti—competitive? congressman, when i run the company, i'm really focused on giving users what

america's tech titans are on the defensive facebook's mark zuckerberg alphabets sundar pichai amazon's jeff bezos and apple's tim cook all face the virtual grilling on capitol hill lawmakers say the c.e.o.'s and their companies are abusing their position and crippling the competition many of the practices used by these companies have harmful economic effects they discourage entrepreneurship destroy jobs high cost and a great quality simply put they have too much power for hours these big tech c.e.o.'s addressed allegations including abuse of power data survey links and political censorship why does google steal content from honest businesses i disagree with that characterization just last week i made many small businesses in fact today the support of one point $4000000.00 small businesses are supporting over $385000000000.00 and they are economic activity amazon has nearly 7 times the market share of its closest e-commerce competitor one seller told us that and i quote amazon continues to be the only show in town no matter how angry sellers get they have nowhere else to go so are you s

mr pichai, you are now recognised for five minutes. thank you, mr chairman. before i start, i know this hearing was delayed because of the ceremonies to honour the life of your colleague john lewis. because of his courage as well does a better place. he will be deeply missed. at its heart, this discussion of petition is about opportunity. it has never been more important as the global pandemic forces jewel challenges to our health and economy. expanding access to...i health and economy. expanding access to... idid health and economy. expanding access to... i did not have much access to a computer growing up in india, so you can imagine my amazement when i arrived in the us for graduate school and that an entire lab of computers to use. accessing the internet for the first time set me ona internet for the first time set me on a path to bring technology to as many people as possible. inspired me to build a google‘s first browser chrome. i am to build a google‘s first browser chrome. iam proud to build a google‘s first browser chrome. i am proud 11 years l

sundar pichai will talk about free services, maps and gmail. those are key to keeping main street open and online during the pandemic saying this, nearly 1/3 of small businesses owners say without digital tools they would have to close all or part of their businesses during covid. lastly we'll hear from facebook's mark zuckerberg who will make the case he should not be the one making the tough call over what type of products and political ads or discussions are moderated on the site. they want one rule from regulators over when and how content gets moderated. we'll hear from that. stuart, this is about antitrust. we'll hear from sources. hear a lot about censorship and accusations over apple's manufacturing footprint in china. stuart: we'll hear a lot of them being filthy rich. that will come up. there will be nasty questions from the left. hillary, thank you very much indeed. this is interesting news. big news, actually. pending home sales numbers, very important for the real estate market. what have we got, susan? susan: very bullish in the m

pichai, i'm worried about google's market power, how it concentrates that power, and ultimately how it wields it. project maven was a collaboration between google and the department of defense, citing ethical concerns, and you made the decision to pull out of that following receipt of the letter from thousands of your employees, saying that google should not be in the business of war. my question, mr. pichai, is due to you weigh the input from your employees when making that decision to abandon that judge with the united states military? >> congressman, thanks for your concern. we are deeply committed to supporting the military and the u.s. government. we have undertaken many projects. we do take them into confidence. making decisions on a variety of factors. as a company, we were new in the cloud space at that time. >> thank you, that is a sufficient answer. you did take their feedback into account, and in fact, some have recently sent you a letter in which they asked you to exit partnerships as a consequence of ethical concerns. they've asked you to stop doing business with american

in separate statements jeff bezos, mark zuckerberg and sundar pichai all emphasized competition their families face as well as contributions to the u.s. economy. take a look at big-tech stocks ahead of big show this morning as you can see they are higher across the board. another big day for earnings, futures searching for direction as we await big names investors are weighing on boeing, general dynamics, all expected to report second-quarter rules before the opening bell this morning, we will have all the numbers when they hit the tape. joining us business dagen mcdowell, real clear politics white house reporter philip and fox news contributor scott martin. great to see everybody this morning, thank you so much for being here. >> hey, guys. >> good morning. maria: bryce, let me kick it off with you. we are expected to hear from the federal reserve today after 2-day meeting. what are your expectations from the fed. we know that rates are expected to stay at these levels until 2024, i believe. >> yeah, when fed chair jarome powell is in press conference will talk about justification of

the ceos are jeff bezos of amazon.com, tim cook of apple, sundarar pichai of google and mk zuckerberg of facebook. the hearing is part of investigations by the house just dish yar committee. it's been looking into whether the four firms violated antitrust law. the chief executives are expected to be grilled on their business practices including whether they've made a monopoly of technologies or data. attention is going to be focused on the firm's role in the economy, especially amid the coronavirus pandemic. >>> britain's foreign secretary is urging china to rebuild trust with the international community. relations between the two countries have soured since bebeijing introduced its nation security law in hong kong. dominic raab told his chinese counterpart wang yi over the phone that britain will closely watch the legislative council in september. he also said beijing must uphold obligations in home to many of the uighur muslim minority. britain suspended extradition treaty with hong kongng afterhe national security law started. it also plans to cut chinese telecom giant huawei from

and sundar pichai of google they are as we speak answering questions from house of representatives lawmakers about their business practices the fourth you always. are at testifying remotely according to the chairman off the investigating commimittee they have too much power google f examample hasas been slammed. fr steering traffic to its own search pages and products apple was grilled. for exerting. on fair dominance over up. in its apps store but t tech johnhn wee quick to defend their broader role. let's take a listen to facecebook's mark zuckerberg web pages that could divert search. i'm proud of that we've given people who've never had a voice before the opportunity to be heard. and given small businesses access to tools. the only the largest players used to have. since coated emerged route that people use our services to stay in touch with friends and family they can't be with in person and to keep their small businesses running online when is a cool stores are closed. that kind of a gorgeous sunny is follllowing that s story a a forest in washington eararlier she had ths to say about

on monday, amazon's jeff bezos, facebook's mark zuckerberg, sundar pichai of google and apple's tim cook appear before the subcommittee on anti-trust, commercial and administrative law, as they examine dominance of online platforms and market power. live coverage begins at monday noon eastern at seespan 2. tuesday at 10:00 a.m. eastern, william barr appears before the general oversight of the justice department hearing. watch live hearing coverage monday on c-span 2 and tuesday on c-span3. watch any time on c-span.org or listen on the c-span earlier app. >> kevin mccarthy earlier today held a news conference at the capitol and talked about the upcoming house agenda and future kr coronavirus relief legislation. this is 20 minutes.

amazon's jeff bezos, apple's tim cook, facebook's mark zuckerberg, and google's sundar pichai were confronted with charges of stifling competition and political bias. cbs' nancy cordes joins us now from the capitol. so, nancy, how did these c.e.o.s respond? >> reporter: norah, they insisted their companies are not corporate bullies that buy out, copy, or destroy their rivals. amazon's c.e.o., jeff bezos, in his first congressional appearance, insisted that there are plenty of shopping options out there, even though it's now estimated that amazon controls 44% of u.s. e-commerce. this was a high-stakes appearance for all four of these companies. they're facing antitrust investigations here and abroad, and there are some in congress, norah, who think they should be broken up. >> o'donnell: and what about the questions when it comes to political bias? what did they say? >> reporter: republicans expressed concern that the president and his son may have been penalized on social media this week for sharing that video that contained false claims about coronavirus. well, facebook c.e.o. mark zuckerber

amazon's jeff bezos, apple's tim cook, facebook's mark zuckerberg, and google's sundar pichai were confronted with charges of stifling competition and political bias. cbs' nancy cordes joins us tonight from capitol hill. so, nancy, how did these c.e.o.s respond? >> reporter: norah, they insisted their companies are not corporate bully that systematically buy out, copy, or destroy their rivals. amazon's c.e.o., jeff bezos, in his first congressional appearance, insisted that there are plenty of shopping options out there, even though it's now estimated that amazon controls 44% of u.s. e-commerce. this was a high-stakes appearance for all four of these companies. they're facing antitrust investigations here and abroad, and there are some in congress, norah, who think they should be broken up. >> o'donnell: and what about the questions when it comes to political bias? what did they say? >> reporter: right. republicans expressed concern that the president and his son may have been penalized on social media this week for sharing that video that contained false claims about coronavirus. well, faceb

amazon's jeff bezos, apple's tim cook, facebook's mark zuckerberg, and google's sundar pichai were confronted with charges of stifling competition and political bias. from the capitol. so, nancy, how did these c.e.o.s respond? >> reporter: norah, they insisted their companies are not corporate bullies that buy out, copy, or destroy their rivals. amazon's c.e.o., jeff bezos, in his first congressional appearance, insisted that there are plenty of shopping options out there, even though it's now estimated that amazon controls 44% of u.s. e-commerce. this was a high-stakes appearance for all four of these companies. they're facing antitrust investigations here and abroad, and there are some in congress, norah, who think they should be broken up. >> o'donnell: and what about the questions when it comes to political bias? what did they say? >> reporter: republicans expressed concern that the president and his son may have been penalized on social media this week for sharing that video that conedalselaims about ronaviru well, facebook c.o. mark zuckerberg said that his company does prohibit content

themselves and their organisation behind the movement, including amazon's jeff bezos and google‘s sundar pichai. but have these companies been practising what they preach? i wanted to find out, so i decided to do some online shopping. first up, the undisputed heavyweight of online retail, amazon. you may be surprised to see that white power flags are being sold on the platform. they‘re not called ‘white supremacist flags‘ but if you reverse google search it, you will see that they definitely are. now, i‘m a tech reporter. i‘m not an expert in neo—nazi flags. but when i clicked on that flag, something caught my eye. in the frequently bought together box, amazon was suggesting another flag with a symbol i‘d never seen before, so i decided to look it up, and, yeah, it‘s another neo—nazi flag. amazon was suggesting to me content, neo—nazi content, that i didn‘t even know existed. and if i clicked on that flag, i get more nazi stuff suggested, too. some of the comments on these flags are pretty critical. "disgusted" writes one shopper. "this is a neo—nazi flag," says another.

themselves and their organisations behind the movement, including amazon's jeff bezos and google‘s sundar pichai. but have these companies been practising what they preach? i wanted to find out, so i decided to do some online shopping. first up, the undisputed heavyweight of online retail, amazon. you may be surprised to see that white power flags are being sold on the platform. they're not called ‘white supremacist flags' but if you reverse google search it, you will see that they definitely are. now, i am a tech reporter. i'm not an expert in neo—nazi flags. but when i clicked on that flag, something caught my eye. in the frequently bought together box, amazon was suggesting another flag with a symbol i'd never seen before, so i decided to look it up, and, yeah, it's another neo—nazi flag. amazon was suggesting to me content, neo—nazi content, that i didn't even know existed. and if i clicked on that flag, i get more nazi stuff suggested, too. some of the comments on these flags are pretty critical. "disgusted" writes one shopper. "this is a neo—nazi flag," says another. but others a

sundar pichai and apple's tim cook and amazon's jeff bezos they will all face lawmakers question about whether or not their platforms are monopolies and have become too powerful and stifle competition or the 4 companies have a combined value of more than get this 5 trillion dollars. as court of virus cases rise in parts of europe governments are really imposing restrictions just asked people are going on a summer holiday or europe is looking for a more coordinated response as national governments act alone to contain the virus . gets high season for tourism in europe parisian terraces are glowing museums are open again vacationers have returned to the beaches. but with the recent rise in corona virus cases in several european hotspots governments are putting the brakes on holiday making the u.k. reimposed a quarantine on travelers from spain after a reported cases there rose by almost 1000 on monday tourists in barcelona were not happy with the news i think stupidity of the few places i've never met at the beach and see where people are so frightened your so nice to. know that i want t

stifling competition appearing today via video link mark zuckerberg of facebook joined google's sundar pichai and apple's c.e.o. tim cook and amazon boss jeff bezos is all answering questions from members of the congressional antitrust panel they were grilled on market dominance and a wedge violations of antitrust law pulled out the 1st such committee hearing in 2 decades and talk about that now with you to be business reporter he joins me now from new york good afternoon to you yes we've got the most influential and powerful tech titans in the world what do they even say. well i mean the big question clearly is so if they've gotten too big can turn people off congress if different issues with the different companies but one bottom line is just so if those companies are gotten too powerful that they might be hindering competition and was thought that them all till innovation but maybe we could just a minute listen in what those as you always had to say to some of those accusations . of the 10 most valuable company is a decade ago only 3 still make that list today and if you look at where the

amazon's jeff bezos, facebook's mark zuckerberg, apple's tim cook and google's sundar pichai, a group thatud ts richest men. they're expected to face questions over whether they stifle competition. in his prepared statement zuckerberg will tell lawmakers that companies aren't bad just because they're big adding facebook became successful the american way, by starting out with nothing and providing products that people find valuable. zuckerberg telling a senate facebook has a lot of competitors. >> the same service you provide? >> well, we provide a number of different services. >> is twitter the same as what you do? >> it overlaps a portion what have we do. >> you don't think you have a monopoly? >> it certainly doesn't feel like that to me. >> okay. >> reporter: bezos, who has never testified in front of congress before, will focus on his personal background in his prepared remarks calling himself a garage inventor who as a teenager invented an automatic gate closer out of cement filled tires, a solar cooker out of an umbrella and tin foil and alarms made from baking pans to entrap m

sundar pichai facebook c.e.o. mark zuckerberg apple c.e.o. tim cook and one of the richest men in the world amazon c.e.o. jeff bezos so why are these tech companies in the spotlight right now each of them have been accused of going after their competitors and the number of ways that keeps them from growing specifically when it comes to these platforms now and we take a look 1st at apple they have been accused of manipulating their search results on the apple app store in such a way that they intentionally bury competitors in their search results and then they charge significant fees for apps to remain in their store for amazon they have also been accused of stifling 3rd party sellers through search result rankings and by charging large shipping in warehouse fees and it has even been accused of learning from the analytics used by smaller vendors to improve their own product then google has been widely criticized for the way they rank their search results and back in 2017 they were fined 2700000000 dollars by the european commission for pushing