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Facebook’s Acquisition of Instagram Was Illegal: Rep. Cicilline

Aug.26 — U.S. Representative David Cicilline, a Rhode Island Democrat, discusses his year-long investigation into anti-competitive behavior among big tech companies with Emily Chang on “Bloomberg Technology.”

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Aug.26 — U.S. Representative David Cicilline, a Rhode Island Democrat, discusses his year-long investigation into anti-competitive behavior among big tech companies with Emily Chang on “Bloomberg Technology.”

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10 Comments

10 Comments

  1. Bling The Visual Creator

    August 26, 2020 at 9:43 pm

    First one to comment, yeeeeeeay ????????

    • derty MI QWERTY

      August 26, 2020 at 10:26 pm

      you a sad person ????

  2. ECDCTECH

    August 26, 2020 at 10:02 pm

    Why are people disliking this? He is saying the truth.

    • derty MI QWERTY

      August 26, 2020 at 10:27 pm

      Fecesbook lovers in the stock.. the same naive people invested like fangirl into crApple overhyped tech corps

    • Oliver Berner

      August 26, 2020 at 11:05 pm

      [Feel free to ignore and/or delete the following poorly written, badly formulated unfinished comment.]

      – “Well it seems like Zuckerberg didn’t do anything more illegal in acquiring Instagram than the president, Microsoft or Oracle etc will perhaps potentially be doing against Tik Tok on september 15th. “I” don’t really care personally though “I” don’t use tik tok nor do “I” see value in the app.. In relation to what is missing on market, which most likely will never materialize.” Due to the other “so called competitors”. Who make billions out of ads and users who for example may or may not be creating short-videos of themselves or others “eating hot dogs with chilli sauce” & reacting to it “making a channel, brand”, companies out of it and naming “themselves” influencers, creators… And (mis-(?) using words as “innovation…”

    • ECDCTECH

      August 26, 2020 at 11:18 pm

      derty MI QWERTY I guess so. I own all the major tech stock FAANG but of course he is right.

  3. Justin

    August 26, 2020 at 10:15 pm

    Democrats hate capitalism. We need less government intervention.

    • Oliver Berner

      August 26, 2020 at 10:53 pm

      [Feel free to ignore and/or delete the following poorly written, badly formulated unfinished comment. – “Live long (longer than “life” allows) and prosper (more than “it will” let you)”]

      “Capitalism is sort of by “the regulatory” and unregulated nature as well, due to “human intervention” and “partisan agenda” on behalf of “an entity” often with ulterior motives, “corrupt”. – Look at the competitive way y’all are intending to shut down Tik tok. Sell or “die…” But you ain’t doing “business here” by september 15th.

      IF product A is better than product B, doesn’t really matter – As demonstrated they can shutdown companies and force the parent companies to sell them to domestic actors, like Microsoft. – Imagine if apple was a Chinese company and the president signed an order which forced “Bytedance” to sell for example apple to “Microsoft”. What if Google was forced to sell Youtube in China to Alibaba.. Or Facebook be forced to sell Instagram to Tencent By order and decree from president Xi Jinping. that isn’t very competitive now is it. . What if every nation did that while “stealing proprietary technology and userbase of the original company. – See Capitalism is sort of like a Van Gogh painting completely worthless, until the point when someone re-evaluates the product – to “make a killing” even if the original creator didn’t get a cent. Then maybe when the painter is all dead and gone its time for “an IPO”. While Ms. “Betty McNabb” painted equally as good but has a lower valuation and is kept unknown until her untimely demise. Two contending products which by default, dead mr. Van Gogh in the end will always “win” due to price jacking. (…) And market speculators estimating and attributing value to his canvas which no other living being will match, as long as they have a say in the matter. – Marketing team puts B in the front and no one hears of A because algoritms filter out A and traditional media doesn’t feature A, as well as “the industry”.

      “What does competition mean? In a two party system, c’mon! – Anti-competitive behaviour, well did they observe governments? Haven’t they been in a court room. Have they.. Anyone seen cops being open to being questioned, criticised or overruled by independent entities. Competition or is it bullying, monopoly and competition policy…” (…) – “How often do they answer truthfully…”

    • ECDCTECH

      August 26, 2020 at 11:19 pm

      Lmao this ain’t a problem with Capitalism.

  4. Normalized Audio

    August 26, 2020 at 10:58 pm

    Bezos forgot his diapers.

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Bloomberg Technology

SK Hynix Starts Trading on Nasdaq, Opens 14% Above Offer Price | Bloomberg Tech 7/10/2026

Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the…

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Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the rest of the US chip sector.
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SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook…

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Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook for AI demand and his US investment plans.
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SK Chairman Says He Has ‘Much, Much Bigger’ Plans for US

Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.”
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