Bloomberg Technology
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.”
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 🙄
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.
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.
Normalized Audio
August 26, 2020 at 10:58 pm
Bezos forgot his diapers.