2019-08-18 11:33:00 Sun ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
House Judiciary Committee summons senior executive reps of the tech titans to assess online platforms and their market power. These companies are Facebook, Apple, Microsoft, Google, and Amazon (F.A.M.G.A.).
Congressional committee members focus on whether these tech giants abuse their clout to crush their rivals in social media, e-commerce, software, Internet search, and artificial intelligence. Antitrust scrutiny and tech compliance emerge from the sheer size of F.A.M.G.A. and so remain key bipartisan regulatory issues in America. F.A.M.G.A. represent the cumulative $4+ trillion equity valuation or almost 15% of U.S. stock market capitalization, and also amass $180+ billion in pre-tax profits or 10% of pre-tax profits made by U.S. public companies. In recent years, F.A.M.G.A. have spent billions buying rivals to stifle competition. The major merger deals are:
(1) the $20 billion acquisitions of Instagram, WhatsApp, and Oculus by Facebook;
(2) the $15 billion acquisitions of Whole Foods Market and PillPack by Amazon;
(3) the $45 billion acquisitions of LinkedIn, Skype, GitHub, and Nokia by Microsoft;
(4) the $16 billion acquisitions of DeepMind, Motorola, and Nest by Google; and
(5) the $10 billion acquisitions of Semetric Music, Shazam, and Turi etc by Apple.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-07-07 10:33:00 Saturday ET

The east-west tech rivalry intensifies between BATs (Baidu, Alibaba, and Tencent) and FAANGs (Facebook, Apple, Amazon, Netflix, and Google). These Sino-U.S.
2017-11-29 07:42:00 Wednesday ET

The octogenarian billionaire and activist investor Carl Icahn mulls over steps to shake up the board of SandRidge Energy after the oil-and-gas company adopt
2017-02-07 07:47:00 Tuesday ET

With prescient clairvoyance, Bill Gates predicted the recent sustainable rise of Netflix and Facebook during a Playboy interview back in 1994. He said th
2025-06-28 10:39:00 Saturday ET

Former New York Times science author and Harvard psychologist Daniel Goleman explains why great mental focus serves as a vital mainstream driver of personal
2028-01-31 11:29:00 Monday ET

Today, the major passive index funds, private equity titans, hedge funds, and exchange funds etc combine to reshape Wall Street and several other global fin
2019-12-16 11:37:00 Monday ET

America and China cannot decouple decades of long-term collaboration in trade, finance, and technology. In recent times, some economists claim that China ma