July 30, 2020

Big Tech firms see robust results in pandemic-hit quarter

San Francisco (AFP) – Big Tech firms delivered robust results Thursday, highlighting the lifeline they have provided during the pandemic as well as their extraordinary economic power which was the subject of an intense congressional hearing a day earlier.The results from Apple, Amazon, Facebook and Google parent Alphabet — ironically the same firms whose chief executives were in the spotlight at an antitrust hearing in Congress this week — were largely better than expected.The reports illustrated the importance of social networks, digital content and connected devices to pandemic-hit consume…

source https://this.kiji.is/en/661682258676040801?c=648607265489716321

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