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Lean Times, But Fat City For the Big 4 Of High Tech.

Authors :
Daisuke Wakabayashi
Weise, Karen
Nicas, Jack
Isaac, Mike
Source :
New York Times. 7/31/2020, Vol. 169 Issue 58771, pB1-B4. 2p.
Publication Year :
2020

Abstract

The article reports on the positive quarterly financial performance of technology companies Amazon, Facebook, Apple, and Alphabet following their hearing appearance at the U.S. House of Representatives on July 29, 2020. Topics mentioned include concerns over the market power and business practices of the four companies, an increase in sales of Amazon by 40 percent, and a drop in the U.S. gross domestic product by 9.5 percent in the second quarter of 2020.

Subjects

Subjects :
*HIGH technology

Details

Language :
English
ISSN :
03624331
Volume :
169
Issue :
58771
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
144859210