Business

[This stream is scheduled to begin at 2:00 p.m. ET. If it has not begun at that time, please refresh the page.]

The nation’s largest technology companies will be in the spotlight on Tuesday during a House of Representatives committee hearing that will feature representatives from the news publishing industry.

The president of the News Media Alliance, the editor of the Atlanta Journal-Constitution and the general counsel of Wall Street Journal parent News Corp. are all scheduled to testify before the House Judiciary Committee.

Read more: Congress takes on Big Tech in hearing on anti-competitive behavior among digital giants

The subject of the hearing is the dominance of companies like Facebook, Alphabet‘s Google, Apple and Amazon.

Lawmakers have pledged to kick-start a new era of scrutiny of the tech giants, which have been criticized for reaping much of the financial gain from content produced by journalists as well as for their role in the spread of disinformation on their platforms.

Ahead of the hearing, News Media Alliance published the results of a study that found that Google earned $4.7 billion in revenue last year from the work of news publishers, though the methodology of the study has been questioned. In a statement, Google said the “back of the envelope calculations are inaccurate.”

House Democratic Caucus Chairman Hakeem Jeffries, D-N.Y., said the hearing marks the “beginning of a journey.”

Products You May Like

Articles You May Like

The next big question you need to answer after you decide to retire
There’s a sudden transformation taking place in the stock market and it’s unnerving some investors
JP Morgan puts traders on leave as Justice Department’s criminal investigation continues
‘The most important chart in the world’ offers a warning sign for stocks
Popeyes sold an estimated 1,000 chicken sandwiches a day, doubling store traffic

Leave a Reply

Your email address will not be published. Required fields are marked *