With pandemic-era acquisitions, big tech is back in the antitrust crosshairs – TechCrunch

[ad_1] With many major sectors totally frozen and reeling from losses, tech’s biggest players are proving themselves to be the exception to the rule yet again. On Friday, Facebook confirmed its plans to buy Giphy, a popular gif search engine, in a deal believed to be worth $400 million. Facebook has indicated it wants to…

Powerful House committee demands Jeff Bezos testify after ‘misleading’ statements – TechCrunch

[ad_1] Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from the Wall Street Journal. Specifically, the letter…