Big Tech CEOs testified before Congress yesterday — here's your full recap:
Amazon CEO Jeff Bezos appears to be making his own playbook in his first congressional testimony.
When Rep. Lucy McBath, D-Ga., presented Bezos with a recording of a former Amazon seller who claimed she was removed from the platform without explanation, Bezos said the anecdote "surprised" him and that he wanted to talk to the former seller who shared her story with the committee. McBath said that was missing the point of a larger problem, though Bezos said he did not believe it was systemic.at a January hearing.
She then asked if Zuckerberg threatened Instagram with its development of a similar product, Facebook Camera, while he attempted to acquire the business. Zuckerberg said he didn't see that as a threat since it was already public the company was working on the product. Rep. Mary Gay Scanlon, D-Pa., pressed Jeff Bezos on Amazon's strategy to beat back competitors by bringing up the company's old, but important, acquisition of Diapers.com.
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