Big Tech delivers strong profits amid pandemic, political scrutiny

Big Tech delivers strong profits amid pandemic, political scrutiny

Energy Daily

Published

San Francisco (AFP) Oct 30, 2020

Big Tech powerhouses Thursday delivered robust quarterly earnings reports, leveraging the needs of pandemic-hit consumers amid heightened scrutiny of their economic power. Profits were up for Facebook, Amazon and Google-parent Alphabet, while Apple saw a modest dip in earnings on weakness in iPhone sales. The results - showing a combined profit of $38 billion for the four companies - h

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