City
Epaper

Facebook shifts quarter results to Thursday owing to Zuckerberg conflict

By IANS | Updated: July 27, 2020 21:40 IST

San Francisco, July 27 Facebook on Monday said it has rescheduled its second quarter results from Wednesday to ...

Open in App

San Francisco, July 27 Facebook on Monday said it has rescheduled its second quarter results from Wednesday to Thursday owing to a conflict as the CEO Mark Zuckerberg is set to testify before the House Judiciary Committee and the Antitrust Subcommittee.

Facebook would now release its financial results after market close on Thursday.

The Facebook Founder and CEO is scheduled to provide testimony before the House Judiciary Committee on July 29.

The panel is set to grill tech giants Amazon, Apple, Facebook and Google.

The US House of Representatives' Judiciary Committee would ask the tech CEOs some tough questions over their dominance in their fields of e-retail, smartphone software, social media and Search.

"Since last June, the Subcommittee has been investigating the dominance of a small number of digital platforms and the adequacy of existing antitrust laws and enforcement," House Judiciary Committee Chairman Jerrold Nadler (D-NY) and Antitrust Subcommittee Chairman David Cicilline (D-RI) said in a statement earlier this month.

"Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming. As we have said from the start, their testimony is essential for us to complete this investigation".

The panel announced its antitrust probe into the four tech giants in June last year.

( With inputs from IANS )

Tags: usMark ZuckerbergSan FranciscoFacebookHouse Judiciary CommitteeJerrold NadlerSan francisco bayFacebook connectivity
Open in App

Related Stories

InternationalNorth Carolina Plane Crash: Retired NASCAR Driver Greg Biffle and Family Among Seven Killed in Statesville Jet Crash

International'Warrior Dividend': Donald Trump Announces $1,776 Christmas Bonus to Active US Soldiers

BusinessUS Stock Exchange Nasdaq Moves Toward 24-Hour Trading, How Will Impact on Indian Share Market

BusinessIndia’s November 2025 Exports Hit Three-Year High Despite US Tariffs

InternationalUS: Two Elderly People Found Dead at Film Director Rob Reiner’s Los Angeles Residence

Technology Realted Stories

TechnologyCDSCO labs flag 205 drug samples as ‘not of standard quality’ in November

TechnologyReview: Cooking the future with upliance 2.0 - A worthy kitchen upgrade?

TechnologyGovt empowering SC and ST entrepreneurs in MSEs: Minister

TechnologyTelecom PLI clocks Rs 96,240 crore sales in 2025, 5G now covers 99.9 pc of districts

TechnologyFII selling puts pressure on rupee as domestic flows support equities: Report