financetom
Business
financetom
/
Business
/
Tech CEOs summoned to Capitol for June hearing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tech CEOs summoned to Capitol for June hearing
May 15, 2026 6:53 AM

May 15 (Reuters) - The CEOs of Meta, Alphabet

, TikTok and Snap have been invited back to

Capitol Hill for a broad oversight hearing in June, according to

a Senate aide.

Senate Judiciary Chairman Chuck Grassley, a Republican,

invited Meta's Mark Zuckerberg, Alphabet's Sundar Pichai,

TikTok's Shou Zi Chew and Snap's Evan Spiegel, said Hannah Akey,

a spokeswoman for Grassley.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Anil

D'Silva)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
U.S. tech megacaps slide as SpaceX extends slump, AI expense concerns grow
U.S. tech megacaps slide as SpaceX extends slump, AI expense concerns grow
Jun 22, 2026
June 22 (Reuters) - Shares of U.S. technology megacaps tumbled on Monday as SpaceX fell for the third straight session and hyperscalers Alphabet and Amazon ( AMZN ) looked set to lose billions of dollars in market value, driven by AI spending concerns. SpaceX slid over 10% after last week's blistering post-IPO rally. The Elon Musk-led firm said it is...
SEACOR Marine Shareholder Urges Board to Explore Strategic Alternatives
SEACOR Marine Shareholder Urges Board to Explore Strategic Alternatives
Jun 22, 2026
12:28 PM EDT, 06/22/2026 (MT Newswires) -- SEACOR Marine ( SMHI ) shareholder Jorey Chernett urged the board on Monday to explore strategic alternatives, including a potential sale of the company or dual-track fleet sale. The shareholder, with a 7.2% stake in the company, highlighted discount to net asset value, structural value dislocation and also outlined a sequential strategy to...
SpaceX to Reportedly Grant Reflection AI Access to Computing Infrastructure in $6.3 Billion Deal
SpaceX to Reportedly Grant Reflection AI Access to Computing Infrastructure in $6.3 Billion Deal
Jun 22, 2026
12:27 PM EDT, 06/22/2026 (MT Newswires) -- Space Exploration Technologies ( SPCX ) agreed to grant Reflection AI access to the rocket and satellite company's computing infrastructure for up to $6.3 billion, CNBC reported Monday. Under the deal, Reflection, an open-source artificial intelligence startup, will pay $150 million per month to SpaceX for using Nvidia's ( NVDA ) GB300 chips...
U.S. tech megacaps slide as SpaceX extends slump, AI expense concerns grow
U.S. tech megacaps slide as SpaceX extends slump, AI expense concerns grow
Jun 22, 2026
June 22 (Reuters) - Shares of U.S. technology megacaps tumbled on Monday as SpaceX fell for the third straight session and hyperscalers Alphabet and Amazon ( AMZN ) looked set to lose billions of dollars in market value, driven by AI spending concerns. SpaceX slid over 10% after last week's blistering post-IPO rally. The Elon Musk-led firm said it is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved