Google CEO Sundar Pichai warns of competition from TikTok and other Chinese companies


Source: newstechreview.com newstechreview.com

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Sundar Pichai is the head of one of the most successful businesses in the world, one that dominates the online advertising market — but he says that doesn’t mean he can rest on his laurels. At Vox Media’s Code Conference in Beverly Hills, California, Pichai talked about facing a “hyper-intense” market in tech during a period of economic uncertainty. The idea that Google is struggling could also serve as a useful argument at a time when Big Tech critics like Sen. Amy Klobuchar are pushing antitrust legislation that would target the company. “Competition comes from nowhere,” said Pichai, the CEO...