Bulletin
Investor Alert

Capitol Report Archives | Email alerts

July 16, 2020, 12:19 p.m. EDT

Barr blasts Apple and Google as ‘all too willing’ to cooperate with China

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Alphabet Inc. Cl C (GOOG)
  • X
    Alphabet Inc. Cl A (GOOGL)
  • X
    Microsoft Corp. (MSFT)

or Cancel Already have a watchlist? Log In

By Robert Schroeder, MarketWatch


Associated Press
Attorney General William Barr.

Attorney General William Barr on Thursday said U.S. technology companies including Apple and Google have been “all too willing” to collaborate with China’s Communist Party, as he tore into that country’s leaders in a fiery speech.

Speaking at the Gerald Ford Presidential Museum in Grand Rapids, Mich., Barr said that “over the years, corporations such as Google /zigman2/quotes/205453964/composite GOOG +0.23% /zigman2/quotes/202490156/composite GOOGL +0.46% , Microsoft /zigman2/quotes/207732364/composite MSFT -1.20% , Yahoo and Apple /zigman2/quotes/202934861/composite AAPL -0.93%  have shown themselves all too willing to collaborate with the CCP.”

He listed as an example Apple’s removal of the Quartz news app from its app store in China, following a Chinese government complaint .

The criticism of U.S. companies came amid a broad speech on China, in which Barr said the Chinese Communist Party was seeking to “make the world safe for dictatorship” and accused China of waging an “economic blitzkrieg” against the U.S. in a bid for global dominance.

As the U.S. presidential election nears, China appears to be increasingly in U.S. crosshairs. Last week, FBI Director Chris Wray said China was trying to “compromise” American companies and institutions doing COVID-19 research.

President Donald Trump, meanwhile, has said he has no plans to speak with Chinese President Xi Jinping, whom he had previously described as a friend.

/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 2,321.41
+5.25 +0.23%
Volume: 992,416
May 17, 2021 4:00p
P/E Ratio
30.91
Dividend Yield
N/A
Market Cap
$1539.11 billion
Rev. per Employee
$1.35M
loading...
/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,288.92
+10.54 +0.46%
Volume: 1.08M
May 17, 2021 4:00p
P/E Ratio
30.47
Dividend Yield
N/A
Market Cap
$1539.11 billion
Rev. per Employee
$1.35M
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 245.18
-2.97 -1.20%
Volume: 24.97M
May 17, 2021 4:00p
P/E Ratio
33.37
Dividend Yield
0.91%
Market Cap
$1868.96 billion
Rev. per Employee
$877,393
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 126.27
-1.18 -0.93%
Volume: 74.24M
May 17, 2021 4:00p
P/E Ratio
28.33
Dividend Yield
0.70%
Market Cap
$2126.84 billion
Rev. per Employee
$1.86M
loading...

Robert Schroeder is the White House reporter for MarketWatch. Follow him on Twitter @mktwrobs.

This Story has 0 Comments
Be the first to comment
More News In
Economy & Politics

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.