Internet sector contributes $2.1 trillion to U.S. economy: industry group

Australia News News

Internet sector contributes $2.1 trillion to U.S. economy: industry group
Australia Latest News,Australia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. econ...

) and many other firms, released its estimate as the tech sector has come under increasing criticism, with some lawmakers calling for the breakup of major firms and renewed antitrust scrutiny.

In 2015, the Internet Association estimated the sector was responsible for an estimated $966.2 billion, or 6% GDP in 2014.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Convicted Rapist Bill Cosby Owes $2.75M in Legal FeesConvicted Rapist Bill Cosby Owes $2.75M in Legal FeesBill Cosby has nearly completed a full year of his three-to-10-year prison sentence for drugging and sexually assaulting former Temple University employee Andrea Constand in 2004. He also, it turns out, owes lawyers $2.75 million.
Read more »

Exclusive: Saudi Aramco lures sovereign funds to hit $2 trillion IPO valuation - sourcesExclusive: Saudi Aramco lures sovereign funds to hit $2 trillion IPO valuation - sourcesState-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), S...
Read more »

Solar sector sees tax credit extension adding $87 billion to U.S. economySolar sector sees tax credit extension adding $87 billion to U.S. economyThe U.S. solar energy industry will add an additional 113,000 jobs and generate ...
Read more »

Splitit is bringing installment solutions to B2B paymentsSplitit is bringing installment solutions to B2B paymentsSplitit added a business-to-business payment platform – allowing it to cash in on the industry's immense value and promote its other products.
Read more »

Credit Suisse defeats lawsuits over huge U.S. 'volatility' crashCredit Suisse defeats lawsuits over huge U.S. 'volatility' crashA U.S. judge on Wednesday dismissed three lawsuits accusing Credit Suisse Group ...
Read more »

7 slides reveal exactly how Best Buy plans to target a profitable piece of the $3.5 trillion US healthcare industry7 slides reveal exactly how Best Buy plans to target a profitable piece of the $3.5 trillion US healthcare industryHere are the key slides that show why Best Buy is moving into healthcare, and how it plans to become embedded in helping care for seniors in the US.
Read more »



Render Time: 2025-03-29 14:33:33