Why Big Internet Companies Are Increasing R&D Spending

RBC Capital Markets Managing Director Mark Mahaney discusses why companies like Facebook, Amazon and Alphabet are accelerating their investment spending. He speaks on “Bloomberg Technology.” (Source: Bloomberg)

Full Show: Surveillance (08/16)
26:00 - Bloomberg Surveillance hosted by Tom Keene, Guy Johnson, and Anna Edwards. Guests include Cees 'T Hart, chief executive officer at Carlsberg Group, Greg Valliere, chief global strategist at Horizon Investments, and Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey. (Source: Bloomberg)
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