Good morning from the Financial Times. Today is Thursday, July 30th.

And this is your FT news briefing.

Lawmakers grill big tech chiefs over antitrust concerns.

Qualcomm shares soared up to a record. tech chiefs over antitrust concerns.

Qualcomm shares soared up to a record high

in after hours trading yesterday,

and the Federal Reserve stands pat on its monetary policy.

Plus 1MDB was a multi-billion dollar scandal. So how did Goldman Sachs walk away

relatively unscathed? I'm Mark Filipino. Here's the news you need to start your day.

The leaders of Apple, Facebook, Amazon, and Alphabet spent most of yesterday answering

to Congress.

Sometimes the questions were big, like did Facebook buy Instagram to lock up the market?

Sometimes they were small.

Like why isn't a congressman's parents getting his campaign emails in their Gmail account?

Here with the big takeaways is the FT's west coast editor Richard Waters.

Although this was an antitrust hearing most of the Republicans who showed up came

with an agenda that had to do with anti-conservative bias.

You know, they distrust, particularly Google and Facebook.

They think that, you know, these platforms are

operating in favor of liberals. What was remarkable in many ways for me was that

something quite coherent came out of it. Oh really? Okay so I guess what stuck out in

your mind then? You know, I think going into this,

...