User Tools

Site Tools


Big Tech

See Censorship by Big Tech, Surveillance State, Communism-Socialism, History

The biggest winners in the burgeoning Surveillance State of inseparably allied Big Tech/Big Government big data privacy mining are the autistic authoritarian busybodyelitists” of Googlag-Facebook-Twitter-Amazon-Microsoft-Apple.

In order of their level of spying on every aspect of their “customers” lives:

Apple is somewhat privacy respecting compared to the other previous 5 tech giants:

Snippet from Wikipedia: Big Tech

The term "Big Tech" has been used in journalism to refer to the largest companies in the information technology industry.

By the end of the 2010s, five American technology companies – Apple, Microsoft, Alphabet, Amazon, and Facebook – were the most valuable public companies globally after Saudi Aramco. These companies have been the center of regulatory pressure from the Department of Justice and Federal Trade Commission because of concerns over monopolistic practices. On the other hand, by providing cheap or even free services to consumers, they remain popular.

Other big technology companies on a global scale include Samsung, Intel, IBM, Cisco Systems, Tencent, and Oracle. Along with the above list (minus Amazon), they completed the list of top ten technology companies in the world at the end of the 2010s, according to the Forbes Global 2000 list published in 2019, an evaluation based on annual sales, profit, assets, market capitalization, and overall market valuation (Amazon and Alibaba were considered retail companies by Forbes).

In the 21st century, the biggest American technology companies have replaced energy giants such as Exxon Mobil, BP, Gazprom, PetroChina, and Royal Dutch Shell at the top of the NASDAQ stock index. They have also outpaced media conglomerates such as Disney, AT&T, Comcast, and 21st Century Fox by a factor of 10. In 2017, the five biggest American IT companies had a combined valuation of over $3.3 trillion, and made up more than 40 percent of the value of the Nasdaq 100.

Media commentators have argued that it is "almost impossible to function" without using Internet services created by the five biggest tech companies. Some have also raised the issue of regulating their influence in the areas of privacy, market power, free speech and censorship, and national security and law enforcement.

big_tech.txt · Last modified: 2020/03/12 18:40 (external edit)