Big Tech has become too big to fail, thanks to #coronavirus. #Amazon has been an essential service keeping households supplied during the pandemic. Alliance between #Apple and Alphabet’s #Google on contact tracing is seen as key to reopening economies. https://www.breakingviews.com/considered-view/big-tech-will-emerge-from-virus-too-big-to-fail/ … pic.twitter.com/fPLKtPdECx
breakingviews.com
Big Tech will emerge from virus too big to fail
Amazon is an essential service keeping families supplied in a pandemic. The Apple-Google alliance on contact tracing will aid efforts to reopen economies. Facebook’s reach has disrupted virus disinformation. Their size is an asset in a crisis, making it harder…
#Schuldensuehner : #Google has crammed the top of search results with ads & direct answers, leaving web businesses paying more for online traffic in kind of anti-competitive behavior. Some say the search giant has gone too far. Google recently joined the $1tn-Dollar-Club. https://t.co/8kP12iQtJS https://t.co/3B8qHOeo4H
#Schuldensuehner : Tech is eating the world: Combined market cap of #FANGMAN (#Facebook, #Apple, #Netflix, #Google, #Microsoft, #Amazon, #Nvidia) hit fresh record at $7.6tn as Apple tops $2tn for first time ever. FANGMAN mkt cap now almost equal to combined GDP of #Japan and #India. https://t.co/Z7zCAgRSea
#Schuldensuehner : OUCH! Combined Mkt Cap of #FANGMAN (#Facebook, #Apple, #Netflix, #Google, #Microsoft, #Amazon, #Nvidia) drops $400bn today, equal to GDP of #Norway. https://t.co/lCcIzPmSkV
#Schuldensuehner : In case you missed it. FANGMAN has lost $1.4tn in mkt cap since beginning of Sep w/#Apple quietly down 22.6% from highs, #Netflix down 18.3%, #Nvidia 17.2%, #Facebook 17.1%, #Amazon down 16.8%, #Google 15.9%, #Microsoft down 14%. https://t.co/YmC6qtCwwZ
#Schuldensuehner : US Justice Department will file an antitrust lawsuit alleging that #Google engaged in anticompetitive conduct to preserve monopolies in & search-advertising that form cornerstones of its conglomerate. Lawsuit seeks to break comps grip over search traffic. https://t.co/qOJ93No9yq https://t.co/iEg2MiMB9H
#Schuldensuehner : Mkt cap of #FANGMAN (#Facebook, #Apple, #Netflix, #Google, #Microsoft, #Amazon, #Nvidia) dropped 0.7% this week on disappointing Netflix subscriber numbers and as investors rotating into select value stocks and away from the FANGMAN mega-cap Tech complex. https://t.co/lXuNQ9PCXX
#Schuldensuehner : #Amazon, #Apple, #Google ban Parler app over violent content around Capitol attack. Amazon Web Services plans to stop hosting Parler Sunday. Parler says services may be affected by up to a week. https://t.co/m8QbafzrVC https://t.co/z3hHyCbuOq
https://twitter.com/Schuldensuehner/status/1383334673426776066 The Exponential Age: Thanks to network effects, the value of #Bitcoin is increasing and w/$1.159tn has almost reached the stock market value of a classic network share #Google which is worth $1.5tn. https://t.co/EARuOh7bHH via @Schuldensuehner
Twitter
Holger Zschaepitz
The Exponential Age: Thanks to network effects, the value of #Bitcoin is increasing and w/$1.159tn has almost reached the stock market value of a classic network share #Google which is worth $1.5tn.
https://twitter.com/Schuldensuehner/status/1419424639026147339 In case you missed it: Combined mkt cap of FANGMAN (#Facebook, #Apple, #Netflix, #Google, #Microsoft, #Amazon, #Nvidia) has topped $10tn for the first time ever. https://t.co/75SSDpboeA via @Schuldensuehner
Twitter
Holger Zschaepitz
In case you missed it: Combined mkt cap of FANGMAN (#Facebook, #Apple, #Netflix, #Google, #Microsoft, #Amazon, #Nvidia) has topped $10tn for the first time ever.
https://twitter.com/Schuldensuehner/status/1457726363251716098 Tech is eating the world: Alphabet shares jump to hit $2tn in mkt cap. #Google parent comp is top performer among Big tech this year w/70% gain. https://t.co/sIbgaTD6EC via @Schuldensuehner
Twitter
Holger Zschaepitz
Tech is eating the world: Alphabet shares jump to hit $2tn in mkt cap. #Google parent comp is top performer among Big tech this year w/70% gain.
https://twitter.com/Schuldensuehner/status/1616385431225901058 #Google parent Alphabet plans to cut about 12,000 jobs, more than 6% of its global workforce. With the layoffs, Google joins a host of other tech giants that have drastically scaled back operations amid a faltering global economy. https://t.co/y78MHbOLiR https://t.co/V5fbtIhM1d via @Schuldensuehner
Bloomberg
Google Cutting 12,000 Jobs in 6% Slash to Global Workforce
Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring.
https://twitter.com/Schuldensuehner/status/1618530591485620226 Good morning from Germany, where the German stock market is making up ground. All 40 Dax companies combined are now worth $1.74tn, more than #Amazon or #Google and on a par w/#Microsoft. https://t.co/4G06LyMtn2 via @Schuldensuehner
Twitter
Good morning from Germany, where the German stock market is making up ground. All 40 Dax companies combined are now worth $1.74tn, more than #Amazon or #Google and on a par w/#Microsoft.
https://twitter.com/Schuldensuehner/status/1622722139525619713 #Google CEO tells employees it needs all hands on deck to test ChatGPT rival Bard: ‘A lot of hard and exciting work ahead’ https://t.co/UGqvixSzF3 https://t.co/fokuPHxxIp via @Schuldensuehner
Twitter
#Google CEO tells employees it needs all hands on deck to test ChatGPT rival Bard: ‘A lot of hard and exciting work ahead’ https://t.co/UGqvixSzF3
https://twitter.com/Schuldensuehner/status/1623385758726856706 Looks like #Google is falling behind in the AI race w/Microsoft. Alphabet shares plunge following Google’s A.I. event while Microsoft stock received a flurry of price-target hikes after the company announced its AI-powered Bing search engine and Edge web browser. https://t.co/u81vvEnoLn via @Schuldensuehner
Twitter
Looks like #Google is falling behind in the AI race w/Microsoft. Alphabet shares plunge following Google’s A.I. event while Microsoft stock received a flurry of price-target hikes after the company announced its AI-powered Bing search engine and Edge web…
https://twitter.com/Schuldensuehner/status/1657062877528719365 #Google is catching up to #Microsoft in the race for AI. Google will start experimenting w/a more conversational search engine & has made its AI-powered chatbot available more broadly, comp said at its annual developer conference on Wed. The share price gained 11% this week. https://t.co/fv42OaYXVO via @Schuldensuehner
Twitter
#Google is catching up to #Microsoft in the race for AI. Google will start experimenting w/a more conversational search engine & has made its AI-powered chatbot available more broadly, comp said at its annual developer conference on Wed. The share price gained…