The tech giants dominated the decade. But there’s still time to rein them in | Jay Owens

The tech giants dominated the decade. But there’s still time to rein them in | Jay Owens

4 years ago
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https://www.theguardian.com/commentisfree/2019/dec/25/2010s-tech-giants-google-amazon-facebook-regulators

The 2010s will be remembered for a new era in the development of capitalism, one of mind-boggling scale. Apple, Amazon and Microsoft are closing the decade as the world’s first trillion-dollar companies. Last year, Apple’s revenue was larger than Vietnam’s GDP, while Amazon’s research and development spending alone is almost as much as Iceland’s GDP. Facebook boasts 2.4 billion users, a population larger than that of every continent except Asia.

Related: The dark side of tech: why the Guardian asks tough questions about Silicon Valley