![]() ![]() The name of the game: Merges and acquisitions. And the way to growth is a one-way street. ![]() Second, those are the leading companies that bring sociocultural evolution at a big scale and drive social change at full speed.Īs it usually goes with all businesses around the free-market world, big corps have two options: grow or perish. First of all, the big five tech companies make up as much as 13% of the value of the whole S&P500 by market capitalization. ![]() The acronym, coined by Goldman Sachs, includes these companies for two reasons. Why is it GAFAM (or FAAMG), and not MAGA (Microsoft, Apple, Google, and Amazon) or FAANG (Facebook, Apple, Amazon, Netflix, and Google)? Like with “Big Oil”,” “Big Tobacco”, and “Big Pharma”, “Big Tech” is here to stay and shape today’s society in more areas than just technology. The total value of the tech giants is over $5 trillion. ![]()
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