U.S. tech giants (6do encyclopedia)



Introduction

The United States is home to some of the world’s largest and most influential technology companies. Dubbed the “Big Five” or the “Tech Giants,” these companies have a combined market capitalization of over $6 trillion and dominate the global tech industry. They are responsible for many of the products and services that have revolutionized the way we live, work, and communicate.

This article will give an overview of the five companies and their contributions to the tech world.

Apple Inc.

Founded in 1976 by Steve Jobs, Apple Inc. started as a personal computer company but has since transformed into a technology conglomerate. With its innovative products and sleek design, Apple has become a household name, creating loyal followers with each new product release.

Apple’s flagship product, the iPhone, changed the way people communicate and access information, with over 1.5 billion iPhones sold worldwide, making Apple the first publicly traded company to reach a $1 trillion valuation in 2018.

Apple also produces the Mac computer, iPod, iPad, Apple Watch, and Apple TV, and has a significant presence in the music industry through iTunes and Apple Music.

Google

Founded in 1998 by Larry Page and Sergey Brin, Google has become a household name for internet search technology and is now a subsidiary of Alphabet Inc., a holding company for Google and several other Google-owned entities.

Google’s search technology has revolutionized the way people access information on the internet. With more than 3.5 billion daily searches, Google has become the most popular search engine globally.

In addition to search technology, Google offers a wide range of products and services, including Android phones, Google Drive, Google Maps, YouTube, and Google Assistant. Google also invests heavily in artificial intelligence (AI) and owns several AI-driven companies, including DeepMind and Boston Dynamics.

Microsoft

Founded in 1975 by Bill Gates and Paul Allen, Microsoft is a technology corporation known for its popular personal computer operating system, Windows, and software suite, Microsoft Office.

As the world’s largest software maker, Microsoft has had a significant impact on the global technology market. Windows is the most popular desktop operating system worldwide, with more than 1.3 billion active users. Microsoft Office is the most popular productivity software suite globally, with more than 1 billion users.

Microsoft has also ventured into gaming with its Xbox series, and it is also leading the charge in cloud computing with its Azure platform.

Facebook

Founded in 2004 by Mark Zuckerberg, along with several co-founders, Facebook has become the largest social networking site globally.

With over 2.8 billion monthly active users worldwide, Facebook has revolutionized the way people communicate and connect online. Facebook’s massive user base has made it one of the most influential companies on the internet.

Facebook’s other notable services include Instagram, WhatsApp, Oculus VR, and Workplace, a collaboration platform for business teams.

Amazon

Founded in 1994 by Jeff Bezos, Amazon started as an online bookseller but has since expanded into a wide range of products and services, including cloud computing, artificial intelligence, consumer electronics, and grocery retail.

Amazon’s most popular service is its e-commerce platform, where consumers can shop for products from third-party sellers, as well as Amazon’s own brand products. It also produces bestselling e-readers, the Kindle, and has a significant presence in the smart home market with its Alexa-driven product line.

Amazon Web Services (AWS) is the largest cloud computing platform globally, serving businesses of all sizes. AWS has become a top choice for cloud computing infrastructure for many startups and Fortune 500 companies.

Conclusion

The Big Five U.S. tech giants have played a significant role in the development and evolution of technology globally. Apple, Google, Microsoft, Facebook, and Amazon have each created products and services that have become deeply ingrained in our daily lives.

The influence and reach of these companies have made them dominant players in the tech industry, with a growing impact on global society.

As these companies continue to innovate and disrupt, they will undoubtedly shape the future of technology and affect our daily lives in ways we cannot yet imagine.


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Asian hedge funds piled to China education, U.S. AI shares in Q1

Reuters

23-05-16 10:28


Asian hedge funds invested in US-listed stocks of Chinese education companies in Q1 2023 as the sector showed resilience amid challenging market conditions, according to regulatory filings. Greenwoods Asset Management, which is based in Hong Kong, purchased 3.7 million shares of New Oriental's US-listed American depositary receipts and 2.2 million shares of TAL Education. FengHe, headquartered in Singapore, increased its position in TAL and realised profits from New Oriental holdings. The filings also showed investment in the tech industry, particularly US artificial intelligence firms including Nvidia, Meta and Microsoft.

https://www.reuters.com/markets/asia/asian-hedge-funds-piled-china-education-us-ai-shares-q1-2023-05-16/