The "FAANG" (Facebook, Apple, Amazon, Netflix, Google) are now near a monopolistic position in their core areas and they are using it to make extra profits. But the are winds of war, e.g. Apple disallowing
segmentation for Facebook and Google or charging in in-app purchases to third parties.
Apart from Facebooks try with Libra, is there anyway they could start competing on the blockchain world? My take is that they should.
I think big tech companies might compete over it, looks like something likely to happen in the future. But the thing with these companies is that they're being very careful about cryptocurrencies. I remember somewhere in 2019 FB banned crypto-related ads, but then, some time later they revoked this ban.
So, as far as I know, not one of these tech companies expressed a strong position, either positive or negative, regarding crypto. Taking into account the latest events, however, it seems like at some point at least one of them will take some actions. The question is, who'll be the first? And when that happens, I think the game will be ON and others will join in as well.