Post
Topic
Board Economics
Re: Tech companies no longer "friends"
by
Renampun
on 04/03/2021, 17:02:50 UTC
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.
in the next few years, they will be left behind if they do not take advantage of blockchain technology...
Blockchain technology can not only be implemented in cryptocurrencies but can also be applied in many ways and it will help a company. Blockchain is the newest technology and they have to try it, make it sound like a company keeping up with the changing times.