Twitter (NYSE: TWTR) has, for the first time in its history, reported a GAAP profit. Has it finally figured out how to leverage social media to deliver a profitable and growing business venture? Have all its troubles ended? >>>
Facebook (Nasdaq: FB) recently celebrated its fourteenth anniversary amid much controversy. While it continues to outpace market expectations on all financial fronts, the social pressure on the company is mounting. Several groups and leaders have come forward demanding that tech companies like Facebook do something about the growing tech addiction that is plaguing the youth of today. In fact, not just youth. Facebook addiction is a pervasive phenomenon in modern society, and not a healthy one. Facebook has become the modern-day cigarette.
The recent change in the tax code has created quite a stir among tech giants. Apple (Nasdaq: AAPL) is setting a phenomenal example by announcing plans to bring its overseas cash pile back into the country. That should spell good news for investment in the US.
When Satya Nadella took over as the CEO of Microsoft (Nasdaq: MSFT), he had defined his focus on emerging technologies, especially the Cloud. His focus on the segment has stood Microsoft in good stead. The company continues to outpace market expectations on all fronts. And, there is no holding back. Microsoft keeps adding companies to bolster its cloud offering and is slowly, but steadily, gaining market share. >>>
Amazon (NASDAQ: AMZN) last week reported its fourth quarter results, which yet again surpassed all estimates. Its unsurpassed excellence in e-commerce as well as the cloud keeps it in perpetual high gear. The most exciting news from the company, however, is that Amazon is getting into the health insurance business. >>>
Alphabet (Nasdaq: GOOG) recently announced its fourth quarter results, which relayed mixed signals. Alphabet’s Google has long been synonymous with search, but now its bets beyond search are paying off. However, there are also serious societal and ethical questions coming into focus that cast a shadow over the company and its peers, especially Facebook and Apple. >>>
According to Statista, the digital media market is expected to grow from $38.06 billion in 2018 to $42.56 billion by the year 2022. Recently, Chinese content aggregator ByteDance shot into prominence with its acquisition announcement. The Billion Dollar Unicorn club member is also expected to list this year.