Big Tech

Big Tech refers to the largest IT companies in the world, typically including Alphabet, Amazon, Apple, Meta, and Microsoft, or the Magnificent Seven which includes Nvidia and Tesla. This concept is similar to other dominant company groupings such as Big Oil, Big Tobacco, and Big Media, and emerged around 2013 due to concerns over concentrated market power. The five U.S. companies mentioned, known as the Big Five, are leaders in various industries, including online advertising, search, video sharing, email, web browsers, and cloud storage, with Google being the leader in online advertising and search, and Amazon dominating the cloud computing market with Amazon Web Services.learn more on wikipedia