Re:Ask HN: When will big tech be taken down a notch?
by Gaessaki on Tuesday September 13, 2022 @08:24AM
(#32823378)
I could include another dozen or companies that I would target in this question. FAANG is simply a stand-in. I guess we could go with GAMA instead.
By market cap the six largest US tech companies are Apple, Microsoft, Alphabet, Amazon, Tesla and Meta (in that order). Netflix is number 71 on the list (of all companies, not just tech); it's smaller than Intel, AMD, IBM, Oracle, Cisco, Salesforce etc.
'FAANG' catching on as an acronym doesn't say all that much about these companies as a group.