Tech Stats: The "FANGS"
Amazon, Apple, Facebook, and Google are the new consumptive gods, they’ve aggregated more market cap than the majority of nation’s GDP. Facebook mediates your mood and information sources on a daily basis; Amazon dominates large market share in ecommerce, cloud computing, and smart speakers; Google controls around 90 percent of search in many places.
In order to compete with Amazon, a "decentralized marketplace NEEDS to be built first and foremost by sellers"... which is a problem in coordination, but doable.
Facebook's revenue is all about MOBILE ADVERTISING, that's its dominant source of income.
Apple’s revenue is 70% I-PHONE, totally dependent on sales of that product.
Acquisitions by major tech companies:
Facebook – Instagram, WhatsApp
Google – Youtube
Amazon – Twitch
Apple - Beats
Microsoft – Skype, Nokia, LinkedIn, GitHub
Read more at / Info sources:
https://thenextweb.com/syndication/2018/03/28/blockchain-will-disrupt-google-apple-amazon-facebook/
https://www.statista.com/topics/4213/google-apple-facebook-and-amazon-gafa/
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