#FAANGS

When Japan ruled the world

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30 years ago 32 of the 50 largest corporations by market cap were Japanese. Telco NTT was #1 followed by 4 megabanks. Scroll forward to today and there is only one Japanese corporation that makes the Top 50 cut – Toyota Motor (#35). Now, the top 33 of 50 companies are American – Apple, Amazon, Google, Microsoft and Facebook.

 

But only after you told us…

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Once upon a time FB thought our data was its BFF. So one could question the advertising campaign from the social media giant as a sop to the regulators. Where was Zuckerberg telling big government that he is not to blame for the FAANG giant’s users voluntarily giving all their information and broadcasting it to the world. While the group may not have asked for express permission, if one’s privacy really mattered that much one wouldn’t be so active in screaming from the mountain tops what, where, how and with who they were active with.

Still better to seek forgiveness, right?