Big Tech has been the biggest financial beneficiary of the pandemic, in the absolute and relative terms. Google, Facebook, Twitter, Microsoft, and Apple have collusively monopolized communication of information about COVID-19, and nearly doubled their market capitalization from $4T to nearly $8T.
Table 1. Changes in GFTMA stocks prices and capitalization from January 1, 2020 to January 1, 2022.
|Corporation||Ticker||1/1/2020||Cap, $T||1/1/2022||Cap, $T||Growth|
|Prices are adjusted for splits and dividend and/or capital gain distributions|
Remember how in the beginning of the pandemic, Trump asked Big Tech to aid the country? WaPo, March 11, 2020:
“Top White House aides — led by White House Chief Technology Officer Michael Kratsios — also signaled the government would soon make available more research about coronavirus, which he encouraged tech companies to analyze, according to the three participants. The hope, U.S. officials said, is that Silicon Valley might be able to deploy its engineers — and tap its powerful systems for crunching and analyzing data — to better understand the disease.”
The MFers have refused! Instead, they collaborated with mass murderers, to block the discussion of the SARS-COV-2 origin and the availability of treatments! They called that efforts against misinformation. March 16, 2020:
The Verge: “A group of the biggest technology companies in the US say they have banded together in a commitment to fight coronavirus-related fraud and misinformation. The group includes Facebook, Google, LinkedIn, Microsoft, Reddit, Twitter, and YouTube. All seven companies sent out a joint statement Monday evening announcing the effort.”