Big Tech Is Now Worth $2 Trillion More Than Media Sector

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Big Tech Is Now Worth $2 Trillion More Than Media Sector
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2019 was kind to GAFA. The four big tech companies entered 2020 with their combined market cap valued by the markets as worth $3.4 trillion, an increase of 31% (or $811 billion) on 2019’s first day…

2019 was kind to GAFA. The four big tech companies entered 2020 with their combined market cap valued by the markets as worth $3.4 trillion, an increase of 31% on 2019’s first day of trading. The media sector began 2020 with a combined valuation of $1.5 trillion, 28% greater than 2019’s level [...]Starting Jan. 1, YouTube started treating content aimed at children differently from everything else uploaded to the world’s biggest video site.

With long-rumored headliners Frank Ocean, Travis Scott and Rage Against the Machine, the Coachella 2020 lineup is a contemporary yet familiar combination of several of the festival’s traditional, interchangeable elements. The elusive Ocean is the big get, while Scott reps hip-hop and Rage checks both the Influential Throwback and Big Rock boxes; [...]Tavis Smiley has lost a bid to throw out PBS’ lawsuit that accuses him of violating his contract by having sex with his subordinates.

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