Financially, 2017 was great for Facebook, Google, and Apple. But Big Tech faces a backlash over its growing power and failure to deal with big problems.
Big Tech — Facebook, Google, Apple, and Amazon — were all financially successful in 2017, but they faced a huge populist backlash.
The industry stumbled through fake news scandals, abuse of their services, and more.
Even as the largest tech companies are becoming more powerful, cracks in their armor are starting to show.
Financially, 2017 was a great year for Big Tech. But in just about every other way, it was a terrible year for the titans of tech.
Even as the giant technology companies — a group that includes Apple, Google, Facebook, and Amazon — posted record profits and saw their stock prices soar, they had to contend with a slew of image-damaging controversies and a populist backlash that was spurred by those problems.
Tech: Big Tech succeeded in getting bigger in 2017 — but its failures to society became much more apparent (FB, GOOGL, AMZN, TWTR, AAPL)
